2024-04-16 Aruban Florin News
2024-04-15
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
1. Understanding the Overall Trend of the Exchange Rates
Based on the provided dataset, considering timestamps from 2024-04-15 00:00:02 to 2024-04-15 23:55:02, the exchange rate has seen minor fluctuations. The lowest reported exchange rate being 0.76241 and the highest being 0.76635. The exchange rate starts at 0.76415 and ends at 0.76558, showing a minor upward trend over this duration. However, the change is minimal, and the exchange rate remains largely stable with minor fluctuations throughout the day.
2. Identifying Seasonality or Recurring Patterns in Exchange Rates Changes
Considering the provided data, it's tough to identify clear seasonality or recurring patterns within one day of transaction data. Seasonality typically exists over longer periods, like monthly or yearly cycles. With this limited data, no significant seasonality or recurring pattern is identifiable.
3. Noting Any Outliers
In the provided dataset, the largest single period change occurred between the timestamps 2024-04-15 20:15:02 and 2024-04-15 20:20:03 where the exchange rate increased from 0.76546 to 0.76591. Conversely, the most significant single-period drop happened between 2024-04-15 08:00:02 and 2024-04-15 08:05:03, where the rate decreased from 0.76318 to 0.76275. These drastic changes can be considered as outliers in the context of this particular dataset because they represent an unusually significant change within a short time period.
It is critical to note that these outliers are considered as such only within the given dataset, and may not classify as outliers when viewed in a larger dataset or over a longer time frame, considering the volatility often associated with exchange rates.