Summary of Yesterday
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
The provided dataset consists of gmd exchange rates at specific timestamps from 2024-02-28 00:00:02 to 2024-02-28 23:55:02. A closer look at the dataset reveals a small range of variation in the gmd exchange rates ranging between 0.01995 and 0.02004.
From an initial look at the data, the exchange rate does not show a large degree of variation within the specific timescale considered - the rate does not increase or decrease in an exponential manner. This may suggest overall stability in this specific exchange rate within this day. This is based on the fact that the difference between minimum and maximum points of the rate is minimal.
Given that the data provided consists of a single day's timestamps, it is difficult to identify definitive seasonal trends or recurring patterns. The dataset would need to span a longer period to accurately identify seasonality trends with changes in rates, such as weekly or monthly cycles. A possible pattern that we can identify within this relatively short series is that the rate seems to slowly escalate throughout the day with a few fluctuations. However, without more data and context, it's hard to say whether this pattern repeats consistently over a longer period.
No significant outliers were identified in the dataset. This is likely because the gmd exchange rate does not experience drastic spikes or dips within the timeframe analysed. Variations that may have appeared significant in a larger sample might be somewhat muted in a single day's data.
External Factor Considerations
Your request specified that I should not consider external factors like market opening/closing hours, weekends/holidays, or key financial news and reports. As such, I have not incorporated these into my analysis. External factors, however, very often heavily influence currency exchange rate.
To conclude, this brief look at the gmd exchange rate over a single day indicates relative stability, without any major spikes or dips. However, for a more comprehensive analysis, particularly concerning seasonality and recurrent trends, a larger dataset encompassing a broader timeframe would be helpful.