2024-03-12 Afghani News
2024-04-23
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 of Exchange Rates
The exchange rate of AFN appreciates in this dataset, varying between 0.01898 to 0.01913 over the time period. The general trend, however, is quite stable, with only a few significant changes. Most times, the exchange rate fluctuates around 0.019.
Seasonality or Recurring Patterns
Regarding the recurring patterns or seasonality, no significant patterns could be identified from the provided data. The dataset appears to have random fluctuations of the AFN exchange rate, attributed to the nature of currency trading which is influenced by myriad geopolitical and economic factors. Generally, the rate mostly hovers around the 0.019 marks with slight variations.
Identifying Outliers
Analysis of the dataset shows that the majority of the exchange rates are centered around its mean, and we can't identify any obvious outlier just through observation. An outlier in this context would be a rate that deviates extensively from the average rate. Given the series' randomness, rates that might initially seem as possible outliers may simply be the effect of market forces at a particular timestamp. The dataset maintains relative consistency without any significantly large ups and downs.
Conclusion
In conclusion, while there are minor ups and downs in the given exchange rate, the overall trend in the dataset is relatively stable around 0.019, with a slight appreciation of the AFN. No clear recurring patterns could be identified in this analysis, and possible outliers would need further statistical analyses to confirm. As always, external factors such as geopolitical developments, changes in market sentiment, and macroeconomic indicators may influence exchange rate fluctuations.