2024-05-15 Australian Dollar News
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2024-05-14
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 of the Exchange Rates
After examining the provided dataset, it is observed that the recorded AUD exchange rates exhibit a general increase over the time period outlined. The initial value, at midnight on 2024-05-14, starts at 0.90276. Over time, the rate rises to its final rate of 0.90631 by the end of the same day. However, the growth is not consistently straightforward, with several periods of minor decrease and slight fluctuations throughout the given period.
2. Seasonality or Recurring Patterns
Taking into account the nature of the provided dataset, which spans over a single day, identifying any definite long-term seasonal trends or cyclical patterns is not feasible. However, short term fluctuations could be seen. For instance, multiple minor increases and decreases are detectable throughout the day which might be linked with regular market factors such as supply and demand being affected by the trading hours of global markets and not inherently due to seasonal factors.
3. Outliers and Unexpected Instances
In the provided timeframe, the data does not suggest any significant outliers or values that drastically differ from the general trend. Most fluctuations in the exchange rate seem modest or relatively moderate. It's important to remember that without considering external factors like financial news, geopolitical events, or sudden economic shifts, any potential reasons for these minor anomalies within this 24-hour period cannot be comprehensively analyzed.
Overall, the AUD exchange rates in the provided dataset suggest a slight upward movement within the day but include several minor fluctuations. Please note that this analysis only focused on internal data trends and ignored any external influences, which are typically critical in financial market movements.
![AUD Exchange Rate Exhibits Sharp Rise in Steady Ascend](http://currencymart.net/images/news/australian-dollar/2024-05-15/img-H3f3rwpZzvd9ED4KtR8cWoc1.webp)