2024-05-22 Belarussian Ruble 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 Analysis
Based on the provided data, it appears that the exchange rate of BYR has remained constant throughout the entire time period, with the rate being consistently at 7.0E-5. This suggests that there were no significant changes in the exchange rate, indicating a stable economic condition during this period.
Seasonality or Recurring Patterns
Since the exchange rate has remained constant at 7.0E-5 throughout, there doesn't seem to be any obvious recurring patterns or seasonality in the data. An examination of individual time intervals also does not indicate significant fluctuation or recurring patterns from one time period to another.
Outliers
Given that the rates have remained consistent throughout the provided timeseries, there are no observable outliers. This means that, for the duration of the dataset, there wasn't a single significant incidence where the exchange rate spiked or dropped, remaining far from the common value of 7.0E-5.
It must be noted that, while this analysis provides insight into the exchange rates stability based on this dataset, for a more accurate prediction it's usually beneficial to take into account external factors such as market opening/closing hours, weekends/holidays, as well as the release of key financial news and reports.
![Stability Reigns Supreme in BYR Exchange Market](http://currencymart.net/images/news/belarussian-ruble/2024-05-22/img-9ugQxV4b9sN4JAHxM5r54uX9.webp)