2024-05-06 Afghani News
2024-05-05
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
Looking at the data provided, the exchange rates have shown relatively tiny fluctuations over the reported period, but there is definitely a dynamic trend. The AFN exchange rates initially start from approximately 0.01903 and decrease slightly to 0.01901 over a course of a few days. Then they increase slightly to 0.01905, and then again slowly decrease to 0.01899. However, we see some rise to around 0.01932 and a subsequent decrease to 0.01884. Worth calling out that the rates have been oscillating around the initial point of 0.01903, evident by a return to almost this very point at 0.01902.
Seasonality or Recurring Patterns
Upon analyzing the data, it is challenging to accurately determine a distinct seasonality or recurring pattern in the changes of exchange rates based on the given information. The data does not show any consistent cyclical patterns within definite intervals. It displays some degree of randomness, with rates rising and falling unpredictably at different points. Therefore, it would be safe to presume that the rates are likely influenced by multiple external factors and market forces, though these factors are not considered in this analysis.
Outliers in The Exchange Rates
The smallest value in the dataset is 0.01884 and the largest value is 0.01932 which indicates a general range of the data. These extreme values do not appear to be outliers, as there is no value deviating significantly from the trend. Hence, outliers detection does not yield any obvious results in this case.