Netherlands Antillean Guilder Forecast

Not for Invesment, Informational Purposes Only

Summary of Last Week

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Summary of Yesterday

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Understanding the Overall Trend

Upon analyzing the time series data, it appears that the overall trend of the exchange rates from April 22, 2024, to April 26, 2024, is fairly stable with minor fluctuations. In the given date range, the highest rate was recorded at 0.76320, whereas the lowest was at 0.75722, indicating a mild decreasing trend over the period. It is important to note that these small fluctuations could be significantly impacted by various factors such as market dynamics, global economic news, among others, which were not considered in this analysis.

Identifying Seasonality or Recurring Patterns

With the given time series data and considering the limited period of five days, it is challenging to draw concrete conclusions regarding any seasonality or recurring patterns in the changes of exchange rates. Having a more extended series covering multiple months or years may offer better insight into seasonality. This requires looking at more extended date ranges and more detailed data. However, one could note a slight and consistent increase in the exchange rate during the early hours of each day.

Noting Any Outliers

An outlier in a distribution is a number that is distant from most of the other numbers in the same distribution. In this dataset, no obvious outliers were detected. However, considering the minor fluctuations throughout the data, the values reaching the high of 0.76320 and the low of 0.75722 might be considered as mild outliers. Notably, the set of data considered is limited, and hence, the understanding of outliers could potentially be skewed or limited.

Concluding Remarks

In conclusion, the exchange rates during the period from April 22, 2024, to April 26, 2024, had a moderate decreasing trend. No significant seasonality patterns or outliers were detected within the analysed period. However, a more extended and detailed dataset would provide a more accurate understanding of the trends, seasonality, and outliers. The analysis was solely based on the given numerical exchange rates, and no external factors were considered.

Summary of Yesterday

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Firstly, let's observe the overall trend of the dataset. By examining the time-series data provided, the ANG exchange rate initially declined from 0.75772 to 0.7569 (around 00:00:02 - 01:45:02). Following this, there was slight fluctuation resulting in minor changes. From 03:10:01 to the end of the dataset, we see an overall upward trend from 0.75703 to 0.75868 predominantly.

Trend Analysis

In general, the exchange rate has experienced some fluctuations throughout the time period but displays an overall upward trend. The rate drops initially then tends to increase incrementally towards the end.

Next, let's focus on determining whether there is any seasonality or recurring patterns. Due to the tight timeframe (data spans across a day), it's challenging to specifically identify any seasonal patterns.

Seasonality

Due to the short timescale of the data, it's difficult to discern any clear seasonal trends. The fluctuations in rates throughout the day do not seem to follow a specific pattern that repeats over a certain period.

Finally, let's identify if there are any significant outliers within the dataset. An outlier might be where there is an unexpected spike or drop in the exchange rate for a particular time period.

Outliers

Throughout the data, we do not see significant divergence from the overall trend, essentially implying a lack of significant outliers. The data seems to flow relatively smoothly, indicating a lack of dramatic spikes or drops. Any fluctuations are relatively minor in the context of the overall trend.

To summarize the dataset analysis:
  • The overall trend of the exchange rates increases across the dataset.
  • It's challenging to determine specific seasonal trends within the data due to the narrow time frame.
  • There do not appear to be significant outliers within the data – the exchange rate follows a relatively consistent trend throughout the timeframe.
Note: Since particular external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports are excluded from this analysis, the understanding gained is purely based on the provided data. Also, as requested, no predictions or forecasts for future rates have been made.

Summary of Yesterday

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Analysis of the Overall Trend of the Exchange Rates

From the provided time-series data, it's evident that exchange rates exhibited a generally downward trend across the specified time period. The rate began around 0.76073 and decreased to a final rate of about 0.75778. This could suggest factors such as changes in monetary policy or economic events. However, as mentioned, this analysis doesn't take into account specific external events or market hours.

Seasonality and Recurring Patterns

While identifying seasonality within this data might require a more comprehensive dataset over a longer timescale, the time series data doesn't show clear seasonality or recurring patterns within the exchange rates. The values fluctuated at various points but no discernible or consistent pattern can be deduced over the time period. More data spanning a wider timeframe (like months or years) would be beneficial for teasing out clear seasonal trends.

Outliers in the Data

Rounding out this initial analysis of the data, no drastic outliers were identified. This would suggest that during this timeframe, the exchange rates fluctuated within a reasonably predictable range without dramatic spikes or dips. Remember, this data analysis doesn't take into account external factors like major financial news or sudden drastic changes in economic conditions, which could cause such outliers in real-world scenarios.

