2024-04-17 Bahraini Dinar News
2024-04-16
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Understanding the overall trend of the exchange rates over the period shown
Based on manual analysis of data provided, the exchange rates appear to have minor fluctuations. The rates appear to move up and down within a relatively tight range, i.e., they don't increase or decrease dramatically over this timeframe. This could suggest that currency is relatively stable for this period.
Identifying any seasonality or recurring patterns in the exchange rates.
With respect to the seasonality, it's hard to conclude any firm pattern based purely on this data. There're no clear and consistent peaks or troughs that could indicate a regular, repeating pattern in the data at this point. However, further in-depth analysis and visualisation might help in generating more precise insights regarding this.
Noting any outliers or instances where the exchange rate differs significantly.
Upon inspection, there does not seem to be any dramatic outliers in this dataset where the exchange rate differs significantly from the trend. Majority of data points are interspersed within a certain range. The exchange rate seems to stay stable for this duration without any major surprising leaps or drops.
Note: The above interpretations are purely made based on data values and do not incorporate or imply effects of external factors such as economic, geopolitical events, or market-related influences. This analysis is purely descriptive and doesn't forecast any future rates.
