2024-04-23 Cayman Islands Dollar News
2024-04-22
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
Upon examining the provided time-series data, it appears that the exchange rates exhibit slight fluctuations across the different timestamps. There is no distinctly clear upward or downward trend visible within the data set duration. The exchange rates neither increase nor decrease significantly throughout the period, and we could say that the rates remain considerably stable.
Seasonality or recurring patterns
Regarding seasonality trends or recurring patterns, the data provided does not evidently illustrate any obvious patterns. We would typically look for consistent changes within regular intervals to identify seasonality. This could be, for instance, hourly, daily, or weekly patterns. However, given the data at hand, the lack of pronounced repeating patterns suggests that the exchange rates do not significantly exhibit any noticeable seasonality in behavior or recurring patterns.
Outliers
An initial examination of the data doesn't evidently indicate any significant outliers, which mean the instances where the exchange rate dramatically differs from the average rate. However, outliers are typically better identified with statistical measures or visualizations like box plots, which aren't a part of this analysis. Thus, the absence of identified outliers should also consider the limitations of this specific analysis.
The variability of exchange rates appears to be relatively minimal, with minor fluctuations around the average rate representing the dominant pattern in the data. Such datasets do not typically contain severe outliers, as currency exchange rates are impacted by a multitude of factors and tend to change in a relatively consistent and predictable manner.
