2024-04-17 Algerian Dinar News
2024-04-16
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Reviewing your data, it seems to span from the timestamp of "2024-04-16 00:00:02" to "2024-04-16 23:55:03". Within this one-day period, the exchange rate of DZD (Algerian Dinar) doesn't seem to have significant fluctuations and largely remains stable. The data analysis results are broken down into several parts, namely:1. Overall Trend Analysis
The overall trend of the DZD exchange rate throughout the day appears to be fairly stable. The data initially shows a constant exchange rate of 0.01023 from "2024-04-16 00:00:02" until "2024-04-16 01:10:02" and shows minor fluctuations but not very significant throughout the day. The rate increased slightly to 0.01024 after "2024-04-16 01:10:02" and remained mostly stable for the remaining period.
2. Seasonality and Recurrence Patterns
Given that the data supplied covers a single day only, it is not possible to infer much about seasonality or other long-term recurring patterns from this dataset alone. For trends such as these to be identified, data covering longer periods, for example, over one year or several years, would be preferable.
3. Outliers and Unexpected Fluctuations
From the given data, no significant outliers or unexpected fluctuations are discernible. The exchange rate values seem to fall within a relatively narrow range from 0.01022 to 0.01027, thus indicating pretty stable rates throughout the day.
In conclusion, this single-day data shows that the DZD exchange rate remains fairly constant with minor fluctuations. The analysis suggests quite a stable currency exchange rate for this particular example. For a more comprehensive inference about its behavior, it would be more beneficial to examine data extended over a more extended period, including several months or years. This longer dataset would allow for better identification and understanding of trends, seasonality, periods of high volatility, and other patterns. Please note that factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports could potentially influence this, but they were not taken into account in this analysis as per your request.