Zimbabwe Dollar Forecast

Not for Invesment, Informational Purposes Only

Summary of Yesterday

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  • 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

From the data provided, the overall trend of the exchange rate appears to be generally stable over the time frame given. The zwl exchange rate mostly remained at a level of 0.00424 to 0.00426. This means that there was no significant upward or downward movement in the rate. Rather, it stayed relatively constant.

Seasonality or Recurring Patterns

Due to the high level of stability in the rates over the time period shown, no discernible seasonality or recurring pattern can be identified from the dataset. The exchange rate stayed roughly the same throughout different times of the day, suggesting that the time of day did not significantly impact the exchange rate in this period.

Outliers

Occasionally there were slight deviations from the consistent level of 0.00424 to 0.00426, but these instances were rare and the rate quickly reverted back to this level. These slight fluctuations can be considered as outliers within the time frame given, as they deviate from the general trend observed. However, these outliers did not significantly impact the overall trend of the exchange rate remaining stable.

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

From the data set provided, the general trend in the exchange rate (ZWL) is that it remained steady over most of the period, at a rate of approximately 0.00424. There were subtle increases to 0.00425 and finally to 0.00426. These changes are minimal indicating a general stability in the currency exchange rates during this period.

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

No obvious seasonality or recurring patterns can be discerned from the dataset provided. The exchange rate stays generally constant throughout all the timestamps. However, due to the increase in rate from 0.00424 to 0.00425 that occurs more than once, it might suggest a slight recurrent pattern, although this is not very significant and requires additional data to confirm.

Noting any outliers or instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality

No significant outliers can be identified in this dataset. The changes in the exchange rate are quite subtle and there are no instances where the exchange rate differs significantly from the general trend. Therefore, from the data provided, the exchange rate shows a steady value with negligible increases over different timestamps.

It is also important to note that while this analysis provides a numerical understanding of the exchange rates over the period provided, it does not consider the potential impacts of external socio-economic or political events. These factors often have a significant influence on currency exchange rates, and thus, for a deeper and more comprehensive understanding of the cause of these fluctuations, these factors should also be considered.

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 analyzing the given dataset, it is observed that overall the exchange rates of ZWL have remained relatively stable. The exchange rate started at 0.00425 and ended at 0.00424 remaining around this range throughout the entire dataset. There wasn't any strong upward or downward trend in the exchange rates throughout this period.

Seasonality or Recurring Patterns

In terms of seasonality or recurring patterns, the data does not exhibit any clear sign of that within the given timestamps. The fluctuations in the exchange rate are minor and don't seem to follow a specific pattern. The rates remain within the same range throughout the whole dataset. However, to ensure proper seasonality or recurring patterns, longer data range would be required.

Outliers

Regarding outliers or instances where the exchange rate differs significantly from the usual trend, none were spotted in this dataset. All exchange rates lie within a narrow range of 0.00424 to 0.00426, and no extreme or unexpected values were observed.

Given that the analysis does not factor in external market events or news, the trends and observations are solely based on the given data. To truly capture the forex market's dynamics, these external factors would typically need to be integrated into a deeper analysis.

Summary of Last Month

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  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Overall Trend

From the data provided, the exchange rates (ZWL) appear to remain fairly stable throughout the time period. There are only slight fluctuations in the rate, with a minimum of 0.00425 and a maximum of 0.00427. This might indicate that the currency is either highly regulated or relatively stable during this period.

Seasonality and Recurring Patterns

Given the limited range of the exchange rates and the relatively short duration of the data, it is challenging to identify any pronounced seasonality or recurring patterns from this dataset alone. The data shows some moments where the exchange rate reaches its peak of 0.00427 and shortly after reverts to its usual rate around 0.00426. However, these events are not consistent enough to form a recognizable pattern. Further data or additional context might be necessary to draw more precise conclusions on seasonality.

Significant Outliers

As with seasonality, the discretion of outliers is slightly challenging given the stability and consistency in the data; the range of exchange rates is extremely narrow. That said, the occasions where the exchange rate has reached its maximum (0.00427) might be considered as mild outliers considering the predominant rate appears to be 0.00426. Again, additional context or information might be necessary to determine why these exceptions have occurred.

Conclusion

In conclusion, the exchange rate with respect to the ZWL has shown impressive stability over this period with minimal fluctuation. Despite minor instances where the rate registered slightly higher, these deviations were not pronounced enough to derail the overall consistency observed in this dataset.

