Model and Measure the Volatility of the Iraqi Dinar’s Exchange Rate Against the US Dollar Using the AR(1)-GARCH(1,1) Model Under the Student’s *t*-Distribution for the Period 2015–2024
This study aims to model and measure the volatility of the Iraqi dinar’s exchange rate against the US dollar for the period 2015–2024, using modern standard methods for financial time series. The research problem stems from the inadequacy of traditional linear models, such as Ordinary Least Squares (OLS), and the assum...