2024-04-23 Aruban Florin News
2024-04-22
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 Analysis
First, let's look at the overall trend of the exchange rate data from the given time series data. The exchange rate starts from 0.76266 and concludes at 0.75997. From this, it is clear that there is a slight decline in the exchange rate in the given time period. However, it's important to note that this decrease is relatively minor and the rate has seen several fluctuations up and down during this period. Consequently, we cannot consider this trend as a substantial drop.
Recurring Patterns and Seasonality
As for seasonality and recurring patterns, these could typically be observed in daily or hourly cycles in such data. In the current dataset, due to the small amount of timestamps provided, discerning a noticeable or significant seasonal pattern is quite challenging. That being said, smaller fluctuations can be observed on a day-to-day basis. Therefore, further data collection and analysis with a more extensive dataset might reveal more defined patterns.
Outliers Identification
Outliers in this context would be instances where there's a substantial rise or drop in the exchange rate, varying significantly from the surrounding data points. A crucial moment in the dataset is the drop from 0.76213 (timestamp 2024-04-22 11:40:03) to 0.76092 (timestamp 2024-04-22 11:50:03). However, it's crucial to note that without knowledge of the potential external influences at these times, we wouldn't categorize these points as definitive outliers. They could be the result of external factors not included in this dataset.
Notes
We must take into consideration that this analysis is solely based on the given dataset and does not account for any other variables that might influence the exchange rate. Factors such as financial market conditions, significant global events, and shifts in economic policy could all have potential impacts on these rates, and these have not been taken into account in this analysis.