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Statistical Analysis Regarding the Evolutions of the Euro Exchange Rate and the Dollar Exchange Rate, in Romania

Author

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  • Gabriela OPAIT

    (Dunarea de Jos University of Galati, Romania)

Abstract

This paper reflects a the statistical modeling of the values concerning the annual averages of the euro exchange rate, respectively the dollar exchange rate in Romania, through by means of the „Least Squares Method”. The exchange rate represents the price regardinga monetary unit from the currency which belongs to a country, expressed in the monetary unit of the another country. Also, the exchange rate takes into consideration the type of quotation which linking the two currencies involved at the exchange ratio. The exchange rates have been more volatile over time, then relative price levels and rates of inflation.

Suggested Citation

  • Gabriela OPAIT, 2016. "Statistical Analysis Regarding the Evolutions of the Euro Exchange Rate and the Dollar Exchange Rate, in Romania," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 80-91.
    • Handle: RePEc:ddj:fseeai:y:2016:i:1:p:80-91
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