2024-05-17 Bahraini Dinar News
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
Data Description
The dataset contains timestamped exchange rate data for BHD. Each timestamp represents a 5-minute interval, and there are 383 exchange rate data points in total from 2024-05-16 00:00:02 to 2024-05-16 23:55:01. The exchange rates vary from 3.60953 to 3.61798 within the observed period.
Overall Trends
By analyzing the dataset, it is noticed that although there are minor fluctuations, the exchange rate of BHD tends to slightly increase over time. The lowest rate 3.60953 occurred around 11:00, and the highest rate 3.61798 happened near 09:10. Without considering very detailed minute-to-minute changes, by and large, the data appears to move upward.
Seasonality or Recurring Patterns
Without accounting for external factors, we can notice some seasonality in the data. Some of the high and low peaks appear to follow a consistent cycle daily. For example, high peaks around the hours of 01:00, 06:45 and 19:20, and some low points around 11:00 and 22:30. However, the degree of seasonality within this given time span of one day is relatively weak and not clearly established yet.
Outliers Detection
With a closer look at the data, there are no significant outliers detected, or instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality. All the exchange rates seem to stay within a reasonable range, with no extreme values that stand out conspicuously from the others.
This is a fundamental analysis and only based on this given dataset. It may not account for all possible patterns and trends, for the data is quite limited with only one day's worth of exchange rate changes. More comprehensive and accurate conclusions might be obtained with a larger and rich dataset over a longer time horizon.