2024-04-29 Belarussian Ruble News
2024-04-28
Summary of Last Week
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Analysis 1: Understanding the Overall Trend of Exchange Rates
Upon examination of the BYR exchange rate data, the data remains constant throughout the dataset, at a rate of 7.0E-5. This remains unchanged throughout the entire dataset, eliminating the need for trend analysis as the rate does not fluctuate within the given data points. Thus, there is no increasing or decreasing trend evident within the given dataset.
Analysis 2: Seasonality and Recurring Patterns
Given that the exchange rate remains constant throughout the time series data provided, we do not observe any seasonality or recurring patterns. Since the rate stays consistent at 7.0E-5, no cyclic, seasonal, or repetitive patterns emerge from this particular dataset.
Analysis 3: Outliers
With the consistent exchange rate of 7.0E-5 throughout the dataset, no outliers can be observed. An outlier would typically be identified as a significant change or deviation from observed pattern or path. However, with a unchanging rate, there exists no deviation or variation from the trend, thus no outliers can be identified.
Note: In a typical exchange rate analysis, it would be beneficial to consider factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. However, as instructed, these factors were not considered in this analysis and the exchange rate was not forecasted.