Summary of Yesterday
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
The provided data set comprises time-series data detailing the progression of exchange rates (BMD) over time, with each data point timestamped. Due to the restriction on the consideration of specific events or external factors, such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports, the following analysis solely reflects the inherent trends and patterns within the data itself.
Overall Trend of Exchange Rates
The general trend of the BMD exchange rate throughout the period observed appears to be relatively stable with minimal fluctuation. However, the overall trend shows a slight increase in value over the provided timeline. It started at 1.3481 at the beginning of the dataset and closed at 1.35023 at the end. Thus, even though there were fluctuations in between, the overall increase is observed.
Seasonality and Recurring Patterns
While outright and clear seasonality is challenging to discern given the relatively short period and the lack of external variable consideration as mentioned above, there seem to be recurring patterns in the exchange rate movement. The dataset shows alternating periods of minor increases and decreases throughout the examining period. However, due to the scope of the data provided and no external factors being taken into account, these patterns should not be interpreted as definite cyclical or seasonal trends.
Outliers & Significant Events
Without specific event consideration, it's difficult to explain spikes or drops in the data as outliers. Some variability does stand out, such as around the 1.34914 to 1.35159 marks, which might warrant further analysis. The rate then decreases to 1.34911 before increasing back again. These swings, however, can't be definitively labelled as outliers based solely on the provided data and without additional context or relevant event correlation.
The analysis above is based purely on the provided data and does not factor in other potentially impactful aspects such as volatility caused by market news, geopolitical events, or economic indicators.