Tanzanian Shilling Forecast

Summary of Yesterday

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Statistical Measures

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Trend

Analysis of the Dataset

Given the dataset, it appears that all observations for the TZS exchange rate are the same, with a consistency of 0.00053. Therefore, the following observations can be made:

Understanding the Overall Trend of Exchange Rates

Since all exchange rates are the same, we can say that there is stable trend of the exchange rates over the period shown. The exchange rate of TZS stays at 0.00053 consistently without any increase or decrease.

Identifying Seasonality or Recurring Patterns

As there is no variation in the exchange rates, there is no possibility of identifying a seasonality or recurring patterns in this dataset. All values remain constant at 0.00053.

Outliers and Significant Differences

Given the consistent value of exchange rate across all timestamps, we have no outliers in this dataset. There are no instances where the exchange rate differs from the constant rate of 0.00053.

In general, the consistency in the exchange rate suggests a very stable financial environment without any fluctuations or disturbances. However, normally we would anticipate some variability in response to business hours, macroeconomic events, and market dynamics, yet none of these seem to be affecting the TZS exchange rate according to this dataset.

Summary of Yesterday

• Opening:
• Closing:
• Difference of Opening & Closing:
• Daily High:
• Daily Low:
• Difference of Daily High & Low:

Statistical Measures

• Mean:
• Standard Deviation:

Trend

Overall Trend of the Exchange Rates

The data for the exchange rates (TZS) provided shows that there is a constant trend over the period observed. There's no increase nor decrease in the rates - the exchange rate remains stable at 0.00053 throughout all the timestamps.

Pattern and Seasonality in Exchange Rates

Given the provided data, there's no identifiable seasonality or recurring pattern in the exchange rates' behavior. The exchange rate for TZS is consistently 0.00053 across all times of the day for the entire observed period, with no fluctuations or cycles observed.

Outliers and Unexpected Fluctuations

With respect to the given data, there are no outliers or significant deviations observed. The exchange rate is uniformly 0.00053 without any spikes or drops. Hence, no aberrations from the normal trend are observed in this data set.

Note

This analysis is based exclusively on the provided data and does not consider external market factors such as opening/closing hours, weekends/holidays, financial news or reports, etc. It's also important to remember that the lack of variation in this data set may limit the interpretive value of this analysis.

Summary of Yesterday

• Opening:
• Closing:
• Difference of Opening & Closing:
• Daily High:
• Daily Low:
• Difference of Daily High & Low:

Statistical Measures

• Mean:
• Standard Deviation:

Trend

Overall Trend of the Exchange Rates

Upon examining the dataset, the exchange rate of TZS appears to remain constant at 0.00053 throughout all the timestamps. Therefore, there is no evident trend of increase or decrease in the exchange rates over the given period.

Seasonality and Recurring Patterns

Given the constancy of the exchange rate throughout the period captured by the dataset, there does not appear to be any seasonality or recurring patterns in the changes in the exchange rates.

Outliers In the Dataset

An outlier in this context would refer to a dramatic and unexpected fluctuation in the exchange rate. However, since the exchange rates provided remain at a constant figure, there are no visible outliers in this dataset.

Please note that this analysis is based exclusively on the data provided and does not take into consideration any external factors, such as market opening/closing hours, weekends or holidays, and the release of key financial news and reports.

Summary of Last Month

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Statistical Measures

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Trend

1. Analysis of the Overall Trend of the Exchange Rates

Throughout the entire dataset, the exchange rates remain stable at 0.00053. Not even a slight increase or decrease is observed over the period shown. This reveals the TZS (Tanzanian Shilling) has a steadiness over this period of time.
Therefore, the overall trend in the exchange rate data is flat.

2. Seasonality or Recurring Pattern

In terms of seasonality or recurring patterns, it is also hard for us to draw any conclusions since the exchange rate consistently stands at 0.00053. Normally, if the data had shown some variability, we might be able to identify patterns such as daily trends or weekly cycles.
With this dataset, however, there is no discernable pattern that arises from the information available.

3. Outliers in the Data

At the same point, because the TZS is constant in this dataset, it is impossible to identify outliers. An outlier would be a value that significantly deviates from other values in a set of data. As there is no such deviation in this data; thus the concept of outliers is not applicable in this dataset.

