Summary of Last Week
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
Analysis of MZN Exchange Rate Time Series Data
The provided dataset records the changes in exchange rates for MZN at different timestamps. From an initial review of the data, several key observations and patterns have been made. However, it should be noted that this analysis does not consider external influences such as market opening/closing times, weekends/holidays, financial news, or reports.
1. Understanding the Overall Trend of the Exchange Rates
Over the period captured in the dataset, the exchange rate for MZN generally shows slight fluctuations but largely remains stable. The value oscilates around 0.02118 and 0.02128 MZN, with no substantial or consistent increase or decrease observed in the time series. This could suggest that during this period, MZN was relatively stable, and notably significant economic disruptions were not present.
2. Identifying Seasonality and Recurring Patterns
At a glance, it seems there are no strong seasonal patterns or cycles with clear frequencies within the given window of time. The MZN exchange rates do not show a consistent trend of fluctuating at specific intervals or recurring patterns that would suggest seasonality. However, such patterns may become clearer with a larger dataset covering longer periods.
3. Noting Significant Outliers
From the given time series, outliers are hard to accurately identify due to the minor variations in exchange rates. There aren't any instances where the exchange rate significantly deviates from the trend line. The figures tend to remain close to the average throughout the period. Outliers in financial data often stand out as abrupt and substantial spikes or dips in value, which are not evident in this dataset.
To sum up, the MZN exchange rates have remained relatively stable over the timeframe covered in the dataset. While no substantial shifts in value were detected, the data presents minor oscillations. There is no clear pattern or seasonality within this dataset, and no significant outliers were observed.