2024-04-24 Brunei Dollar News
2024-04-23
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 Analysis
Based on the provided dataset, we can see that there is a slight fluctuation in the exchange rates of BND throughout the period under consideration. There's no distinct trend of consistent increase or decrease over the period given. The rates start at about 1.00607 at the beginning of 23rd April 2024 and end around 1.0077 at the end of the same day. Despite several fluctuations, the overall change in rate is minimal, indicating a relatively stable exchange rate throughout the given period.
Identifying Seasonality or Recurring Patterns
Given that the dataset is only for a single day, it is difficult to identify any clear seasonality or recurring patterns. Typically, seasonality can be analyzed over a longer time period, generally including a full year's data at the very least. This would allow us to identify any patterns related to specific seasons, months, or times of the year. However, given the short time frame-analysis on this dataset, determining seasonality or recurring patterns isn't feasible.
Analysis of any Outliers
In this dataset, there does not seem to be any major outliers or instances where the exchange rate deviates significantly from its usual range. The majority of the fluctuations within the exchange rate appear to be consistent with its standard variance. However, there's a significant jump in the rate from 1.0033 to 1.00723 between 20:00:03 and 20:05:02. This could be an outlier or a result of a specific and notable event or shift in the market at that particular time. But further data and investigation would be required to confirm this.
External Factors
As per your instructions, this analysis has not taken into account any potential impacts from external factors like market opening or closing hours, weekends or holidays, or the release of key financial news and reports. However, it's worth noting that these variables can have a significant impact on exchange rate movements in the real-world scenarios.