Open access Jurnal SINTA 1
Implementation of recurrent neural network for the forecasting of USD buy rate against IDR
International Journal of Electrical and Computer Engineering (IJECE) · Vol. 13 No. 4 (2023)
- ISSN
- 2722-2578, 2088-8708
- Published
- 2023-08-01
- Publisher
- Institute of Advanced Engineering and Science
Abstract
This study implements a recurrent neural network (RNN) by comparing two RNN network structures, namely Elman and Jordan using the backpropagation through time (BPTT) programming algorithm in the training and forecasting process in foreign exchange forecasting cases. The activation functions used are the linear transfer function, the tan-sigmoid transfer function (Tansig), and the log-sigmoid transfer function (Logsig), which are applied to the hidden and output layers. The application of the activation function results in the log-sigmoid transfer function being the most appropriate activation function for the hidden layer, while the linear transfer function is the most appropriate activation function for the output layer. Based on the results of training and forecasting the USD against IDR currency, the Elman BPTT method is better than the Jordan BPTT method, with the best iteration being the 4000 th iteration for both. The lowest root mean square error (RMSE) values for training and forecasting produced by Elman BPTT were 0.073477 and 122.15 the following day, while the Jordan backpropagation RNN method yielded 0.130317 and 222.96 also the following day.
Collaboration network of the authors
19 authors · 34 co-authorship links · 6 across different organisations
Hover or tap a name to highlight its co-authors. Double-click to open the author's page.
- Bandung Institute of Technology
- Politeknik Penerbangan Surabaya
- Indonesia University of Education
- Affiliation unknown
- Different organisations
- Same organisation
- Affiliation unknown
- Thicker line = more joint articles · bigger circle = more articles
Show as table
| Co-author | Organisation | Joint articles |
|---|---|---|
| Masayu Leylia Khodra | Bandung Institute of Technology | 3 |
| Dwi Hendratmo Widyantoro | Bandung Institute of Technology | 3 |
| E. Aminudin Aziz | Indonesia University of Education | 3 |
| Tjong Wan Sen | Bandung Institute of Technology | 1 |
| Arry Akhmad Arman | Bandung Institute of Technology | 1 |
| Rila Mandala | Bandung Institute of Technology | 1 |
| Budi Rahardjo | Bandung Institute of Technology | 1 |
| Muhammad Nur Kholish Abdurrazaq | Bandung Institute of Technology | 1 |
| Muhammad Adi Khairul Anshary | Bandung Institute of Technology | 1 |
| Saripudin Saripudin | Bandung Institute of Technology | 1 |
| Modestus Oliver Asali | Bandung Institute of Technology | 1 |
| Toto Indriyanto | Bandung Institute of Technology | 1 |
| Yudi Satria Gondokaryono | Bandung Institute of Technology | 1 |
| Rina Mardiati | Bandung Institute of Technology | 1 |
| Sony S Wibowo | Affiliation unknown | 1 |
Affiliations come from OpenAlex; journal OAI-PMH metadata carries none. Authors without an OpenAlex ID are matched by name, which can merge or split people.