2024-03-12 Dominican Peso News
2024-04-23
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
Based on the provided time series data, the exchange rate shows a very stable trend with only minor fluctuations between 0.02299 and 0.02334 throughout the whole period. Initially, the rate remains stable at approximately 0.02324 till 2024-04-23 01:55:02 timestamp after which it shows a minor increment, reaching up to 0.02332 by 2024-04-23 06:55:02. The rate then slightly decreases at 11:00:03 (to around 0.02303). After fluctuating in the proximity of 0.023 for most of the time, we notice a significant jump to 0.02333 at timestamp 2024-04-23 20:05:02 which remains stable till the end of the provided time series.
Seasonality and Patterns
Although the data does not exhibit major seasonal patterns, one can notice minute fluctuations periodically. These fluctuations seem to be in effect every few hours. However, the exchange rate remains considerably stable throughout.
Outliers
Given the relatively stable rates through the course of the time series, there are no major outliers present in the dataset - any significant deviation from the existing trend would be marked as an outlier. However, with the current consistency in the data, none such outliers are present.
Other Observations
It's worth noting that the provided dataset contains time series data of roughly a day. Longer-term trends may not be as stable as represented by this dataset. If the dataset were to be expanded, some patterns could change depending on external variables such as economic factors, government interventions, and global currency market conditions.
In conclusion, the DOP exchange rate demonstrated an overall stable performance within the presented timeline, with insignificant fluctuations.
