2024-04-17 Dalasi News
2024-04-16
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend of Exchange Rates
An analysis of the dataset provided, which monitors the fluctuation in exchange rates (GMD) shows a relatively stable trend within the 20th April 2024 time frame. The GMD starts at 0.02034 at midnight and essentially maintains this figure throughout the day, with only minute increases and reductions documented. The highest rate recorded is a slight increase to 0.02041 while the lowest is 0.02031, The exchange rate does not deviate significantly from its starting point.
Seasonality or Recurring patterns
While the data seems to remain relatively stable, there are mild fluctuations in the exchange rate repetitive patterns within the data. The GMD tends to oscillate between 0.02037 and 0.02033 during the day. Such fluctuations are seen occurring at different points throughout the timeline, which suggests there may be recurrent patterns in the data. However, without more extensive data to observe these patterns over a greater period, we cannot conclusively determine whether these fluctuations represent a form of seasonality in the exchange rates.
Notable Outliers in Data
With the data provided, significant outliers are not immediately apparent due changes being minute in nature. That said, the lowest and highest rates could be taken into consideration as a form of outliers, with rates of 0.02031 and 0.02041 respectively. These values deviate slightly from the general trend and, while not substantial, could suggest outside factors momentarily impacting the exchange rates.
Remember, this analysis is based solely on the data provided and does not take into account any external influences or data beyond the provided range. Adjustments to the conclusions might be required if additional information such as market opening/closing hours, weekends/holidays, or release of key financial news and reports are considered.