In general, this data sample is quite unusual for financial time series data in that it displays neither volatility nor trend throughout the period studied, suggesting a remarkably stable currency exchange condition.

Summary of Last Week

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Statistical Measures

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Trend

Sure, let's analyze it:

1. The Overall Trend of the TZS Exchange Rate

The overall trend of the TZS exchange rate from this data appears to be mostly stable. The rate consistently hovers around 0.00053, with a slight drop to 0.00052 around 2024-03-28 and then again around 2024-04-03. However, it goes back up and re-stabilizes at around 0.00053. This suggests that the TZS exchange rate does not see significant fluctuations in this given period.

2. Seasonality and Recurring Patterns

From the given time series data, it's difficult to identify any clear seasonal or recurrent patterns in the exchange rates. The data does not show noticeable daily, weekly, or monthly patterns. It is important to note that any potential seasonal or recurring patterns might require a more granular analysis over a more extended period.

3. Notable Outliers

In terms of outliers, there seems to be a minor increase to 0.00054 on 2024-04-15 at 22:00:02 and on 2024-04-17 at 02:00:02 and 04:00:02. However, these deviations are relatively small and not significantly different from the usual rate. Therefore, they should not impact the overall understanding of the exchange rate dynamics.

It's worth mentioning that while this analysis provides a comprehensive overview of the TZS exchange rate trend, the absence of external factor consideration limits its depth. Variables like market events, financial news, and macroeconomic indicators often have significant impacts on exchange rates.

Summary of Yesterday

• Opening:
• Closing:
• Difference of Opening & Closing:
• Daily High:
• Daily Low:
• Difference of Daily High & Low:

Statistical Measures

• Mean:
• Standard Deviation:

Trend

1. Understanding the overall trend of the exchange rates.

Looking at the given data, the overall trend of the TZS exchange rate remains consistent with occasional increases. The TZS exchange rate stays stable at 0.00053 for the majority of the period observed, then rises slightly to 0.00054 and then falls back again to 0.00053. It means there's not a particular existing uptrend or downtrend in the exchange rate over the period shown. The exchange rate tends to fluctuate slightly, perhaps due to market forces.

2. Identifying any seasonality or recurring patterns in the exchange rates.

Based on the data provided, there is little evidence to suggest significant seasonality or recurring patterns. The TZS exchange rate mostly remain stable at 0.00053 with some slight rises to 0.00054 then falls back again to 0.00053. This happens randomly and does not show the sign of seasonality or recurrent behavior. The changes in exchange rate seem to be rather sporadic than cyclical or seasonal, indicating that it might be affected by random events or fluctuations in the market.

3. Noting any outliers in the exchange rates.

There are no observed outliers in the dataset. Outliers, in this case, would be significant departures from the observed exchange rate of 0.00053 or 0.00054. The lack of outliers suggest that during the observed period, the market conditions remained relatively stable, and there weren't any sudden shocks or abnormal activities that caused drastic changes in the TZS exchange rate. All data values are pretty close to each others, suggesting that there were not significant deviations from the norm that would distort the overall analysis.

Note: Considering external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports may give more insight into the dynamics of the TZS exchange rate, but as the requested analysis doesn't consider these, only the straightforward interpretation of the raw data is provided.

Summary of Yesterday

• Opening:
• Closing:
• Difference of Opening & Closing:
• Daily High:
• Daily Low:
• Difference of Daily High & Low:

Statistical Measures

• Mean:
• Standard Deviation:

Trend

Understanding the overall trend of the exchange rates

Based on the given data, the exchange rate (TZS) remains constant at 0.00053 throughout the entire period. There is no noticeable increase, decrease, or variable fluctuation found between different timestamps on the same date or on different dates.

Identifying any seasonality or recurring patterns in the changes of exchange rates

Given that the exchange rate remains the same throughout the entire time span in the dataset, there is no discernible pattern or seasonality in the rate changes. There does not appear to be a specific time of day, day of the week or month where the rate differs.

Noting any outliers

From the given dataset, there are no outliers or instances where the exchange rate differs significantly. The exchange rate consistently remains at 0.00053 for all the provided timestamps without variance.

Additional Notes

According to the dataset, TZS has a stable exchange rate without any significant variations. However, other factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports usually have impact on exchange rates. Although it was mentioned not to consider these factors in this analysis, in broader sense these might influence exchange rates.