Currency Rates
The data model provides a comprehensive overview of daily currency exchange rates, allowing analysis, forecasting, and strategic decision-making based on measures such as the average exchange rate, minimum and maximum exchange rates, and exchange rate standard deviation. The model includes breakdowns by country, historical trends over time, and future rate projections for in-depth analysis and pattern identification.
Benefits of This Data Model
- Improved Strategic Decision-Making: The data model enables more informed strategic decision-making by providing insights into historical trends and projected future currency rates for effective planning.
- Enhanced Analysis Capabilities: Users can conduct in-depth analysis by comparing multiple currency rates side-by-side, identifying patterns, and fluctuations over time.
- Country-Specific Trend Tracking: The model allows tracking of international trends by providing a breakdown of currency rates by country, aiding in understanding market behavior and making targeted decisions.
- Accurate Forecasting: With access to detailed historical data and market trends, the data model supports accurate forecasting of future currency rates, assisting in budgeting and risk management.
Key Performance Indicators (KPIs)
- Average Exchange Rate: The average exchange rate calculated based on the currency rates provided in the data model.
- Minimum Exchange Rate: The smallest exchange rate value among all the currency rates present in the data model.
- Maximum Exchange Rate: The largest exchange rate value among all the currency rates present in the data model.
- Total Exchange Rate Count: The total count of exchange rates included in the data model.
- Exchange Rate Standard Deviation: The measure of the amount of variation or dispersion of exchange rates from the mean value in the data model.
Available Visualizations
| View Name | Description |
|---|---|
| Currency Rates | Overview of daily currency exchange rates for analysis and forecasting. |
| Currency Rates By Country | Breakdown of currency rates by country to track international trends. |
| Currency Rates By Date | Historical currency rates over time to identify patterns and fluctuations. |
| Currency Rates Comparison | Side-by-side comparison of multiple currency rates for strategic decision-making. |
| Currency Rates Forecast | Projected future currency rates based on historical data and market trends. |