2024-04-18 Afghani News
2024-04-17
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
By analysing the given time-series data, we can see that the exchange rates of AFN fluctuated within the range of 0.0191 to 0.01925 over the depicted period. There isn't a clear increasing or decreasing trend, but the rate seems to be relatively stable over time. However, minor fluctuations can be observed at certain intervals.
Identifying any seasonality or recurring patterns
Without a more in-depth breakdown of data (hourly, daily, weekly, etc), it's challenging from the current data set to detect any seasonality or recurring patterns distinctly. At first glance, no clear pattern emerges upon reviewing the provided timeseries data. However, more granular data or a longer timeline might unveil daily or weekly patterns missed due to the brief and high-frequency nature of the present dataset.
Noting any outliers or instances differing significantly from the trend
No obvious outliers were detected in this dataset, and the deviations that do exist seem routine and within a reasonable range of the exchange rate's overall movements, given the provided subset of data. There were no instances where the exchange rate varied dramatically from the expectation based on the trend. All the fluctuations seem to follow an acceptable band, indicating that there was no unusual market occurrence or extreme scenario during this period. However, careful monitoring and further analysis involving additional data outside of this time interval would be required to detect any potential anomalies or outliers in a broader context.
Kindly note that this analysis is purely based on the dataset given, without consideration of external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports, which could influence exchange rates significantly. Furthermore, this report does not generate any forecasts for future rates. A more detailed understanding of these factors, complemented with knowledgeable financial interpretation, would enhance the depth and relevance of this analysis, aiding in the development of a more refined financial strategy.