2024-05-21 Dalasi News
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2024-05-20
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
Overview of Exchange Rate Trends
The GMD exchange rate data provided show an overall increase during the period observed. The rates start at 0.02003 and rise slowly to a peak of 0.02014 with intermittent dips and plateaus. While the overall trend reflects an upward movement, the increase is gradual and incremental, suggesting stability in the rates. This gradual rise hints at a steady appreciation of the value of GMD over the period examined.
Seasonality and Recurring Patterns
Despite detailed analysis, noticeable seasonality or recurring patterns are elusive in the provided data. The exchange rates do not appear to follow a pattern that repeats at regular intervals. Although there are intermittent dips and peaks, they do not occur with evident consistency or at regular time periods. This lack of a clear cycle indicates that the GMD exchange rate during this period is seemingly driven by factors beyond simple cyclical trends or patterns.
Outliers and Notable Points
- One of the distinct points in the data is the minor dip in the exchange rates recorded around timestamp 2024-05-20 09:50:04. The GMD exchange rate fell to 0.02001, which is slightly lower than the trend.
- The highest recorded exchange rate was at 0.02014, observed at timestamps 2024-05-20 21:15:03 and 2024-05-20 21:20:02. This comes later in the timeline and can be seen as part of the overall upward trend in the rates.
- There is a period of somewhat heightened volatility around 2024-05-20 10:00:02 until 2024-05-20 11:00:02 where the rate fluctuated between 0.02005 and 0.0201.
Overall, while there are some low and high points in the dataset, there are no major outliers that deviate significantly from the general upward trend of the exchange rates. However, it is important to note that the 'outliers' identified in this dataset are not extreme values but rather points that deviate slightly from the observed upward trend.
![GMD Exchange Rates Show Steady Increase Throughout May 20th, 2024](http://currencymart.net/images/news/dalasi/2024-05-21/img-GKPqMZ9Xhi9ZtOqjyS1oKbtm.webp)