interest-rate-parity

Interest Rate Parity JS

A library to calculate forward rate considering interest rate parity in Node.js

Installation

npm install --save interest-rate-parity

Usage

ES5

var forwardRate = require('interest-rate-parity').forwardRate;

var spotExchangeRate = 0.78; // AUD/USD = 0.78
var audInterestRate = 0.018; // 1.8% interest rate in Australia
var usdInterestRate = 0.01; // 1% interest rate in U.S.
var timePeriod = 1; // 1 year
var rate = forwardRate(spotExchangeRate, audInterestRate, usdInterestRate);

console.log('Forward rate of AUD/USD considering the Interest Rate Parity is ' + rate);
// TForward rate of AUD/USD considering the Interest Rate Parity is

ES6

import { forwardRate } from 'interest-rate-parity'

const spotExchangeRate = 0.78; // AUD/USD = 0.78
const audInterestRate = 0.018; // 1.8% interest rate in Australia
const usdInterestRate = 0.01; // 1% interest rate in U.S.
const timePeriod = 1; // 1 year
const rate = forwardRate(spotExchangeRate, audInterestRate, usdInterestRate);

console.log('Forward rate of AUD/USD considering the Interest Rate Parity is ' + rate);
// TForward rate of AUD/USD considering the Interest Rate Parity is

Contributing

1. Fork it!
2. Create your feature branch: git checkout -b my-new-feature
3. Commit your changes: git commit -am 'Add some feature'
4. Push to the branch: git push origin my-new-feature
5. Submit a pull request :D

License

Copyright (c) 2016 Supasate Choochaisri

Licensed under the Apache License.