2024-05-07 Bulgarian Lev News
2024-05-06
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
Overall Trend Analysis
After carefully analysing the time series data provided, it can be noted that the exchange rates have been fluctuating considerably over the time period shown. However, while there are significant ups and downs in the exchange rates, the values generally hover around the 0.752 to 0.753 range. There does not seem to be a clear increasing or decreasing overall trend on a broad scale.
Seasonality and Recurring Patterns
In terms of daily exchange rate changes, some amount of intraday seasonality could be observed though it is not explicitly pronounced. The exchange rate seems to exhibit minor fluctuations during certain times of the day, indicating possible effects of market opening and closing times, although a systematic seasonal effect is not prominent enough to be clearly deduced from the data.
Outliers Analysis
The dataset does not appear to contain significant outliers--instances where the exchange rate hugely deviates from the majority. The exchange rate values remain reasonably consistent throughout the dataset. It is important to note that this observation might vary if the definition of what is considered a 'significant' deviation changes.
Key Observations
- The data displays a somewhat stable exchange rate value, within a restricted range.
- There are no highly noticeable seasonal patterns inferred from the data. Minor intraday fluctuations do occur.
- Significant deviations from the typical range (outliers) are not apparent in this data set.