2024-05-08 Armenian Dram News
2024-05-07
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
Looking at the data, it is evident that the exchange rate of AMD has been fairly stable over the entire period. The rate was initially constant at 0.00353, slightly increased to 0.00354 and then again remained constant. This suggests that there is not any significant trend towards increasing or decreasing rates.
2. Identifying Seasonality or Recurring Patterns
In terms of seasonality, this dataset does not appear to show any apparent seasonal or recurring patterns in its current state. As most of the exchange rates are stable and similar all through the timestamp, it is difficult to determine a pattern based on the available data.
3. Noting any Outliers or Significant Instances
No outliers are spotted directly from the dataset. The values of the exchange rate are consistent over the period and there were no instances where the exchange rate significantly varied from the consistent rates of 0.00353 or 0.00354. Hence, one can conclude that during this period, the exchange rates were stable and have not witnessed any unusual fluctuations.