PREDICTING THE EURO TO CZECH CROWN EXCHANGE RATE.

This paper explores the prediction of the exchange rate of the Czech Crown and its market position relative to larger currencies such as the Euro. The study examines the development of the EUR/CZK exchange rate from 2003 to 2023 using neural networks, revealing its volatile tendencies over twenty years. The analysis shows that the exchange rate fluctuated between 22 and 34 without a prolonged period of stagnation. Furthermore, a prediction for the exchange rate in the months of April, May, and June 2023 was conducted, indicating that most neural networks produced similar values and projected no significant increase or decrease. The paper emphasizes that the algorithm of neural networks relies on past values, implying that the actual exchange rate may differ significantly from the predicted outcome. [ABSTRACT FROM AUTHOR]