Skip to Main Content
Table 3.
Descriptive statistics of the sampled currencies, 1998–2017
 Mean Median Std. dev. Skewness Kurtosis Observations 
Panel (A) Sample of free-floating currencies 
RV 1.378 1.340 0.400 0.938 5.198 1,728 
IFE 1.000 1.000 0.001 −0.363 4.496 1,728 
PPP 0.832 0.501 0.680 1.589 3.989 1,728 
BETA 0.928 0.910 0.158 0.559 3.006 1,728 
Panel (B) Sample of floating currencies 
RV 0.073 0.072 0.368 −0.144 5.140 1,842 
IFE 0.079 0.047 0.113 2.897 12.010 1,842 
PPP 0.426 0.446 0.116 −0.410 3.804 1,842 
BETA 0.827 0.806 0.422 0.218 3.798 1,842 
 Mean Median Std. dev. Skewness Kurtosis Observations 
Panel (A) Sample of free-floating currencies 
RV 1.378 1.340 0.400 0.938 5.198 1,728 
IFE 1.000 1.000 0.001 −0.363 4.496 1,728 
PPP 0.832 0.501 0.680 1.589 3.989 1,728 
BETA 0.928 0.910 0.158 0.559 3.006 1,728 
Panel (B) Sample of floating currencies 
RV 0.073 0.072 0.368 −0.144 5.140 1,842 
IFE 0.079 0.047 0.113 2.897 12.010 1,842 
PPP 0.426 0.446 0.116 −0.410 3.804 1,842 
BETA 0.827 0.806 0.422 0.218 3.798 1,842 

Note: RV = relative volatility; IFE = international Fisher effect; PPP = purchasing power parity; BETA = country risk.

Close Modal

or Create an Account

Close Modal
Close Modal