Marginal Fluctuation Observed in THB Exchange Rate Throughout the Day
2024-05-13
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
Overall trend of the exchange rates
From the time-series data provided, it appears that the overall trend of the THB exchange rate over this period is relatively stable. It is observed that the rate fluctuates between a minimum of around 0.03712 and a maximum of about 0.03724. There doesn't appear to be significant increasing or decreasing trend over the timespan.
Seasonality or recurring patterns in the changes
Given the time frame of one day only, it is challenging to identify clear seasonality or recurring patterns. However, we could notice a very slight increase in the exchange rate towards the end of the day. To gain more concrete insights into the seasonality or recurring patterns of the THB exchange rate, longer periods, possibly spanning days, weeks, or months, would be necessary.
Detection of possible outliers
In this data set, there doesn't appear to be any significant outliers. The exchange rate mainly fluctuates within a minimal range, with no dramatic spikes or drops that would signify a major divergence from the expected trend. However, note that true outlier detection would typically require additional statistical analysis.
In conclusion, considering the limited time period covered by the data, it appears that the THB exchange rate remained relatively stable with only minor fluctuations. Future longer-term datasets, as well as taking into account external factors, may provide more nuanced and complex insights into the behavior of the THB exchange rate over time.
