2024-05-17 Czech Koruna News
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2024-05-16
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 of the Exchange Rates
The data indicates that there is a slight increase in the exchange rate (CZK) from 0.05991 at the start to 0.06009 towards the end of the dataset. However, the increase is not steady and encompasses various ups and downs throughout the period.
Identifying Seasonality or Recurring Patterns
It is difficult to pinpoint a definitive recurring pattern or seasonality in the exchange rate fluctuation within the dataset. While the rate does go through periods of stability, there are also periods where the rate changes rapidly. These fluctuations appear randomly throughout the dataset, without a clear repeating pattern.
Noting any Outliers
There doesn't appear to be any significant outliers in the exchange rate data. For the most part, the exchange rates are hovering around the same level, with slight fluctuations, but there is no single instance where the rate differs vastly from the others. A further statistical analysis might reveal smaller outliers, but at first glance, the dataset appears to be relatively consistent.
Summary
- The exchange rate exhibits a slight increase over the period.
- No clear seasonal or recurring pattern was identifiable in this dataset.
- No significant outliers were noted in the dataset. The exchange rates remain relatively consistent throughout the period.
![Stable trends and subtle volatility characterises CZK exchange rates](http://currencymart.net/images/news/czech-koruna/2024-05-17/img-PRUdgDBQd4aBplHOu3vOqvuv.webp)