Tugrik Forecast

Not for Invesment, Informational Purposes Only

Summary of Yesterday

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

Statistical Measures

  • Mean:
  • Standard Deviation:
  • Trend

    Given the data provided and the specifications in the prompt, let's analyse the data and present an interpretation in HTML format:

    Understanding the Overall Trend of the Exchange Rates

    In the time period specified, there doesn’t appear to be any significant increase or decrease. The exchange rate of MNT seems to be very stable at 0.0004 for the entire period. There was no volatility observed as the rate remained the same throughout.

    Seasonality or Recurring Patterns

    Based on the given dataset, there doesn't seem to be any seasonality or recurring patterns. The exchange rate is consistently at 0.0004, without any fluctuations that could suggest a pattern or seasonality. Hence, no cycles or repetitive events can be deduced from this dataset.

    Outliers in the Data

    Given the exchange rate remains the same at 0.0004 throughout the dataset provided, there are no apparent outliers. For an observation to be an outlier, it would have to differ significantly from other observations. However, in this case, all observed rates are identical. Therefore, there are no outliers in this dataset.

    This analysis is solely based on the dataset provided and does not consider external market factors which could potentially influence the given data. Please note that this analysis does not include a forecast for future exchange rates as per your request.

Summary of Yesterday

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

Statistical Measures

  • Mean:
  • Standard Deviation:
  • Trend

    Data Summary

    Based on the time-series data provided, the MNT exchange rate remained constant at 0.0004 for the entire period. This indicates that, during the period, there was no fluctuation observed in the value of the MNT exchange rate.

    Trends

    The overarching trend in the data was the stability of the MNT exchange rate, as it consistently remained at 0.0004 throughout the dataset. This could be indicative of a stable economy or monetary policy that effectively maintained the value of the currency. However, without more data or context, it is difficult to definitively state the cause of this stability.

    Seasonality

    Given that the MNT exchange rate was steady at 0.0004 across the entire dataset, no clear sign of seasonality or cyclic behavior can be detected. In other words, the exchange rate did not systematically fluctuate or change in a predictable pattern that repeats over a day, week, month, or year.

    Outliers

    Since the exchange rate was consistently 0.0004, no extreme values or outliers have been found in the dataset. An outlier would typically be a rate that differed significantly from the majority of data points.

    In conclusion, the analysis has shown a stable MNT exchange rate throughout the data with no identifiable trends, patterns, or outliers. It is a fairly straightforward dataset where the MNT exchange rate remained constant for the entire period covered.

Summary of Yesterday

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

Statistical Measures

  • Mean:
  • Standard Deviation:
  • Trend

Summary of Last Month

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

Statistical Measures

  • Mean:
  • Standard Deviation:
  • Trend

    Analysis of MNT Exchange Rate Data

    The data provided are timestamped exchange rate values of MNT recorded consistently for February 26, 2024. Since all the exchange rates across the various times are consistently 0.0004, the analysis can be quite straightforward.

    1. Understanding the overall trend of the exchange rates

    With a consistent rate of 0.0004 throughout the span of twenty-four hours, there seems to be no trend in the data. The rates do not increase, decrease, or show any variations, indicating a constant value throughout.

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

    As stated earlier, there are no variations in the MNT exchange rates across the given timestamps. For this specific date, there seems to be no trace of seasonality or recurrence in the exchange rate pattern.

    3. Noting any outliers

    No outliers can be observed in this data set as the MNT exchange rate does not show any deviation from the constant value of 0.0004.

    Additional Observations

    An unusual aspect of this data might be its lack of volatility. Exchange rates typically fluctuate based on market conditions, even within a single day. The absence of any change whatsoever in these rates is atypical and might suggest a lack of market activity or possible errors in data collection or reporting. External factors can often have a significant impact on exchange rates, but this dataset does not indicate any such influences.

