2024-04-22 Afghani News
2024-04-21
Summary of Last Week
- 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
The overall trend of the exchange rates provided in this dataset seems relatively stable, as the rates fluctuate between 0.01867 and 0.01932. Nonetheless, there seems to be a slight downward trend prevailing towards the end of the data. However, the fluctuation within this range is quite minor, and there doesn't seem to be a definitive upward or downward trend extending for a long duration.
Identifying Seasonality or Recurring Patterns in the Changes of Exchange Rates
As for seasonality or recurring patterns, without further knowledge of external factors affecting the exchange rate, it is difficult to determine concrete seasonal patterns due to the sheer volatility and many influences on these rates. From the data, we do not observe a clear repetitive pattern like daily or weekly spikes or falls in the rates. However, there appear to be very slight fluctuations which could be indicative of intraday variations or effects of weekday trading.
Outliers in the Dataset
Regarding outliers, no particularly glaring instances are observed in the data. The rates seem to be varying within a quite close range, and no extreme jumps or drops are noticed. This could be an indication of a robust monetary policy or stable market conditions for the given data duration.
It should be noted that this analysis is based solely on the given dataset and does not take into consideration other external factors such as specific financial news, market conditions, or larger economic trends. Hence, any recommendations or conclusions drawn here are purely based on the dataset's historical figures.
It should also be pointed out that exchange rate forecasting is inherently uncertain and involves risk. Therefore, any interpretation or decision based on this analysis should be done with caution and considered supplementary to other forms of financial analysis and forecasting techniques.