UAE Dirham Forecast

Summary of Last Week

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Statistical Measures

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Trend

Summary of Yesterday

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Statistical Measures

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Trend

Summary of Yesterday

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Statistical Measures

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Trend

Summary of Yesterday

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• Difference of Daily High & Low:

Statistical Measures

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Trend

Summary of Yesterday

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Statistical Measures

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Trend

Analysis of Exchange Rates

The data provided shows the exchange rates of AED at different time intervals on 15th January 2025. Here is a comprehensive analysis:

Understanding the Overall Trend

From an initial analysis of the provided data, it appears that the AED exchange rates over this specific date fluctuate around 0.3909, with slight rises and falls throughout the day. There is no consistent trend of either stark increase or decrease in the rates. They seem to moderately zigzag around the average rate, pointing towards a relatively stable exchange rate for this specific day.

Identifying Seasonality or Recurring Patterns

Given the limited data of just one day, it's challenging to effectively identify any clear seasonality or recurring patterns. Assuming the data is representative of typical performance, occasional minor fluctuations throughout the day can be observed, which can be due to regular market behavior and trading. However, for a clearer understanding of any seasonal patterns, rates across different days, months or even years would need to be analyzed.

Noting Any Outliers

Within the provided data, there appears to be very minimal deviation from the average rate, indicating no significant outliers on this particular day. The highest observed rate is 0.39108 and the lowest is 0.39043. These values do not diverge significantly from the average, indicating a normal trading day without any extreme anomalies or unexpected exchange rate behaviors.

Summary of Yesterday

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

Statistical Measures

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• Standard Deviation:

Trend

Summary of Last Month

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Statistical Measures

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Trend