2024-05-20 Brazilian Real News
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2024-05-19
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
Overall Trend
This time-series data presents a subtle increase over the course of the timestamps provided. While it is not a straight-line increase, it does show an upward trend across the data set as a whole. It began at around 0.262 and it concludes at around 0.266. However, it does not imply that the exchange rate overall has a persistent upward trend. The increment is quite marginal and there are several fluctuations along this path.
Recurring Patterns and Seasonality
The dataset does not evidently display any frequent or recurring patterns or seasonality. The data as it stands, seems quite random with no apparent cycles or patterns which repeat at specific consistent intervals.
Outliers
The dataset does not show any significant outliers. Most of the exchange rates within the dataset range relatively close to the average exchange rate, there isn't any instance where the exchange rate differs significantly or unprecedentedly from the trend.
Please keep in mind this analysis is basic and does not take into account external factors that could significantly affect the BRL exchange rate like market opening/closing hours, weekends/holidays, or the potential release of key financial news and reports.
![Brazilian real sees steady increase in exchange rate trends](http://currencymart.net/images/news/brazilian-real/2024-05-20/img-1mVBTMzcGrRwBhVgc1jz0FtZ.webp)