Summary of Last Week
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
Overall Trend of Exchange Rates
Firstly, a glance at the provided data series indicates a general fluctuating trend over the period shown. The RON exchange rates do not show a clear directional trend (i.e., consistently increasing or decreasing). Instead, they appear to fluctuate within a narrow range. This implies a fairly stable market for the currency during the period, with rates remaining relatively unchanged.
Seasonality and Recurring Patterns
For the second goal, finding out any seasonality or recurring patterns requires in-depth analysis. However, on the face of it, the data does not present any apparent regular patterns. This lack of seasonality indicates that the RON exchange rate may not be strongly affected by cyclical influences, such as the time of day, the day of the week, or the month of the year. Nevertheless, further statistical analysis would be necessary to formally test for and rule out any seasonality.
Identification of Outliers
Thirdly, identifying outliers in such lengthy time-series data requires thorough statistical testing. Still, in the mundane scanning of this dataset, no significant, abrupt deviations are noticeable. The values are seemly organised within a reasonably tight range, with no visible instances where the exchange rate dramatically jumps or falls. Nevertheless, a full outlier analysis using appropriate statistical techniques would accurately detect any anomalous values.
In conclusion, looking at the provided RON exchange rate data displays a relatively stable and non-seasonal market during the given period. However, this should be considered a preliminary analysis: for a more comprehensive and accurate understanding of this data, a more in-depth, rigorous statistical analysis would be necessary.