2024-05-14 Dobra News
2024-05-13
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
Comprehensive Analysis of Exchange Rates Data
Reviewing the provided data, it appears to be a time series dataset providing exchange rates (specifically, STD rates) at various timestamps throughout a single day. It's important to note that these time-stamped exchanges occur in five-minute intervals, from midnight (00:00:02) to just before midnight (23:55:02) on the 13th of May, 2024.
Overall Trend
Regarding the overall trend, there doesn't appear to be any discernable movement. The STD rates remain markedly constant throughout the entire interval, always at 7.0E-5. Thus, throughout this period of time, there is a persistent exchange rate which demonstrates no increase, decrease, or fluctuation over the period shown.
Seasonality & Recurring Patterns
Considering the consistence in the STD exchange rate across the entire dataset, no evident seasonality or recurring patterns can be discerned. The exchange rate remains uniform at 7.0E-5 for every single timestamp throughout the day. Therefore, there does not seem to be any specific hour, or period within the day, that brings about a change to the STD rate.
Outliers
In line with the aforementioned points, there seem to be no instances of outliers within this dataset. The exchange rate remains unwaveringly at 7.0E-5 at all recorded times and does not divert from this rate, either significantly or minimally.
While a dataset with such consistency may initially seem unusual, it greatly simplifies the analysis by eliminating the need to account for fluctuations, trend changes or unexpected abnormalities. However, icould also indicate a lack of dynamism in the market or a period of very minimal volatility, as typically exchange rates do display some degree of movement in response to evolving economic conditions.
Additional Remarks
This analysis has focused solely on the provided dataset as per request, hence external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports have not been considered. Nonetheless, integrating these factors can help offer a more holistic picture of the situation but it might not have a significant impact given the consistency of the data presented.
Furthermore, this analysis is purely retrospective, and it does not generate forecasts for future exchange rates. The specific request to not project future rates was taken into account, and as such, all commentary is limited to the existing data up until the 13th of May, 2024.