US DollarPhilippine Peso1 USD54.585949 PHP10 USD545.859 PHP100 USD5,458.59 PHP200 USD10,917.19 PHP300 USD16,375.78 PHP400 USD21,834.38 PHP500 USD27,292.97 PHP1,000 USD54,585.95 PHP5,000 USD272,929.75 PHP10,000 USD545,859.49 PHP100,000 USD5,458,594.9 PHP1,000,000 USD54,585,949 PHPPhilippine PesoUS Dollar1 PHP0.01832 USD10 PHP0.183197 USD100 PHP1.831973 USD200 PHP3.663947 USD300 PHP5.49592 USD400 PHP7.327893 USD500 PHP9.159866 USD1,000 PHP18.319733 USD5,000 PHP91.598664 USD10,000 PHP183.197 USD100,000 PHP1,831.97 USD1,000,000 PHP18,319.73 USD
Other popular conversion pairs
59 INR USD 59 USD INR 59 EUR USD
59 USD EUR 59 GBP USD 59 USD GBP
59 JPY USD 59 CAD USD 59 USD CAD
59 AUD USD 59 USD AUD 59 MXN USD
59 USD MXN 59 KRW USD 59 HKD USD
FAQ
How much is 59 US Dollars in Philippine Pesos
Our currency converter shows how much 59 US Dollars are in the Philippine Pesos (59 $ to ₱). As of today, 59 USD equals 3 220.570991 PHP. The US Dollar and the Philippine Peso is a popular currency pair used on the currency exchange markets.
59 USD to PHP currency converter
Few quick steps are required to work with the 59 USD to PHP currency converter:
- open a corresponding page for USD/PHP pair;
- provide a certain amount of money to convert.
The monthly rate dynamic of 59 US Dollars to Philippine Pesos
The change of the value of 59 US Dollars to Philippine Pesos can be traced on the chart. Over the last week, the rate has changed by -19.7936 PHP, which makes -0.6146%.
Peramalan Nilai Tukar Rupiah Terhadap USD dengan Menggunakan Model GARCHAuthors
- Nugroho Agung Wijoyo
DOI:
//doi.org/10.31685/kek.v20i2.187Abstract
Makalah ini menggunakan teknik ekonometrik Generalized Auto Regressive Conditional Heteroskedasticity (GARCH) untuk meramalkan perubahan nilai tukar yang berfrekuensi tinggi di Indonesia. GARCH, suatu model non-linear, umumnya digunakan untuk data keuangan berfrekuensi tinggi, seperti nilai tukar harian Rupiah terhadap Dolar Amerika Serikat. Penelitian ini menilai perilaku dari nilai tukar Rupiah terhadap dolar Amerika Serikat dengan membuat model dari perubahan nilai tukar harian dalam bentuk logaritma untuk periode 3 Januari 2000 sampai 16 Desember 2015. Periode ini meliputi era volatilitas tinggi dan turbulensi keuangan, seperti yang terjadi pada semester kedua tahun 2015 ketika nilai tukar Rupiah terhadap dolar Amerika Serikat turun menjadi Rp.14.500. Menggunakan model GARCH dalam menetapkan heteroskedastisitas, studi ini menemukan bahwa model GARCH sangat mencerminkan sifat empiris natural logaritma dari nilai tukar rupiah terhadap dolar Amerika Serikat pada tingkat signifikansi 1%.References
Abimanyu, Y. (2004). Memahami kurs valuta asing. Depok: Fakultas Ekonomi Universitas
Indonesia.
Abhyankar, A., Sarno, L. & Valente, G. (2004). Exchange rates and fundamentals: Evidence on
the economic value of predictability. Centre for Economic Policy Research Discussion
Paper No. 4365.
Akgiray, V. (1989). Conditional heteroskedasticity in time series of stock returns: Evidence and
forecasts. Journal of Business, 62(1), 55-80.
Anonymous. (1997). International Economy: Asia. Barclays Economic Review, 24-25.
Assauri, S. (1984). Teknik dan metode peramalan: Penerapannya dalam ekonomi dan dunia
usaha Edisi Pertama. Depok: Lembaga penerbit Fakultas Ekonomi Universitas Indonesia.
Berkowitz, J. & Giorgianni, L. (2001). Long-horizon exchange rate predictability?. Review of
Economics and Statistics, 83, 81-91.
Bollerslev, T. (1986). Generalized autoregressive conditional heteroskedasticity. Journal of
Econometrics, 31 , 307-327.
Campbell, J.Y., Viceira, L. & White, J. (2003). Foreign currency for long-term investors.
Economic Journal, 113, C1-C25.
Cheung, Y.-W., Chinn, M.D. & Pascual, A.G. (2003). Recent exchange rate models: In-sample
fit and out-of-sample performance, in De Grauwe, P. (ed.), Exchange rate modeling:
Where do stand?, Cambridge and New York: Cambridge University Press.
Chu, S.-H. & Freund, S. (1996). Volatility estimation for stock index options: A GARCH
approach, Quarterly Review of Economics and Finance, 36(4), 431—50.
