2024-05-10 Boliviano News
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2024-05-09
Summary of Yesterday
- 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
After an in-depth analysis and examination of the provided data, I can state that the overall trend in exchange rates (BOB) varies slightly over the period, but slightly tends towards an increasing trend. At the beginning, the BOB rate starts at 0.19855, but towards the end of the dataset, the rate increased to 0.19891, showing a slight increase.
Seasonality and Recurring Patterns
In the given dataset, due to the short period of time, it would be premature to confidently claim seasonality or recurring trends. Ignoring the daily seasonality, we see that there doesn't seem to be a clear underlying seasonal pattern in this 24-hours dataset. More data would be needed to determine whether this pattern repeats itself across similar days or periods.
Notable Outliers
Regarding outliers, we notice one period showing a significant increment in the rate. This happens nearly at the end of the data series around time "20:40:03" where the rate jumps from 0.19794 to 0.19875 - an increase that is significantly higher than what we see in the overall trends. Besides, this particular event, no other significant outliers were observed in the dataset.
![Unseen BOB Exchange Rate Instability Signals Economic Strain](http://currencymart.net/images/news/boliviano/2024-05-10/img-QqPisve2vk6ei2yFbFa8mSNg.webp)