2024-04-19 Bermudian Dollar News
2024-04-18
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
From the analysis of the given datset, it's apparent that there is some volatility in the BMD exchange rates. The rates seem to fluctuate within a relatively stable range, with both minor increases and decreases observed throughout the given timeframe. There does not appear to be a pronounced overall upward or downward trend, indicating that the exchange rate remained quite stable during this period.
Seasonality and Recurring Patterns
Given the timestamps and the exchange rates, recurring patterns or seasonality trends are not immediately visible in the dataset. This is mainly because the dataset spans over an entire day, and we might need a broader dataset, perhaps covering several weeks or months, to ascertain any possible daily, weekly, or monthly patterns. However, when looking more closely at the data, it can be observed that there are periods of relative stability interspersed with instances of more significant rate fluctuations, though the exact pattern of this occurrence is unclear.
Outliers Analysis
There are some instances of rather significant changes in the exchange rate that could be considered outliers in the context of the generally stable pattern observed over this period. This is particularly true for the instances where the rate changes abruptly and then comes back to its previous level relatively quickly. That said, it is essential to note that the presence of outliers is quite normal in exchange rate data due to the volatility tied to the nature of currency markets.