2024-04-19 Bulgarian Lev News
2024-04-18
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Understanding the overall trend
Inspecting the provided time-series data for the given period, it can be observed that the exchange rate appears to be largely fluctuating within a range. The BGN rate started at 0.75083 on 18th April 2024 at 00:10:02 and ended at 0.75034 on 18th April 2024 at 23:55:02. Although minor upswings and downswings can be observed throughout the timeframe, the data doesn't indicate a significant increasing or decreasing trend overall. The exchange rates hence seem to remain relatively stable over the period shown.
Identifying any seasonality or recurring patterns
The dataset provided does not cover a long enough period to identify clear seasonality or recurring patterns. To robustly ascertain seasonal trends or patterns, data for different times of a day across multiple days, weeks, and months, or even years, would be required. However, fluctuations within the daily timeframe can potentially be attributed to market dynamics, trading volumes, and financial news during market opening hours.
Noting any outliers
Upon reviewing the provided dataset, no prominent outliers can be observed. The exchange rate remains within a relatively tight cluster ranging approximately between 0.748 and 0.752, indicating consistency. It's worth mentioning that the absence of significant outliers suggests minimal volatility for this particular exchange rate over this specific period.