2024-05-14 Boliviano News
2024-05-13
Summary of Last Month
- 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 of the exchange rates
Analysing the data from the given timestamp which starts from 2024-05-13 00:00:02 to 2024-05-13 23:55:02, a slight increase in the trend of the exchange rate is observed. This is established from the start, where the rate was 0.19786 and rose slightly to 0.19808 by the end. Throughout the period, despite the minor fluctuations, the rates seemed to be increasing at a very steady pace.
Identifying any seasonality or recurring patterns in the changes of exchange rates.
Seasonality or repetitious patterns in the data are not quite obvious upon initial review. The data changes appear rather random and do not show a specific trend that is recurrent within a certain time frame. It's important to keep in mind that these observations are made on a single day's data and seasonality trends are generally tracked on longer time spans.
Noting any outliers, or instances where the exchange rate differs significantly
In terms of outliers, the dataset doesn't seem to provide instances where the exchange rate deviates significantly from the expected value or trend. The fluctuations in the rates throughout the day are minimal and there's a gradual increase with no significant dips or rises. The maximum exchange rate observed here is 0.19817 while the minimum is 0.19774, and the difference between them is very small. Thus, no substantial deviation or outliers were observed in this context.