Summary of Yesterday
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
Analysis of the LRD Exchange Rate Time Series Data
From the time-series data provided, each timestamp represents a given hour, and the corresponding LRD value is the exchange rate at that time. The exchange rates are between 0.00706 and 0.0071.
Trends in the Exchange Rates
Upon close examination of the provided dataset, the trend in the exchange rates seems to be relatively stable. The rates fluctuate within a narrow range and there is no pronounced upward or downward slope over the given time frame. Specifically, the rates largely oscillate between 0.00706 and 0.0071, reflecting mild volatility in the exchange rates over this period.
Seasonality and Recurring Patterns
An analysis of the seasonality or the recurring patterns in the exchange rates is not possible without additional data or a longer time series. However, given that the data involves 24-hour intervals, any possible daily seasonality is levelled out. It would require data points over larger intervals, such as weeks or months, to reliably discern any potential seasonal patterns.
Outliers in the Exchange Rates
The dataset does not appear to have any notable outliers. An outlier in this context would be a rate that significantly deviates from the established range. In reality, all rates lie tightly between 0.00706 and 0.0071, indicating that there are no extreme variations or abnormalities in these data points.
Given the consistent adherence to the mentioned range, it can be inferred that the exchange rate behaves in a predictable manner, maintaining a sense of stability. However, please note that this is a simplified interpretation without considering a multitude of other potential influencing factors.
It's worth noting as well that understanding exchange rate behaviours is a complex task that usually entails considering geopolitical influences, economic indicators and a host of other factors. The interpretation given here is based solely on the provided data points, which offer a rather short timespan and limited variation, offering just a glimpse into the possible behaviours of the LRD exchange rate.
As is, the data does not allow for making detailed forecasts or determining external influences such as market hours or financial news. However, it provides a minimalistic insight into the evident stability of the exchange rates during the depicted period.