Forecasting Exchange Rate of Pakistan Using Time Series Analysis

Table 5

USD/PKR model estimation results.

ARIMA models	Sig. Coefficients	Sigma square	Adjusted	AIC	SIC	Durbin–Watson stat
1, 1, 1	2	0.620074	0.051196	2.366611	2.383443	2.00503
1, 1, 2	2	0.620766	0.050137	2.367723	2.384555	1.996646
1, 1, 11	1	0.622144	0.048029	2.369947	2.386779	1.970383
1, 1, 14	2	0.619123	0.052651	2.365134	2.381965	1.969805
2, 1, 1	2	0.620435	0.050645	2.367191	2.384022	1.997569
2, 1, 2	1	0.646328	0.011024	2.408053	2.424885	2.394211
2, 1, 11	1	0.646404	0.010908	2.408177	2.425008	2.394857
2, 1, 14	2	0.641811	0.017936	2.401126	2.417958	2.386060
3, 1, 1	1	0.627268	0.040189	2.378127	2.394959	2.039712
3, 1, 2	1	0.647268	0.009586	2.409500	2.426332	2.397501
3, 1, 11	1	0.653080	0.000693	2.418436	2.435267	2.431091
3, 1, 14	2	0.648562	0.007606	2.411572	2.428404	2.422456
14, 1, 1	2	0.623475	0.045993	2.372134	2.388965	2.039123
14, 1, 2	2	0.642211	0.017323	2.401755	2.418587	2.390340
14, 1, 11	1	0.649540	0.006109	2.413084	2.429915	2.438735
14, 1, 14	2	0.642525	0.016843	2.402827	2.419658	2.440060