2024-05-21 Afghani News
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2024-05-20
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
Overall Trend
The time-series data provided shows a significant degree of stability in the exchange rates over the course of the given day. For the majority of the data points, the value fluctuates between 0.01896 and 0.01933. However, deeper analysis reveals that there is a minute increase in exchange rate which peaks at 0.01933 from a starting point of 0.01899, indicating an overall upward trend throughout the day.
Seasonality and Recurring Pattern
At first glance, the dataset does not seem to indicate any desirable seasonality or recurring pattern in the changes of exchange rates. The exchange rates fluctuate in a narrow range, with minimal variations over time. The only noticeable recurring pattern is the consistency of the exchange rate over a particular hour. Essentially, the rate tends to remain the same within each hour, with changes occurring mainly on an hourly basis. Any other specific patterns or seasonal trends might require a larger dataset covering multiple days or weeks for surface detection.
Outliers Detection
Given the consistent nature of exchange rate over the duration of a day, there is no significant outlier in the dataset. All variations are within a reasonable and expected range. However, to identify and account for outliers (instances where the exchange rate differs significantly from the expected trend), further analysis with a larger and more diverse dataset would be necessary.
In conclusion, the dataset exhibit mild fluctuations in the AFN exchange rate over the span of a day with a minor upward trend and consistent hourly rates. There is no distinct seasonality and no significant outliers found within the parameters of this dataset.
![Steady Rise in AFN Exchange Rate Witnessed Through the Day](http://currencymart.net/images/news/afghani/2024-05-21/img-lv7KR0vYnX7IrgXpjahnni0K.webp)