2024-05-16 Belarussian Ruble News
2024-05-15
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Understanding the overall trend of the exchange rates
Upon reviewing the data, it's evident that the exchange rate provided (BYR) remains consistent throughout the entire period. It is always at 7.0E-5. As such, we can say with confidence that the exchange rate remains stable during this time range.
2. Identifying any seasonality or recurring patterns in the changes of exchange rates.
Given the stability of the exchange rate throughout this dataset, it's naturally impossible to identify any seasonality or recurring patterns. There are no fluctuations to analyze or patterns to detect as the rate is unchanging.
3. Noting any outliers, or instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality.
Similarly, our analysis reveals no outliers in the data. The exchange rate remains as stable as can be. This suggests that the market for this currency pair is either highly regulated or responding to very stable conditions during this time period.