2024-04-30 Czech Koruna News
2024-04-29
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
Analysis of Exchange Rates
The dataset provided represents the time series data of exchange rates (CZK) over a span of 24 hours on the date of April 29, 2024. Here is a comprehensive analysis of the dataset according to the goals specified:
1. Overall Trend of Exchange Rates
The exchange rates generally fluctuate within a small range throughout the day, between a minimum of 0.05803 and a maximum of 0.05828. The data reflects a somewhat stable trend with minor rises and falls across the given timestamps. There is not a distinct overall increasing or decreasing trend; however, there is a slight increase in the value from 0.05815 at the start of the day to 0.05824 at the end of the day.
2. Seasonality or Recurring Patterns
Identifying seasonality in time series data typically requires data spanning across multiple seasons or cycles, so from a single day's data, it's challenging to ascertain any seasonal or recurring patterns. That being said, there seems to be some periodicity in the changes in exchange rates. Around the same times into every hour, a minor fluctuation can be witnessed, especially significant around the minutes 15, 30, 45 and the start of the next hour, although the exact pattern is not uniform across all the hours in the data provided.
3. Outliers in Exchange Rates
From a cursory look at the data, there don't seem to be significant outliers, as the exchange rates stay within a small range throughout the day. That being said, the spike in exchange rates at 12:15:03 (from 0.05821 to 0.05828) and subsequent drop at 22:40:02 (from 0.05821 to 0.05815) can be considered minor outliers when compared to the general stability of rates throughout the day.
