2024-04-19 Afghani News
2024-04-18
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
The overall trend of the AFN exchange rate over the given timeframe appears to be relatively stable. There are small fluctuations in the rate throughout the period, but these changes are minimal and the rate largely hovers around the 0.0191 - 0.0192 range. This indicates that the exchange rate for this currency was relatively stable for this specific period, with no significant upward or downward trends observed in the data.
Seasonality or Recurring Patterns
Upon analysis of the provided time series data, there doesn't appear to be a clear seasonal or recurring pattern within the given timeframe. The fluctuations in the exchange rate do not seem to follow a predictable or repeating pattern that would indicate a seasonal influence or recurring trend. This could suggest that the AFN exchange rate is influenced more by other factors, such as economic events or market activity, as opposed to seasonal effects within this examined timeframe.
Noting Any Outliers
There are no significant outliers observed in the analysed dataset. All the AFN exchange rates seem to be within a close range, and no data points drastically deviate from the average. As such, all values fall within a normal and expected range, with the AFN exchange rate predominantly fluctuating between 0.0191 and 0.0192. This suggests a stable and consistent performance of this currency exchange rate within this examined period.
To summarize, the AFN exchange rate over the period remained relatively stable without any significant increases or decreases. Additionally, no clear seasonality or recurring patterns were detected in the data. All the exchange rates were observed to be within a normal range, with no significant outliers. It is important, however, to consider external market events or trends that may have been present during this period, as these could potentially impact the exchange rate.