2024-05-10 Azerbaijanian Manat News
![Currency mart logo](../../../images/blog/currency-mart-logo.png)
2024-05-09
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend Analysis
Firstly, analyzing the overall trend of the given exchange rates. It seems that fluctuations occur quite frequently with no general trend towards increasing or decreasing over the entire period. In certain micro intervals, the rates show mild growth while in others they show mild depreciation. These fluctuations are generally minor suggesting relatively stable rates with minor deviations.
Seasonality and Recurring Patterns
Based on the provided time-stamped data, it is difficult to ascertain any definitive seasonality or recurring patterns. The format of the data and the high frequency of data points make it intricate to identify any daily or monthly patterns, without extensive statistical analysis.
Outliers Analysis
There are a few instances where the exchange rates experienced significant changes, these include times when the rates dropped to 0.78 and rose above 0.82. These instances can be seen as potential outliers compared to the standard range of the rest of the dataset. However, without additional information about possible external influences or financial events during these periods, it's hard to definitively label them as outliers.
![AZN Exchange Rate Witnessing Erratic Swings](http://currencymart.net/images/news/azerbaijanian-manat/2024-05-10/img-AAHllnq7ZZBwJXXaIvMms625.webp)