Universiti Teknologi Malaysia Institutional Repository

Network topology of foreign exchange rate

Sharif, Shamshuritawati and Yusoff, Nur Syahidah and Djauhari, Maman (2012) Network topology of foreign exchange rate. Modern Applied Science, 6 (11). pp. 35-43. ISSN 1913-1844


Official URL: http://dx.doi.org/10.5539/mas.v6n11p35


In this paper we use a network topology approach to examine the interrelationship of 55 world currencies which is based on correlation analysis. With this point of view, those relationships can be measured by a correlation structure among currencies. To analyse that network, we filter the important information contained therein by using minimum spanning tree, and we interpret it by using a centrality measures. This topology will gives us a useful guide to understand their behaviour and to determine the dominance currency in the network as part of a complex network. The results show that HKD-Hong Kong Dollar is the most dominance currencies, followed by in order of importance; SGD-Singapore Dollar, USD-US Dollar, SAR-Saudi Riyal, and TWD-New Taiwan Dollar.

Item Type:Article
Uncontrolled Keywords:adjacency matrix, complex system, correlation matrix, distance matrix
Subjects:Q Science
ID Code:47271
Deposited By: Narimah Nawil
Deposited On:22 Jun 2015 13:56
Last Modified:05 Mar 2019 10:09

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