2024-05-14 Afghani News
2024-05-13
Summary of Last Month
- 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
Given the provided dataset, the overall trend of exchange rates (AFN) appears to be relatively stable. This is evident from the mostly slight variations in the rates across the multiple timestamps from May 13, 2024, without any distinct steady increase or decrease. This trend may indicate a stable financial environment during this period.
Identifying Seasonality or Recurring Patterns
From the initial analysis, there does not appear to be any clear seasonality or recurring pattern in the exchange rates, at least not at a granularity of a few minutes. This suggests that the exchange rates may be more influenced by continuous financial transactions throughout the day than by recurring daily or hourly trends.
Noting Any Significant Outliers
As for outliers, the dataset shows a few instances where there is a slight but noticeable increase in the exchange rate - for example, around the 09:35:03 timestamp, where the rate increases from 0.01891 to 0.01899. However, these increases do not seem to deviate significantly from the general trend. These fluctuations might be caused by typical market volatility and do not necessarily signify any substantial instability or irregularity in the market.
Remember that rates are subject to various factors - such as changes in interest rates, inflation, and political instability, that could cause fluctuations in the rates. Therefore, while an outlier may seem like a deviation from the norm, it could also reflect the inherent unpredictability of the exchange rates due to these factors.
In Conclusion
Overall, while there are slight fluctuations in the exchange rate throughout the day, the general trend appears to be quite stable. There is no clear evidence of recurring patterns or significant outliers that would suggest instability or irregularity. However, as always with financial analysis, care should be taken with any conclusions drawn, and additional data and context might change the interpretation of these trends.
