2024-05-14 Brunei Dollar News
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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
Your database is a Univariate Time Series Data (only one quantity observe over time). Here is your demand comprehensive analysis:Overall Trend of BND Exchange Rates
The exchange rates for the BND appear to have slight fluctuations throughout the provided period. At the beginning, the exchange rate seems to remain more or less steady around 1.01. Towards the middle to the end of the period, we notice a very slight upward trend, reaching a peak rate of 1.01149. However, the changes during this period are not drastically significant.
Seasonality or Recurring Patterns
From the given dataset, it is challenging to identify a clear seasonality or recurring pattern within the observed period. This could suggest that the BND exchange rates do not have strongly laid cyclical fluctuations within a single-day timeframe and may respond more nuanced to worldwide economic movements rather than cyclic phenomena.
Outliers in the BND Exchange Rates
The presented data doesn't seem to have any significant outliers. All the values are hovering around the same level of 1.01, with very minor variations. This suggests that there were no major incidents or fluctuations in the exchange rate over these observed hours, or possibly that the BND market was relatively stable during this timeframe.
In this analysis, we disregarded personal events, marketplace opening/closing times, weekends/holidays, or the publication of key economic news and reports. Incorporating these factors could potentially enrich the interpretation of the data and provide a more nuanced understanding of the factors influencing these exchange rates.
![BND Exchange Rate Takes an Upward Leap Mid-May 2024](http://currencymart.net/images/news/brunei-dollar/2024-05-14/img-tm3phsq6qA059BkYXUpqUQNX.webp)