North Korean Won Forecast

Not for Invesment, Informational Purposes Only

Summary of Yesterday

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Statistical Measures

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    Analysis Overview

    At a glance, the dataset appears to show almost no variation in the KPW exchange rate, which remains consistently at 0.00151, with a slight dip to 0.0015 at a certain point. Let's dig deeper into the specific aspects.

    1. Overall Trend of Exchange Rates

    From the provided dataset, the overall trend of the exchange rate of KPW is steady. The rate does not show any significant increases or decreases but instead remains stable at 0.00151, with a minor and temporary dip to 0.0015. This stability is maintained throughout different timestamps, suggesting a stable and consistent exchange rate for the KPW.

    2. Seasonality in Exchange Rates

    Given the stability of the KPW exchange rate in the provided dataset, there is no discernible seasonality or recurring pattern in the changes in exchange rates across different times of the day. A constant rate of 0.00151 is maintained consistently, suggesting a lack of fluctuation that might imply seasonal effects.

    3. Outliers in the Dataset

    An outlier in the provided data is the slight dip in the exchange rate to 0.0015, though this change is minimal and appears to have been short-lived as the rate quickly returns to its usual value of 0.00151. Apart from this, the KPW exchange rate maintains its consistent value, with no other noticeable outliers or irregularities in the dataset.

    Conclusion

    The provided dataset, therefore, illustrates a highly steady and consistent trend in the KPW exchange rate, with negligible deviations. These patterns indicate that, within the scope of the given data, the KPW exchange is stable and lacks significant variability, either in terms of overall trends or specific seasonal patterns.

Summary of Yesterday

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Statistical Measures

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    Overall Trend Analysis

    The dataset provided consists of the KPW (North Korean Won) exchange rate over a specific period on a specific day (February 28, 2024). Based on the data provided, the exchange rate remained constant at 0.00151 throughout the day without any variations. This indicates that the KPW is stable, and there were no upward or downward trends witnessed in the exchange rate on this particular day.

    Seasonality or Recurring Patterns

    Regarding the identification of any seasonality or recurring patterns in the changes of exchange rates, it is challenging to identify such patterns with the given dataset. This difficulty arises from the data remaining constant throughout the day without any changes in the exchange rates. As such, no identifiable patterns or seasonality were detected from this data. A more extensive dataset consisting of rate changes over a longer period might yield detectable patterns or seasonal fluctuations.

    Notable Outliers

    According to the provided dataset, there were no outliers observed in the exchange rates for the KPW on this day. An outlier would typically represent a significant fluctuation or deviation in the exchange rate from the general pattern or trend. In this case, as the exchange rates remained consistent throughout the day, no unusual or unexpected figures represented a significant deviation from the observed pattern.

    It is important to note that this analysis is purely based on the data provided and does not consider external factors that might influence the rate changes, such as market operation hours, weekends or holidays affecting trading volumes, or the release of significant financial news, reports, or events.

Summary of Yesterday

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Statistical Measures

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Summary of Last Month

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    Financial Data Analysis

    The dataset provided is a time-series data set which contains information about the exchange rates of KPW currency at different timestamps. The rates are recorded in intervals of roughly 5 to 15 minutes. Let's conduct a preliminary analysis based on this information.

    Understanding Overall Trend

    Upon a preliminary analysis of the provided time-series data, it appears that the exchange rate of KPW remains constant at 0.0015 throughout the entire given period. This indicates that there is no significant upward or downward trend in the exchange rates. The rates are showing a stable behavior in general.

    Identifying any Seasonality

    Since the data provided does not vary over time, it is difficult to identify any seasonality or recurring patterns. Normally, in a time-series dataset, we'd look for regular and predictable changes that recur every calendar year (seasonality). However, because the exchange rates remain the same at 0.0015 over the period in question, we cannot observe such patterns.

    Noting any Outliers

    An outlier in a dataset is an observation that lies an abnormal distance from other values in a random sample from a population. In order to identify outliers in this dataset, we'd typically look for instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality. Again, due to the constant rate of 0.0015 evidenced throughout the data, it occurs that there are no potential outliers.

    As per the stipulation, this analysis did not take into account external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports. At the same time, as instructed, this analysis did not aim to formulate any forecasts about future rates.

