Slight Upward Trend for DZD Exchange Rates Throughout April 2024
2024-04-30
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 of the Exchange Rates
From the given time-series data, it appears that the exchange rate of DZD is subject to slight fluctuations within the time span of 2024-04-30. The rate seems to be fluctuating between 0.01016 and 0.01024. There doesn't appear to be a persistent increase or decrease in the exchange rates over this period. Therefore, we can infer that the exchange rate remained relatively stable within this timeframe.
Seasonality or Recurring Patterns
Gauging seasonality or recurring patterns in exchange rates requires long-term data - typically several years. However, the data provided only spans a single day. As such, it isn't feasible to identify any meaningful seasonality or recurring patterns over the long term. Nonetheless, considering the data at a microscopic level, within the day, there is no visible seasonality or recurring patterns as the fluctuations appear to be random.
Outliers in Exchange Rates
Outliers in exchange rate data are usually large jumps or falls that don't correspond to the usual patterns. With the given data, there don't appear to be any significant outliers. The variations in exchange rates are quite subtle and, at a glance, no aberrant value is observed which could be considered as an outlier.
Please note that this analysis only provides an overview based on the inferences drawn from the data points provided. For more accurate and comprehensive insights, I recommend using a larger dataset and utilizing advanced quantitative methods.