Featured Application: The superiority of a novel computational technique (deep neural decision trees) for prediction of currency crises over other methodologies and the construction of new crisis prediction models more precise than existing ones.Abstract: Currency crises are major events in the international monetary system. They affect the monetary policy of countries and are associated with risks of vulnerability for open economies. Much research has been carried out on the behavior of these events, and models have been developed to predict falls in the value of currencies. However, the limitations of existing models mean further research is required in this area, since the models are still of limited accuracy and have only been developed for emerging countries. This article presents an innovative global model for predicting currency crises. The analysis is geographically differentiated for regions, considering both emerging and developed countries and can accurately estimate future scenarios for currency crises at the global level. It uses a sample of 162 countries making it possible to account for the regional heterogeneity of the warning indicators. The method used was deep neural decision trees (DNDTs), a technique based on decision trees implemented by deep learning neural networks, which was compared with other methodologies widely applied in prediction. Our model has significant potential for the adaptation of macroeconomic policy to the risks derived from falls in the value of currencies, providing tools that help ensure financial stability at the global level. Appl. Sci. 2019, 9, 5227 2 of 18 effect of contagion on other countries. However, the event was about more than just speculation on the Thai currency and saw the collapse of Asian stock markets. The financial crisis that began with the devaluation of the Thai baht exchange rate resulted in a sharp increase in interest rates and the collapse of many companies, as well as an increase in the cost of credit and a general fall in GDP in the region [1]. This resulted in foreign and national investors pulling out investment. Not only did this crisis affect Asian countries, but it also had a negative impact on other emerging economies, especially in Latin America, showing that currency crises are not limited to a specific economy. Globalization can increase the economic difficulties of societies and affect the structure of national economies after the real economy has suffered a damaging impact [2]. Figure 1 shows the number of currency crises per year at the international level. Appl. Sci. 2019, 8, x FOR PEER REVIEW 2 of 19of contagion on other countries. However, the event was about more than just speculation on the Thai currency and saw the collapse of Asian stock markets. The financial crisis that began with the devaluation of the Thai baht exchange rate resulted in a sharp increase in interest rates and the collapse of many companies, as well as an increase in the cost of credit and a general fall in GDP in the region [1]. This resulted in foreig...