2024-05-02 Denar News
2024-05-01
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Based on the data provided, the following observations can be given:1. Trend Analysis
The data suggests that the MKD exchange rate is essentially stable throughout the recorded period. There was a small fluctuation in the rate from 0.02382 to 0.02388, indicating a very slight overall increase. However, in the grand scheme, the trend does not show significant growth or decrease.
2. Seasonality and Recurring Patterns
With the given data, it is difficult to identify any clear seasonality or recurring patterns. Over this 24-hour sequence, fluctuations in the exchange rate don't appear to have a consistent timing or rate of change that would suggest a specific pattern. However, it should be noted that with more data (covering a longer time period), clearer patterns may emerge.
3. Outliers
Based on the provided dataset, there are no significant deviations from the MKD exchange rate that would indicate an outlier. The MKD exchange rate stayed within a very tight band of variance, fluctuating at the third decimal place.
Additional observations
- There is a bit of surge observed in the MKD exchange rate at the timestamp '2024-05-01 20:05:03', where it jumped from 0.02378 to 0.02387 in just five minutes.
- However, this jump was not a consistent increase, rather the rate fluctuated within a band in the subsequent minutes.
In conclusion, the MKD exchange rate exhibits a largely stable trend across the period of data provided, with a very slight overall increase, no clear patterns or seasonality, and no significant outliers. For a more comprehensive and accurate analysis, data of longer duration, external factors like market mechanisms or significant economic events can be considered.