Summary of Yesterday
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
After analyzing the provided time-series data, below are the finding in terms of the overall trend, seasonality or recurring patterns and outliers in the changes of exchange rates.
1. Overall Trend
The overall trend of the exchange rates seems to be somewhat stable, with slight fluctuations. There is not a consistent upward or downward trend and the rates hover mostly around 0.748 to 0.751. However, there are few peaks and valleys, the highest rate being observed at 0.75539 and the lowest at 0.74569 indicating minor volatility in the exchange rates over this period.
2. Seasonality or Recurring Patterns
A close examination of the data does not reveal any obvious seasonality or recurring patterns in the data. The rates do not seem to follow a distinctive repetitive pattern based on the time of day, day of the week, or any other interval visible in the data provided.
There are few instances where the ANG exchange rate spikes up or down significantly compared to the rates immediately before and after. For example, there is a sharp rise to 0.75445 on 2024-02-20 and then a jump to 0.75539 on 2024-02-21, both of these instances could be considered as outliers. Similarly, a significant drop is seen on 2024-02-22 when the rate drops to 0.74601 compared to the rates immediately before and after in the data set.
Please note, the identification of outliers is based on the statistical distribution of the exchange rates in this specific dataset, and it does not necessarily mean that these data points are erroneous or should be excluded from future analysis. Decisions about how to handle these outliers should be based on detailed knowledge about the financial circumstances that may have led to these values.
Please remind, this analysis does not consider external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports which can add significant variance to the exchange rates. Furthermore, it does not provide any forecasting of future rates.