2024-05-22 Baht News
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2024-05-21
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 of Exchange Rates
The overall trend of the exchange rates over the period shown appears to be relatively stable. Most of the exchange rates are in the range of 0.03746 THB - 0.03767 THB. There are minor fluctuations evident in the data, but from a macro perspective, drastic increases, or decreases are not observed.
Seasonality and Recurring Patterns
In this particular dataset, there does not appear to be a clear seasonality or recurring pattern in the changes of the exchange rates. The rates fluctuate mildly around the mean but do not show a consistent directional movement (upward or downward) or recurring behavior with specific timing.
Identification of Outliers
From an initial glance at the data, the outliers in this dataset would be the values that deviate significantly from the mean value. For example, as the majority of the readings are in the range of 0.03746 THB - 0.03767 THB. Therefore, if there are any figures materially above 0.03767 or below 0.03746, they can potentially be regarded as outliers. The existence of these outliers would be based on the calculation of statistical parameters like standard deviation and variance.
Important Note
It's important to note that the above analysis is based purely on the numerical data provided. Real-world factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports, can often influence the exchange rate significantly. Therefore, comprehensive time-series analysis using more advanced statistical methods, and considering all potential influencing factors, would provide a more accurate and in-depth understanding of this dataset.
![Surprising Stability in THB Exchange Rates Amid Global Uncertainties](http://currencymart.net/images/news/baht/2024-05-22/img-kzEWOx82lENIk2zxtPWsJ1AW.webp)