On Some Consequences of COVID-19 in EUR/USD Exchange Rates and Economy

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Statistical Modelling and Risk Analysis (ICRA 2022)

Abstract

Here we analyze several economical variables which have been affected by the period of COVID-19. In particular, EUR/US exchange rates are addressed. Oil prices have been very volatile and many other economical variables have changed their behavior.

We show by application of statistical tests for normality, including QQ-plots and Shapiro-Wilk that exchange rates of EUR to US from 10/13/2019 to 4/9/2020 are substantially deviating from normality and outliers are present. It is clear that changes to the economical variables have been of interest.

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Correspondence to Milan Stehlik .

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Kuenstler, Z.R. et al. (2023). On Some Consequences of COVID-19 in EUR/USD Exchange Rates and Economy. In: Kitsos, C.P., Oliveira, T.A., Pierri, F., Restaino, M. (eds) Statistical Modelling and Risk Analysis. ICRA 2022. Springer Proceedings in Mathematics & Statistics, vol 430. Springer, Cham. https://doi.org/10.1007/978-3-031-39864-3_10

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