Summary of Last Week

  • 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

    Based on the data provided, the exchange rate of MNT appears to be relatively stable, hovering around the same value. There are some fluctuations observed, with occasional dips and rises, however, the overall trend does not exhibit any drastic upward or downward movements. The most common value appears to be approximately 0.00039 or 0.0004, which suggests a consistent rate over the examined period.

    Seasonality or Recurring Patterns

    As it pertains to clear and recurrent seasonality, the data does not provide strong evidence for any. The values appear to be randomly distributed, with no specific pattern repeated over the course of days or specific times. As a result, it's tricky to predict future rates based on a repeating pattern throughout the dataset.

    Outliers Identification

    The data provided does not display significant outliers, as the MNT exchange rate doesn't deviate drastically from the average rate of 0.00039 to 0.0004. Therefore, it's safe to say that there are no instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality.

    Additional Considerations

    Despite not being required for this analysis, for future reference or for a more detailed analysis, considering external factors such as market opening/closing hours, weekends/holidays, and the release of key financial news and reports can be beneficial for a comprehensive financial analysis. These factors often contribute to volatility in exchange rates and can provide valuable context to the data.

    Conclusion

    In conclusion, the MNT exchange rate appears to have been largely steady over the examined time frame, with no significant outliers or clear seasonal patterns being observed. This might suggest a stable financial environment during this period. As always, it's advisable to consider external factors for a more comprehensive view of the financial landscape.

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 Analysis

    From the provided data, we can ascertain that the exchange rate for MNT remained stable on the whole. The rate stayed at 0.0004 from 2024-02-19 01:00:02 until 2024-02-20 02:00:03. Subsequently, it decreased slightly to 0.00039 from 2024-02-20 03:00:02 till 2024-02-20 06:00:02. From 2024-02-20 09:00:04 onwards, it promptly bounced back to 0.0004 where it has stayed stable ever since.

    Seasonality or Recurring Patterns

    Given the short period of data, any claims relating to seasonality or recurring patterns may be statistically weak and may not be representative over a longer period. However, it was observed that a minor decrease in exchange rates occured around 03:00 to 06:00 on 2024-02-20. This could correspond to periods of low trading volumes where minor fluctuations can have a more pronounced effect on exchange rates.

    Outliers in the Data

    No noteworthy outliers were detected in the provided dataset. It should be noted that the data is very stable as the range of exchange rate varies only from 0.00039 to 0.0004, indicating minimal volatility. The temporary decrease in exchange rates from 2024-02-20 03:00:02 to 2024-02-20 06:00:02 could be considered a minor deviation but it aligns with a potential overnight dip in trading volumes, making it less of an outlier and more of a explainable dip.

    Note: The analysis provided does not consider external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. It does not generate any forecast for future 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

    Overall Trend Analysis

    Upon analyzing the provided dataset, it's evident that throughout the given time period, the exchange rate (MNT) has remained constant at 0.0004. There were no observed fluctuations, increases, or decreases in exchange rates at different timestamps.

    Seasonality and Recurring Patterns

    The data does not indicate any specific seasonality or recurring patterns in the changes of exchange rates. This conclusion is drawn from the observation that the rate has remained consistent throughout the given timestamps. As such, the data suggests a strong horizontal trend, indicating no consistent upward or downward directional changes over time.

    Outlier Identification

    With respect to the provided dataset, there doesn't appear to be any instances where the exchange rate deviates significantly from the prevalent rate. Considering the fact that the exchange rate is consistently 0.0004 in every instance, we can conclude there are no outliers within this dataset.

    It's important to note that these findings are based strictly on the provided data. Other potential influences, such as market opening and closing hours, weekends and holidays, key financial news and reports, and other external factors were not considered for this analysis.

    Additional Observations

    Given the constant exchange rate observed in this data set, we might infer that the currency may be pegged. Pegged currencies are typically fixed to another currency (like the US dollar or Euro) or a basket of currencies to maintain stability and predictability. However, this conclusion is purely speculative as further verification would be required.

    .

    Please, take into “account” that this analysis does not include forecast for future rates.