Abstrakt
The article describes the issues related to exchange rate volatility of crypto- and fiat currencies. The first part presents the issue of exchange rate volatility as well as methods of its evaluation and criteria of the conducted research. In the next part the author presented the essence of currencies and the main currency i.e. fiat money in the global economy in terms of the volume of transactions on the FOREX market. Then the main idea of crypto currency was presented – together with its advantages as well as disadvantages and main currencies in the economic cycle in terms of their market capitalization. Next, the results of research on exchange rate volatility in the time horizons were presented: 1-day, 1-week, 1-month and 1-year. The exchange rate fluctuations of EUR, JPY, GBP and BTC, ETH, XRP cryptocurrencies against the US dollar were analyzed. The article was concluded with a summary, which shows that cryptocurrencies are characterized by significantly greater exchange rate volatility against the so-called traditional currencies.
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- Wersja publikacji
- Accepted albo Published Version
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- otwiera się w nowej karcie
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Informacje szczegółowe
- Kategoria:
- Publikacja w czasopiśmie
- Typ:
- artykuły w czasopismach recenzowanych i innych wydawnictwach ciągłych
- Opublikowano w:
-
Przedsiębiorczość i Zarządzanie
wydanie 1,
strony 229 - 243,
ISSN: 1733-2486 - Język:
- angielski
- Rok wydania:
- 2018
- Opis bibliograficzny:
- Sterniński R.: The Comparison of the Crypto- and Fiat Currencies’ Exchange Rate Volatility in The Years 2015–2017// Przedsiębiorczość i Zarządzanie. -., iss. 1/1 (2018), s.229-243
- Źródła finansowania:
-
- Publikacja bezkosztowa
- Weryfikacja:
- Politechnika Gdańska
wyświetlono 149 razy