Summary of Last Week

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

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

1. Understanding the overall trend of the exchange rates:

After aggregating every timestamp in the data, the overall trend of the ZWL (Zimbabwean Dollar) exchange rate from the given period appears to be relatively stable at first glance. There aren't significant increases or decreases but tiny fluctuations around value 0.00422. The rate starts with 0.00421 and finishes with 0.00427, which isn't a remarkable change.

2. Identifying seasonality or recurring patterns:

Given the timestamp data does not span over a large period (e.g., multiple years), it is challenging to identify any solid seasonal patterns. Nonetheless, over the given period, the exchange rate does not exhibit any noticeable cyclical or repetitive patterns. The rate fluctuates very slightly around a common value and does not show clear periods of rising and falling. However, further data would be required to identify any deeper patterns, such as weekly or monthly trends.

3. Noting outliers:

From the raw data provided, no significant outliers were identified; data points where the ZWL exchange rate appears to differ significantly from the overall trend. The rate remains within a very close range around 0.00422 for the entire period. There are slight increases and decreases sporadically, but none of these is large enough to be considered an outlier, as they don't differ significantly from the trend.

In summary, the ZWL exchange rate for the period represented in the data appears to be relatively stable, with no significant increases, decreases, or outliers. Further data or additional information may yield more complex trends or patterns. Please note that this analysis involves simple observation of the figures provided and does not utilize advanced statistical analysis techniques, which might draw out finer details in the data.

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 Exchange Rates

The dataset provided shows slight variations in the exchange rate for ZWL within the given timeframe. The data indicates a relatively stable trend, with the exchange rates on average mostly hovering around the 0.00427 to 0.00429 mark. There are minor fluctuations, but the lack of consistency in their occurrence suggests there's no strong upward or downward trend across the dataset. Instead, the rates seem to oscillate in a narrow range during the period noted.

Seasonality or Recurring Patterns

Time-series financial data like this often exhibits patterns or 'seasonality' at regular intervals - daily, weekly, monthly, etc. However, in this specific dataset, there is less evidence of clear and strong seasonality. To identify patterns, one would typically look for consistent peaks or troughs at fixed regular intervals, but the given dataset doesn’t seem to significantly fluctuate from its average rate at any consistent frequency. Hence, based on this data alone, it is difficult to discern any discernible patterns or seasonality.

Notable Outliers

The dataset provided doesn't seem to contain any significant outliers. Most values are in the 0.00427 to 0.00429 range which shows not much deviation around the mean. An outlier in this case would be an exchange rate that deviates significantly from this range. As there are no such instances in this dataset, one might conclude there are no significant outliers in this dataset. It should be noted that the absence of outliers indicates that the data is quite consolidated around this range of exchange rate value.

External Factors

Although you specified that we should not consider external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports in this analysis, it's worth noting that such factors could potentially have an impact on a more detailed analysis. Time-series datasets like these, especially related to exchange rates, can often be influenced by these external factors which may lead to unexpected fluctuations in the rates. While no clear patterns based on such factors are discernible in this data sample, more extensive data might reveal their impact.

Summary of Yesterday

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

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Analysis of ZWL Exchange Rate Time Series Data

From the dataset provided, various characteristics and trends about the ZWL exchange rate can be observed. The dataset provides a timestamp and the corresponding ZWL exchange rate at that point.

Overall Trend of the Exchange Rate

The ZWL exchange rate in the data provided shows little variation over the given time series. The majority of the values oscillate around 0.00428 with a small number of periods where the value drops to 0.00427, and lowest to 0.00426. No clear pattern of ascending or descending exchange rates can be identified over the period. Rather, the exchange rates appear to be relatively stable.

Recurring Patterns and Seasonality

Due to the stable nature of the ZWL exchange rates shown in the data, there are no immediately apparent recurring patterns or seasonality. The exchange rate does not show significant changes that could point to systemic patterns or trends at specific times within the dataset. Furthermore, the rates do not show any significant intraday variability that would indicate trading session-specific patterns.

Outliers and Unexpected Variations

The ZWL exchange rates presented maintain remarkable consistency throughout the provided timestamps. As a result, very few instances can be identified where the exchange rate differs significantly from the overall trend. The few occasions where slight variation can be observed do not represent meaningful outliers given the relatively small magnitude of these changes. Moreover, the rate variation appears to be more random than patterned, suggesting natural market fluctuation rather than specific occurring events.

In summary, the time series data of ZWL exchange rates for the duration given shows a status of relative stability with few meaningful outliers or variations. The data shows no clear signs of either an ascending or descending trend, and present no recurrent patterns or explicit seasonality.

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