2024-05-20 Belize Dollar News
2024-05-19
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
Data Structure:
The dataset provided contains time series data. It outlines how an exchange rate, denoted 'BZD', changes at different times, given in the format 'YYYY-MM-dd hh:mm:ss'. Please note, each exchange rate corresponds to a specific timestamp.
Overall Trend:
Upon observing the dataset, we can notice that there is a fluctuating trend present in BZD exchange rates. It does not follow a straightforward increasing or decreasing trend. Instead, small subtle variations are observed in the BZD exchange rate over the period, demonstrating small upward and downward movement. However, there is no significant overall increase or decrease observable.
Seasonality or Recurring Patterns:
Given the dataset at hand, it is challenging to identify any seasonality or recurrent patterns easily. The exchange rates tend to fluctuate and vary across different points in time. Nevertheless, some small, subtle cycles of increases and decreases are seen in the data, but these remain inconsistent and don't follow a clear, periodic pattern. Therefore, no strong seasonality can be identified.
Outliers:
Outliers in a dataset like this would be instances of exchange rates that significantly differ from the general trend or the neighboring data points. In our dataset, no such significant outliers are noticed. Any substantial discrepancy might indicate an error or an unusual activity that could potentially impact the exchange rates. For our series, any notable deviation from the pattern seems to blend within the range of fluctuations observed, suggesting no significant outliers.
External Factors:
While you request not considering any specific event or external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports in this analysis, it's important to note that such factors might play a significant role in the observed fluctuations and subtleties in the data.
To summarize, the BZD exchange rate over the period seems to fluctuate subtly without a sharply increasing or decreasing trend. The changes in the rate don't display strong seasonality or recurrent patterns, and no significant outliers were identified in the observed range.
