2024-05-14 Armenian Dram News
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2024-05-13
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
Overall Trend of Exchange Rates
From the raw data provided, it appears that the exchange rate has generally remained stable over the period shown. This is indicated by the stability of the values, which hovered around 0.00352 to 0.00353. There are no clear increases or decreases, as the exchange rate oscillates in a narrow band, suggesting that the rate is relatively stable.
Seasonality or Recurring Patterns
In terms of seasonality or recurring patterns, without further analytical tools, it's difficult to spot any from the raw data specifically. However, it can be noted that minor fluctuations between 0.00352 and 0.00353 seem to occur over certain intervals. It's feasible that during those periods, certain market forces or external factors could be influencing the rate slightly, leading to these minor excursions from time to time.
Outliers Noted
Throughout the data provided, no severe outliers or instances where the exchange rate differs significantly from the trend are observed. The rate seems to stick closely to the 0.00352 to 0.00353 range, without displaying drastic swings or variations that would be indicative of outlier behavior.
Conclusion
Overall, the exchange rate data provided shows a relatively stable trend over the period, oscillating within a narrow band. This might indicate a stable market during this timeframe or tightly controlled exchange rate policies. Nevertheless, without additional data or context, these inferences are subject to change.
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