2024-04-16 Belize Dollar News
2024-04-15
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
Understanding the Overall Trend of the Exchange Rates
Upon analyzing the data, an overall upward trend in the BZD exchange rates can be observed from 0.68258 on 2024-04-15 00:00:02 to approximately 0.68416 by 2024-04-15 15:00:03. However, there is a significant decline to 0.68179 by 2024-04-15 20:05:03, following which it then fluctuated upward and downward within a narrow range, finally closing at 0.68207 on 2024-04-15 23:55:02.
Identifying Seasonality or Recurring Patterns
In terms of recurring patterns or seasonality, it's challenging to conclusively determine any based on the data provided. Exchange rate patterns are often influenced by various factors, including economic indicators, geopolitical events, and market sentiment among others. However, data provided does not span over an extended period, limiting the identification of clear seasonal patterns.
Noting Any Outliers
An outlier in the dataset is the substantial fall observed on 2024-04-15 20:05:03 when the exchange rate suddenly drops to 0.68179 from 0.68470 at 20:00:02. This sudden decrease differs significantly from the relatively steady rates observed during the preceding and succeeding periods and could be the result of an anomalous market event.
Please note that while the observations made above provide a general overview of the data, they are based on a surface-level analysis and do not consider external factors that could be influencing the exchange rates, nor provide any forecasts. It is suggested to conduct a more comprehensive analysis that considers more granular data and market variables for any precise predictions or conclusions.