Summary of Yesterday
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
Initially, the BWP exchange rate starts at 0.09814 at the first timestamp, and gradually oscillates around the same approximate range. Towards the middle of the dataset, the value starts drastically decreasing down to 0.09756 before steadily increasing to peak at 0.0979. From there, it seems to decline slowly, ending the period at approximately 0.0978, showing a general overall decrease in the BWP exchange rate during the timeframe provided.
The exchange rates fluctuate frequently in this time series data, though there are no obvious seasonal trends observed in this dataset. The exchange rate oscillates within a small range for the most part, suggesting that the exchange rate is quite stable and only fluctuating within a few basis points. Repeatedly, the rate goes on a slightly increasing track, then followed by a mild decrease, implying there is certain repetitiveness in the BWP exchange rate's fluctuation. However, the absence of date-specific data for months or years prevents a precise determination of seasonality in these fluctuations.
Outliers in the Data
The major outlier is a significant dip in the exchange rate occurring at around the timestamp of "2024-02-23 06:20:02", where the exchange rate drops sharply from 0.09813 to 0.09764. This is a considerable drop compared with the other fluctuations in the dataset and stands out as an anomaly.
Based on the time series data provided, the exchange rate of BWP exhibits a slight overall decrease with minor fluctuations over the observed period. There was one significant outlier noted, but without any specific event marking or relevant external market factors accompanying the dataset, the causes of this drop remain unexplained. Furthermore, while there are patterns of oscillating increases and decreases in the rate, I could not make any definitive statements on seasonality due to the data's limitations.