2024-05-17 Aruban Florin News
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2024-05-16
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. Overall Trend
Looking at the data, we note that there is a general upward trend in the value of the AWG exchange rate during the given time period. The rate starts at 0.75488 and ultimately ends at 0.75592. While there were some fluctuations throughout this period, the general trajectory was upward. We can confirm this by looking at the various periods where the rate increased slightly, despite fluctuations in-between.
2. Seasonality and Recurring Patterns
With regards to the identification of patterns and seasonality, it's observed that the AWG exchange rate tends to show a slight increase in value at every next interval. While this pattern does not hold true for all points of data, the majority do comply with this observation. Despite such mild regularity, we, however, can't conclusively state it as a recurring pattern or seasonality because this behavior might be affected by real-world situations and market conditions that aren't accounted for in the current data set.
3. Outliers
In the given dataset, there are no significant outliers that differ drastically from the other values. While slight deviations in the AWG exchange value can be observed, these are completely normal given the nature of foreign exchange markets where rates can fluctify due to numerous global factors.
![WG Exchange Rate Shows Significant Fluctuations Amid Market Uncertainty"
As the economic climate continues to evolve, market participants have been paying closer attention to the Aruban guilder](http://currencymart.net/images/news/aruban-florin/2024-05-17/img-vH9fwQWmAUwIOHHFjGFeKLC6.webp)