2024-04-18 Algerian Dinar News
2024-04-17
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend Analysis
Upon looking at the data, the exchange rates (DZD) have shown minimal fluctuations between 0.01020 and 0.01026 over the time period reflected in the dataset. There doesn’t appear to be a clear increasing or decreasing trend in the data. Instead, the exchange rate seems quite stable with minimal fluctuations, reinforcing the stable trend throughout the period.
Seasonality and Recurring Patterns
Given the data provided, it is challenging to identify a clear seasonality or recurring pattern over the selected time frame. The exchange rate values seem to oscillate within a narrow margin consistently. Note that to better assess seasonality, a dataset encompassing a longer time frame, typically covering at least one full year, would be more beneficial.
Identification of Outliers
No significant outliers have been detected in this dataset. There are no instances where the exchange rate deviates at a high magnitude from the usual range of 0.01020 to 0.01026. All values seem to stay within this range, signifying a lack of potential outliers in the reported data.
Note
- It's worth noting that the provided data is quite stable over the time frame given, with minor fluctuation. This informs us that during this period, the DZD exchange rate did not face any significant volatility.
- While providing analysis in a short span, identifying trends, seasonality, and outliers become quite challenging as it requires more geographical, economical, and longer time frame data.
- This analysis strictly adheres to the dataset provided and does not consider external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports.