2024-05-02 Boliviano News
2024-05-01
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 of Exchange Rates
On analyzing the data, the BOB exchange rates show minor fluctuations, but the general trend depicts a gradual increase. The rate starts from around 0.19808 (at 2024-05-01 00:00:03) and has increased to around 0.19941 (at 2024-05-01 23:55:02) revealing an overall upward trend. However, the fluctuations are minor and within a predictable range.
Seasonality or Recurring Patterns
With regards to seasonality and recurrence, the data provided is too limited to draw strong conclusions (a single day). Nonetheless, from the pattern observed, it can be noticed that the exchange rate tends to increase slightly during certain hours, presumably when the exchange market is most active. For example, significant increases can be noted around 06:00:02 and 20:00:03, which might indicate opening and closing times of key financial markets. Identification of precise patterns would require data spanning over longer periods for accurate results and conclusions.
Identification of Outliers
An outlier case is observed around 06:25:02 where there is a sudden increase in the exchange value from 0.19795 to 0.19929. Beyond this sudden spike, the exchange rate appears to have smaller and predictable fluctuations, making this an outlier. Another minor surge is noted around 20:05:03, from 0.19874 to 0.19949, but it stabilizes quickly afterwards. These anomalies suggest moments of unexpected market activity or potentially data inconsistencies.
By analyzing the dataset further, the outliers can be validated and thoroughly assessed. In conclusion, from a daily perspective, the BOB exchange rate presented a steady increase with minor predictable fluctuations and a few significant spikes that can be considered outliers.
