A Guide For Time Series Prediction Using Recurrent Neural Networks (LSTMs)

As an Indian guy living in the US, I have a constant flow of money from home to me and vice versa. If the USD is stronger in the market, then the Indian rupee (INR) goes down, hence, a person from India buys a dollar for more rupees. If the dollar is weaker, you spend less rupees to buy the same dollar. If one can predict how much a dollar will cost tomorrow, then this can guide one's decision making and can be very important in minimizing risks and maximizing returns. Looking at the strengths of a neural network, especially a recurrent neural network, I came up with the idea of predicting the exchange rate between the USD and the INR.