Conclusion

The time series data shows a slight decline in the exchange rate over the provided period. No clear patterns or seasonality could be identified, and the data contained no drastic outliers. Future analysis may benefit from larger datasets and consideration of external factors that influence exchange rates.

Summary of Yesterday

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

1. Understanding the Overall Trend of Exchange Rates

The dataset provided starts from an exchange rate of 0.76226. It fluctuates throughout the period, reaching a peak of 0.76355. The lowest rate within this period is 0.75904, while the rate at the end of this period is 0.76079. From an overall perspective, the exchange rate shows a slight decrease over this time period, although there are considerably many fluctuations.

2. Identifying Seasonality and Recurrent Patterns

In this data set, it's difficult to identify a clear seasonality or a recurring pattern due to the constant oscillations seen in the exchange rates. These fluctuations could primarily be due to the continuous changes in supply and demand in the foreign exchange market. However, the frequency of these fluctuations indicates the market is highly active and volatile.

3. Outliers in Exchange Rates

A number of outliers can be noticed throughout the provided dataset. For instance, at several points, the rates fall significantly below the general trend seen in the data. Notably, the rate drops to 0.75904, which is the lowest in this period and significantly lower than the average rate. Similarly, there are instances where the rate goes significantly above the general trend, like the peak value of 0.76355. These significant fluctuations could be due to a variety of factors within the financial market, but as per your instructions, we are not accounting for specific events or external influences in this analysis.

It's important to interpret outliers carefully, as they can be caused by various factors, such as dramatic shifts in foreign exchange markets, economic announcements, etc. As per the scope of this analysis, however, it's not possible to determine the exact causes of these outliers.

Overall Conclusion

The provided dataset depicts the highly dynamic nature of the exchange rates. Though a slight overall decreasing trend can be inferred, the rates fluctuate quite frequently, making the foreign exchange market highly volatile. Several outliers, both on the higher and lower side, indicate potential shifts in financial scenarios during those times. However, without accounting for external factors or specific events, it's challenging to understand the precise rationale behind those significant fluctuations.

Summary of Yesterday

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Overall Trend of Exchange Rates

Visually observing the data shows some fluctuations in the exchange rates over the timestamps provided. An initial glance at the data suggests that the exchange rate starts at 0.76066, and ends at 0.76225. This indicates a slight increase in the value over this period. However, the change is not entirely linear, with some periods of increase and decrease in between. We would need to plot this data over time or perform a statistical analysis, such as a trend decomposition, to more accurately describe the trend.

Seasonality and Recurring Patterns

Whether there are seasonal patterns or other recurring fluctuations in the exchange rates is hard to determine merely by looking at the data. We would generally expect such patterns in financial data due to regular events like market hours, weekends, and the release of key financial news or reports. However, since the request specifically asked not to include these factors in the analysis, we are left to analyze purely the numbers themselves for any inherent pattern. A deeper analysis like autocorrelation or Fourier Analysis might help detect hidden periodic patterns.

Notable Outliers and Variances

The most obvious outlier in the dataset is the jump from 0.75878 at timestamp 2024-04-23 20:00:03 to 0.7619 at timestamp 2024-04-23 20:05:02. The subsequent data continues around this new level, showing that this was not just a quick spike. This indicates there was a significant change in the market at this point, although the constraints of the analysis prevent us from investigating this further. Beyond this, the data appears relatively stable with minor fluctuations around the increasing trend.

Summary of Last Month

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Based on the provided dataset, here is a comprehensive analysis:

1. Overall Trend of Exchange Rates

The overall trend in the exchange rate data for ANG appears to be somewhat stable with small fluctuations over the entire period in consideration. There are observable minor differences between the highest rate (0.76275) and the lowest rate (0.75886), indicating a minimal yet volatile movement. It is important to note this does not mean a drastic rise or fall within short intervals.

2. Seasonality or Recurring Patterns

By looking at the data, it is difficult to identify any direct evidence of strong seasonality or recurring patterns solely from these timestamp entries. The given data has fluctuations that seem to be more irregular and random than patterned. More thorough data or additional features such as days of the week, months, or quarters might be necessary for evaluating seasonality.

3. Identification of Outliers

A number of data points could be considered as potential outliers where the exchange rate differs significantly from general trend. For instance, we observe declines around the mark of 0.75886 which is relatively lower compared to the data set's rates. Again, additional context or information may be needed to know the reasons behind such outliers and determine whether they are actual outliers or part of potential patterns.

Reminder:

While the above analysis provides a simple overview of the data, a deeper analysis could be performed considering the external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports. Also, the data available is limited, and detailed forecast and specific predictions cannot be reliably made without model trainings, backtesting, and validation, along with consideration of the wider set of influencing factors.

Recent News