Unforeseen Flux in AUD Exchange Rates Marks Unsettled Market
2024-03-11
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
Based on the provided data, the overall trend of the exchange rate (AUD) fluctuates slightly throughout the dataset's timeframe. It starts at 0.89155 on 2024-03-11 00:00:02 and ends almost the same at 0.89132 on 2024-03-11 23:55:02. The changes between rates in different timestamps are minimal, indicating that the rates generally remain stable over the period shown. There are small fluctuations up and down, but no significant or consistent rise or fall is observed in this particular dataset.
2. Identifying Seasonality or Recurring Patterns
Also, according to the dataset, there doesn't seem to be a clear pattern of changes throughout the day. The exchange rate fluctuates slightly up and down at different times across the dataset. There doesn't appear to be a particular time where the exchange rate consistently increases or decreases, indicating a lack of seasonality or recurring patterns in the given data. There's not enough data to deduce a clear weekly, monthly, or yearly pattern.
3. Noting Any Outliers
Finally, concerning outliers or instances where the rate changed significantly from what would be expected based on the overall trend in this dataset, no distinct outliers can be identified. No cases were observed where the exchange rate differed significantly from the general pattern. The exchange rate, for the most part, appears to fluctuate slightly within a similar range, and no instances of extreme spike or drop were observed.
Please note, though, that a more robust statistical analysis might dig deeper into minute fluctuations or tie the analysis to certain events, but as per the instruction, external factors should not be considered for this particular analysis.