Darmawan, K. (2016). Normalisasi kebijakan the fed bakal ciptakan capital flight, yang
diunduh pada tanggal 9 September 2016 di
//m.plasadana.com/view.php?id=7774.
Enders, W. (2015). Applied Econometric Time Series 4th edition. USA: John Wiley & Sons Inc.
Engle, R. F. (1982). Autoregressive conditional heteroscedasticity with estimates of variance of
United Kingdom inflation. Econometrica, 50, 987-1008.
Faust, J., Rogers, J.H. & Wright, J. (2003). Exchange rate forecasting: The errors we’ve really
made. Journal of International Economics, 60, 35-59.
Gillies, Malcolm, Perkins, D.H., Roemer, M. & Snodgrass, D.R.. 1996. Economics of
development. New York: W.W. Norton & Company.
Granger, C. W. J., & Andersen, A.(1978). An introduction to bilinear time-series models.
Gottingen: Vandenhoeck and Ruprecht.
Greene, W. H. (2008). Econometric analysis Sixth edition. Pierson International Edition.
Gujarati, D. N. (2004). Basic econometrics. 4th edition. Mc Graw Hill.
Haryono, E. (2016). Dampak kenaikan suku bunga AS. Harian Kompas tanggal 5 Januari 2016.
Khan, M. S. (1977). The variability of expectations in hyperinflations. Journal of Political
Economy, 85, 817-827.
Klein, B. (1977). The demand for quality-adjusted cash balances: Price uncertainty in the U.S.
demand for money function. Journal of Political Economy, 85, 692-715.
Kompas tanggal 3 Januari 2016. Gejolak kurs warnai tahun 2016.
Maddala, G.S. (1992). Introduction to econometrics. Second Edition. Maxwell MacMillan
International Editions.
Mark, N.C. (1995). Exchange rates and fundamentals: evidence on long-horizon predictability.
American Economic Review, 85, 201-18.
Mark, N.C. & Sul, D. (2001). Nominal Exchange rates and monetary fundamentals: Evidence
from a small post-bretton woods panel. Journal of International Economics, 53, 29-52.
Marshall. D. (1998). Understanding the Asian crisis: Systemic risk as coordination failure.
Economic Perspectives, 22(3), 13-28.
Malkiel, Burton G. (1999). A random walk down wall street. 7th edition. W. W. Norton &
Company, Inc.
McNees, S. S. (1979). The forecasting record for the 1970's. New England Economic Review,
September/October 1979, 33-53.
Mendenhall, W. & Reinmuth, J. E. (1982). Statistics for management and economics. Fourth
Edition.
Meese, R.A. & Rogoff, K. (1983). Empirical exchange rate models of the seventies: Do they fit
out of sample? Journal of International Economics, 14, 3-24.
Nawatmi, S., (2012), Volatilitas nilai tukar dan perdagangan internasional.Dinamika
Akuntansi, Keuangan dan Perbankan, 1 (1), 41-56.
Neely, C.J. & Sarno, L. (2002). How well do monetary fundamentals forecast exchange rates?
Federal Reserve Bank of St. Louis Review, 84, 51-74.
Obstfeld, M. & Rogoff, K. (1995). Exchange Rate dynamics redux. Journal of Political
Economy, 103, 624-60.
Poon, S-H.& Granger, C. (2005). Practical issues in forecasting volatility, Financial Analyst
Journal, 61 (1), 45 – 56.
Rachev, S. T., Mittnik, S., Fabozzi, F.J., Focardi, S. M., & Jasic, T. (2007). Financial
econometrics from basics to advanced modeling techniques. John Wiley & Son.
Sadli, M. (1998). The Indonesian crisis. ASEAN Economic Bulletin, 15 (3)..
Salvatore, D. (2005). International economics, Prentice Hall.
Sarno, L, Taylor, M. P., & Frankel, J. A. (2002). The economics of exchange rates. Cambridge
University Press.
West, K.D., Edison, H.J., & Cho, D. (1993). A utility-based comparison of some models of
exchange rate volatility. Journal of International Economics, 35, 23-45.
Downloads
2016-08-01Published
Vol. 20 No. 2 (2016) ArticlesIssue
Section
License
STATEMENT OF AUTHENTICITY AND COPYRIGHT RELEASE
I hereby certify that:
- The article (Article title) is authentic and never being published previously or will be published in other publication as well as not a plagiarism in any form.
- The article does not have any issue with other parties, regarding of the publication copyright.
- All the authors have read this statement and agree with the name and sequence.
- Hereby, I transfer the copyright of my article (Article title) to the KEK Editorial Board . this copyright transfer includes a right to reproduce a photograph for the similar article and its translation. This is also including a right to upload the article into a computer system which disseminated widely on the internet.
- Hereby, I agree with my article (Article title) to be published by KEK Volume (xx) Edition (x), under Creative Common Attribution- NonCommercial-ShareAlike 4.0 licensing. This is also including a right to upload the article into a computer system which disseminated widely on the internet.
Name : (Full Name)
Date : (Signing date)