Abstract:
This research held for revealing changes in exchange rates as one of the usual daily event.
Nowadays this changes significantly affect to the entire Kazakhstan economy. We have
understood which factors are directly affecting to the exchange rate. The main goal of this
research was the analysis of the current situation on the market based on the historical data
basis. For achievement of our purpose, we have determined certain steps as follow: searching
for specialized literature and researches with different approaches, which was used in our
research; developing the data base as main part of this research based on statistical data and
samples; running regression models using specific software for macroeconomic analysis;
elaborating certain strategies and recommendations.
During the research we have determined certain factors such as current account balance,
gross domestic product (GDP), consumer price index (CPI) which are influenced to the
exchange rate immediately. Also we have considered devaluation processes and currency
interventions on the market. This research allows to examine how the whole system works and
how to make forecasts for the future periods through computer modeling.
