. . "SK - Slovensk\u00E1 republika" . "[121BABD4C9F4]" . . . "Exchange Rate Development and Volatility in New EU Member States" . "P(GA402/05/2758)" . . "V\u00FDvoj a volatilita devizov\u00FDch kurz\u016F v nov\u00FDch \u010Dlensk\u00FDch zem\u00EDch EU"@cs . . "Exchange Rate Development and Volatility in New EU Member States"@en . "521-538" . "RIV/47813059:19520/06:00000025" . "V\u00FDvoj a volatilita devizov\u00FDch kurz\u016F v nov\u00FDch \u010Dlensk\u00FDch zem\u00EDch EU"@cs . "This paper assesses exchange rate development and volatility in six new EU member states during the period November 1996 - April 2006. The development is examined by the calculation of various rates of return and the exchange rate volatility is analyzed using moving average standard deviations of the annual-ized daily returns of the nominal bilateral exchange rates. The three ERM II participating currencies (SIT, CYP, SKK) entered into the mechanism at the optimal time of stable exchange rate development and low volatility. However, the admissible fluctuation band +/- 2.25 % seems to be too narrow for the remain-ing three currencies (CZK, HUF, PLN). Thus, these currencies should remain out of ERM II for some time."@en . . . "This paper assesses exchange rate development and volatility in six new EU member states during the period November 1996 - April 2006. The development is examined by the calculation of various rates of return and the exchange rate volatility is analyzed using moving average standard deviations of the annual-ized daily returns of the nominal bilateral exchange rates. The three ERM II participating currencies (SIT, CYP, SKK) entered into the mechanism at the optimal time of stable exchange rate development and low volatility. However, the admissible fluctuation band +/- 2.25 % seems to be too narrow for the remain-ing three currencies (CZK, HUF, PLN). Thus, these currencies should remain out of ERM II for some time." . "Ekonomick\u00FD \u010Dasopis" . . "RIV/47813059:19520/06:00000025!RIV07-GA0-19520___" . "474965" . "P\u0159\u00EDsp\u011Bvek analyzuje v\u00FDvoj devizov\u00FDch kurz\u016F a jejich volatilitu v \u0161esti nov\u00FDch \u010Dlensk\u00FDch zem\u00EDch EU v obdob\u00ED listopad 1996 - duben 2006. Pou\u017Eity jsou r\u016Fzn\u00E9 typy v\u00FDnosov\u00FDch m\u011Br a klouzav\u00FDch pr\u016Fm\u011Br\u016F sm\u011Brodatn\u00FDch odchylek denn\u00EDch v\u00FDnos\u016F. Anal\u00FDza ukazuje, \u017Ee slovensk\u00E1 koruna vstoupila do ERM II v obdob\u00ED velmi n\u00EDzk\u00E9 volatility."@cs . "0013-3035" . . "19520" . . "Exchange Rate Development and Volatility in New EU Member States" . "18"^^ . . "54" . "1"^^ . . . "Exchange Rate Development and Volatility in New EU Member States"@en . "exchange rates, rate of return, volatility, ERM II, exchange rate stability criterion, new EU members states"@en . . . "Stav\u00E1rek, Daniel" . . . "1"^^ . "6" .