Case A

é ( ß ­ )

Case B

é ( Ý ­ )

Case C

é (ß ¯ )

Case D

ê ( Ý ¯ )

Case E

ê ( ß ¯ )

Case F

ê ( Ý ­ )

Mixed

Cases

Average value change

0.362%

0.534%

0.184%

0.357%

0.498%

0.181%

0.260%

Average error

0.106%

(0.096 - 0114)

0.104%

(0.099 - 0.108)

0.449%

(0.367 - 0.524)

0.104%

(0.097 - 0.110)

0.101%

(0.095 - 0.105)

0.440%

(0.362 - 0.483)

0.157%

(0.146 - 0.164)

Average percentage error

29.3%

19.5%

244.0%

29.2%

20.3%

242.6%

60.3%

Error standard deviation

0.133%

0.134%

0.326%

0.130%

0.133%

0.318%

0.193%

Weighting of case type

19.2%

8.6%

10.1%

19.1%

9.2%

9.7%

24.2%

Overall average estimation error for the 10 synthetic currencies

Average 51.0% Stdev. of error 27.8%