AFN Exchange Rate Demonstrates Minor Fluctuations over Intense 24hour Cycle
2024-03-12
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
General Overview of Exchange Rate Trend
Upon analyzing your dataset, it was observed that the exchange rates over the given timeframe display a generally stable behavior with minor fluctuations. The values mainly hover around the 0.018 - 0.019 range. There didn't seem to be a definite increasing or decreasing trend over the time period illustrated in the dataset.
Seasonality or Recurring Patterns in Exchange Rates
No clear seasonality or repetitive patterns in the changes of exchange rates were detected based on the data provided. The absence of a clear time-related pattern could be due to the many variables that influence exchange rates, including economic indicators, market sentiment, and geopolitical events, none of which were factored into this analysis.
Observation of Outliers or Unexpected Values
No extreme outliers or instances where the exchange rate significantly deviates from the general trend were identified in an initial review of the dataset. However, there are subtle fluctuations in the dataset displaying a typical behavior seen in exchange rates due to continuous changing global economic conditions affecting supply and demand.
Please note that this analysis has been conducted based solely on the data provided and does not account for external factors such as market opening/closing hours, weekends/holidays, release of key financial news and reports. Therefore, for a more comprehensive analysis, it might be beneficial to include these external factors.