2024-05-22 Bermudian Dollar News
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
The general trend of the exchange rates appears to be relatively stable. Over the period shown, the exchange rate only fluctuates within a small range of around 0.003. While there are minor ups and downs in the exchange rates, there is no clear direction of increase or decrease overall.
Seasonality and Recurring Patterns
From the given dataset, it is challenging to identify any obvious seasonality or recurring patterns. The dataset covers a single day's exchange rates, and thus, deriving reliable seasonal patterns would require a much extended period. However, some minor fluctuations can be observed throughout the day. To identify recurring patterns, a more extensive analysis using more advanced statistical methods would be necessary.
Notable Outliers
Between the times of 07:35:03 and 07:45:03, there are identified outliers where the exchange rate increases sharply to 1.36619, the highest point in the dataset. This sudden surge in exchange rate is noticeable given the stable rates observed throughout the rest of the day. However, without additional information or context, it is challenging to explain this outlier.
Closing Notes
In summary, the exchange rates over the course of the provided day appear to be relatively stable. Although there are minor fluctuations and one notable outlier, there is generally no clear increasing or decreasing trend. That said, a more comprehensive analysis over a longer period and perhaps using more complex statistical methods would provide a better, more in-depth understanding of the trends and patterns in these exchange rates.
