2024-05-22 Brunei Dollar News
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2024-05-21
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
The BND exchange rate values provided are in the range of 1.01058 to 1.0146. Generally speaking, there doesn't seem to be a strong trend suggesting a consistent increase or decrease in the value. The values tend to fluctuate around the mean. Although there are periods of minor increases or decreases, the exchange rates tend to remain stable over the period shown.
Seasonality or Recurring Patterns
From the given data set, it is hard to identify clear seasonal or recurring patterns in the exchange rate data. Given that the data only covers a single day (2024-05-21), getting a reliable determination of daily seasonality would require a longer time series that spans multiple days.
Outliers in the Dataset
By examining the exchange rates, there seem to be some outliers in the dataset. For example, the rate drops to 1.01058 at 07:05:02, which is a relatively significant deviation when compared to nearby time-stamps. Another example is at 20:05:03, where the rate drops to 1.01144 from the preceding rate of 1.01327. These outliers could be due to various factors such as sudden market activities or other economic factors.
However, as specified in the instructions, this analysis did not take into account possible external events (such as market opening or closing hours and financial news). Noting these external factors could potentially provide more accurate interpretations of the data.
![BND Exchange rates experience volatility amidst Global Market Uncertainties](http://currencymart.net/images/news/brunei-dollar/2024-05-22/img-AmLrTgnyOP3AGAdY8n6GTYmK.webp)