2024-04-24 Algerian Dinar News
2024-04-23
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Understanding the Overall Trend of the Exchange Rates
From the initial evaluation of the dataset, the exchange rate appears to be relatively steady. It starts from 0.01017 and ends at 0.01016 suggesting that the DZD exchange rate remains essentially stable during the observed period. There seem to be minor fluctuations, moving from a minimum of 0.01015 to a maximum of 0.0102, indicating a fluctuation range of 0.00005. Hence, the overall change over the time period can be considered negligible as it tends to revert back to a similar range from where it started.
2. Identifying Seasonality or Recurring Patterns in Exchange Rates
Regarding the notion of seasonality or recurring patterns, this would typically require a more detailed examination of the data, potentially over a longer timeframe or with regards to specific timestamps (for example, examining the open and close of the market day). However, from the dataset provided, it may be challenging to accurately identify recurring patterns due to the relatively stable nature of the DZD exchange rates. Any minute variations that do occur do not seem to follow a definitive pattern that can be deemed as seasonal.
3. Identification of Outliers
In terms of outliers, the dataset appears to be mostly consistent with minimal variations. Given the small range of values (0.01015 to 0.0102), any significant deviations from these values could be considered as potential outliers. However, upon review of the dataset provided, no such instances appear to be present. The DZD exchange rate remains within the expected range throughout the observed period, indicating an absence of notable outliers within this dataset.