    In summary, the KPW exchange rate seems to remain stable at 0.0015 during the entire provided period. There does not appear to be any significant fluctuations, which suggests a stable market condition. However, it's worth noting that this is a simplification and other factors not considered here might be at play.

Summary of Last Week

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Statistical Measures

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    Overall Trend of Exchange Rates

    The overall trend of the exchange rates over the provided period appears to be stable, with minor fluctuations. The rate hovers between 0.00149 and 0.00151, which is a relatively small range indicating the stability of this particular exchange over the defined period. The data points fluctuate around a central line, confirming no discernible upward or downward trend.

    Seasonality or Recurring Patterns

    The dataset does not show any clear signs of seasonality or recurring patterns when examined from a time series perspective. In this context, “seasonality” would refer to a distinct, predictable pattern that recurs or repeats every certain period, such as a notable increase or decrease of rates during certain hours of the day or certain days of the week, or systematic patterns repeating every month or year.

    Identifying Outliers

    Based on the provided data, we don't observe any instances where the exchange rate differs significantly from the expected rate based on the prevailing trend. The exchange rates seem to remain within a consistent range, and no unusual spikes or dips suggestive of an outlier are visible from the dataset.

    Please note that this analysis is based solely and entirely on the data provided, without taking into consideration external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. Therefore, for a deeper and more comprehensive understanding, it would be beneficial to analyze these rates with the necessary context regarding external market events and happenings.

Summary of Yesterday

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Statistical Measures

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    Overall Trend of the Exchange Rates

    The exchange rate data does not show a clear upward or downward trend over the period observed. The KPW rate stays consistently at 0.0015, dropping to 0.00149 only once on February 22. The exchange rate then reverts back to 0.0015 and remains there throughout the rest of observed period. This suggests a very stable exchange rate with minimal fluctuations.

    Seasonality or Recurring Patterns in the Exchange Rates

    Despite the limited fluctuations in the exchange rate, each day carries a cycle of the same value repeating. This is shown through the rate staying consistent at 0.0015 for every timestamp on a given day. However, due to the lack of significant variation in the exchange rates, any potentially minor seasonality or recurring patterns are not visible within this data.

    Outliers in the Exchange Rates

    The KPW exchange rate shows very little volatility over the period. Only one instance stands out in which the exchange rate dips slightly to 0.00149 on February 22. This minor deviation could be considered an outlier compared to the otherwise steady rate of 0.0015. Nevertheless, the difference is minimal and should not have a substantial impact on the overall understanding of the trend.

    Additional Considerations

    This analysis does not consider other potential influences such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. Such factors could have an impact on the KPW exchange rate, causing larger fluctuations. It appears that these influences may be minimal or well balanced given the stability of the exchange rate over time. Please note this analysis does not generate any forecast for future rates.

Summary of Yesterday

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Statistical Measures

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    1. Understanding the overall trend of the exchange rates

    Based on the data provided, the exchange rate of KPW has remained consistent at 0.0015 throughout the entire time period given. Consequently, there is no discernible increasing or decreasing trend in the data. This could be due to lack of volatility in the market or stabilization policies of financial institutions.

    2. Identifying any seasonality or recurring patterns

    Given the available data, there are no identifiable patterns or seasonal trends present. The exchange rate remains constant over different times of the day and does not seem to display a dependency on any timeframe. This observation may suggest that the exchange rate does not heavily rely on cyclical or recurrent phenomena with the data provided.

    3. Noting any outliers

    Regarding outliers in this dataset, there are none. The constant exchange rate at 0.0015 across all timestamps indicates that there are no significant fluctuations that deviate from the norm. This again might denote a stable market environment where the rate is well-regulated or has low volatility.

    It's important to note that this analysis does not take into account potential external factors such as economic news, market conditions or other financial indicators that could impact the exchange rate, as these factors are not provided within the data and were requested not to be considered.

    Disclaimer

    While this analysis provides an assessment of the given dataset, it is always crucial to take into account additional factors influencing exchange rates, which can greatly differ due to an array of potential economic and political circumstances. Despite this, the given static nature of this particular dataset could suggest an unvarying currency valuation during this specific time period.