Current Forecast of Korean Won to US Dollar

Units: KRW per USD, Average of Month.  Not Seasonally Adjusted.

Solid Line = Actual Values.  Dashed Line = Predicted Values.



Forecast Values for Korean Won to US Dollar

DateForecast
Oct-171130.884
Nov-171162.17
Dec-171182.96
Jan-181163.48
Feb-181164.6
Mar-181176.45
Apr-181156.58

How This Forecast is Produced

The forecast of the indicator above is produced using Multichannel Singular Spectrum Analysis, or MSSA.

The forecast is made by using MSSA to decompose the time series into a trend component and many cyclical components.  The decomposed components of the time series are then projected forward in time.

The South Korean Won

The South Korean won, or won or krw, is the official currency of the Korean Republic.  The S Korea Won is the 17th most traded currency in the world.