2024-05-20 Chilean Peso News
2024-05-19
Summary of Last Week
- 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 of the exchange rates
From a preliminary assessment of the data, there appears to be a small uptrend in the exchange rate data from a value of 0.00142 to 0.00152. This suggests that the exchange rates have generally increased over the period shown. However, it's important to note that the increase is quite small and the fluctuation in rates is relatively minimal.
Identifying any seasonality or recurring patterns in the exchange rates
As this dataset consists of intraday data, it is hard to pinpoint any clear seasonality or recurring patterns in the changes of the exchange rates just by an initial view. A more comprehensive time series analysis would be required with a larger dataset to determine any potential seasonality or patterns in the data. The close clustering of data points and the minor yet consistent upward trend make it challenging to identify any recurring patterns at this stage.
Noting any outliers in the exchange rates
From an initial glance, there do not seem to be any significant outliers in the data. All of the exchange rates land within the range of 0.00142 to 0.00152, indicating rather consistent rates. Even the highest and lowest points do not drastically differ from the rest of the data. However, a statistical analysis would be necessary to definitively identify outliers beyond what can be observed from an initial inspection.
It's also worth noting that while we are working with a rather consistent dataset here, exchange rate data can be affected by a multitude of factors and can vary greatly depending on economic circumstances, policy changes, geopolitical events and many other variables. Here, we are only looking at a static archived dataset, without considering the broader context.
