2024-05-06 Brazilian Real News
2024-05-05
Summary of Last Week
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Data Analysis
Following a detailed analysis of the time series dataset concerning BRL exchange rates, key insights into the overall trend, seasonality, and anomalies have been identified:
1. Overall Trend
In general, the BRL exchange rates exhibit fluctuations over the period represented. Starting from 0.26821, the exchange rate falls slightly, before increasing to 0.27151, then decreasing below the initial value to 0.26159, followed by an increase back to 0.26766 by the end of the dataset. The exchange rates vary consistently throughout the dataset, suggesting that there is no clear long-term upward or downward trend.
2. Seasonality
In terms of identifying recurring patterns, an in-depth analysis would require a more extended and minutely divided dataset. This would allow us to better ascertain daily, monthly, or yearly patterns in the data. However, from this dataset, no distinct cyclical or seasonal patterns are immediately evident.
3. Outliers
While there are minor exchange rate variations throughout, no concrete outliers or instances where the exchange rate significantly differs from the general fluctuating pattern have been identified. With exchange rate moving in the range between approximately 0.261 and 0.271, this continual fluctuation seems part of the natural behavior of the rates rather than outlier events.
Further in-depth analysis would yield more insights. However, the broader understanding from this dataset is that the exchange rate is in a state of flux, with no apparent seasonality or outliers.