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

Overview of the DZD Exchange Rate

From the data analysis, the exchange rate of DZD shows a slight fluctuation within a small range. The maximum recorded DZD exchange rate is 0.01021, while the minimum rate is 0.01015. The median rate is somewhere around 0.01018. The data doesn't indicate a clear increasing or decreasing pattern over time, suggesting a relatively stable exchange rate during the observed period.

Seasonality

The dataset does not exhibit clear seasonality or recurring patterns within the hourly data. The observations show minor variations without a consistent repeatable pattern. However, we might need more extensive data, covering multiple days or months, to delineate any potential daily or monthly patterns.

Outliers and Noteworthy Observations

While the change in the DZD exchange rate is relatively minimal, there are a few instances where there are consecutive observations of the same values, which results in periods of stability in the exchange rate. The deviation from these stable periods could be considered outliers. However, these fluctuations are insignificant and lie within the general behavior of the data.

Consideration of External Factors

As instructed, this analysis did not account for any specific external events like market opening/closing hours, weekends/holidays, or the release of key financial news and reports. This analysis purely focused on the number trends and patterns that are observable within the dataset. It is worth noting that incorporating such external factors may provide a more holistic understanding of the exchange rate behavior.

Future Forecast

The analysis did not include a forecast of future exchange rates following the instructions. That said, with existing data, predictive models could be implemented to provide an estimated trend of the DZD exchange rate. However, it's important to remember that exchange rates can be significantly impacted by external events, and any prediction will inherently contain uncertainty.

Conclusion

The DZD exchange rate demonstrates a stable behavior with minor fluctuations and no clear increasing or decreasing pattern. No significant outliers or seasonal effects are discerned. Future datasets covering a longer time frame or incorporating external factors may provide a more detailed understanding of the influences and behavior of the DZD exchange rates.