Software system exchange operations immediate estimation for mobile devices running
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Abstract
Here described the essentials of a problem-solving environment that was developed for mobile devices running under Android operating system, which was destined for exchange operations immediate estimation in the context of stochastically indefinite external economic environment. Given the chance to exchange funds in native currency for freely convertible currency and conversely, it’s viable to compare the results of available funds direct distribution to bank deposit or intermediated through another currency. The application system allows evaluating the deposit effectiveness for following schemes: opening deposit in foreign exchange with double conversion, opening deposit in native currency without conversion, opening deposit in native currency with double conversion. Interval analysis and Euclidean arithmetic used to perform accounting. System implements accounting based on interval axiom classical scheme and substandard axiom scheme. When choosing the formula structure used those which provides the least width of interval of uncertainty. Developed “Banking Forex transaction” application oriented toward students of economical specialty, bank official and all people that want to evaluate the efficiency of funds exchange and percentage buildup. In the conditions of high volatility of exchange rates, currently observed all over the world, the success of economic agents depends on correctly taken decisions in the foreign exchange market and thus raises the level of economic knowledge of the process owner, that’s required for making correct and an efficient solution on the currency market. Developed application helps to evaluate efficiency of the double conversion and make an efficient solution.
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References
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