2024-05-20 Afghani News
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2024-05-19
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
Data Analysis Overview
The provided dataset spans from 19-Apr-2024 to 17-May-2024, i.e. a period of approximately one month. It shows time-series exchange rates data which was collected at various timestamps. For clarity, the analysis is divided into three key objectives: uncovering the overall trend, identifying seasonality or recurring patterns, and noting any significant outliers.
1. Overall Trend
The exchange rate starts from 0.01905 and ends at 0.01916 over the period of approximately one month. One can observe a slight increase in the exchange rate. However, the rate has many oscillations throughout the observed period with a slight tendency to drop in the middle of the period, but then rise back up towards the end. Therefore, the overall trend can be described as relatively stable with a very slight upward tendency.
2. Seasonality or Recurring Patterns
Identifying seasonality in such a short period can be quite challenging. However, some tentative patterns seem to emerge. The rate seems to experience upwards and downwards oscillations quite regularly within short time intervals. Additionally, there are slight hints suggesting that the rate tends to slightly decline in the middle of the week and then rise back up towards the week end. More data over a longer timeframe would be required to confirm these suspected patterns.
3. Outliers and Significant Points
The highest recorded rate over the period is 0.01935, while the lowest is 0.01884. Most of the exchange rates fluctuate around the 0.019 mark, hence, both values could be potentially considered as outliers in this context. Noteworthy is that the highest point was achieved on 07-May-2024, while the lowest was recorded on 03-May-2024, suggesting significant rate changes within a very short time.
It’s important to keep in mind that these observations are made based purely on the provided historical exchange rates data. Other important factors like market opening/closing hours, weekends/holidays or the release of financial news and reports were not considered in this analysis as per the instructions.
![AFN Exchange Rates Show Steady Fluctuation Over Two Week Period](http://currencymart.net/images/news/afghani/2024-05-20/img-mfgkx7IdbKIdeSSS1ggjbH4e.webp)