2024-05-09 Dong News
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2024-05-08
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
**Understanding the Overall Trend of Exchange Rates**Analysis of Overall Trend
Upon review of the dataset provided, it is observed that the exchange rate for VND (Vietnamese Dong) has remained consistent throughout the timeline. The provided data, spanning across different times of dates in May of 2024, indicates a static value for the exchange rate of 5.0E-5 for all timestamps. Therefore, it can be concluded that the overall trend of VND exchange rate remains stable within this period.
Identification of Seasonality or Recurring Patterns
With the constant exchange rate value of 5.0E-5 for VND, no discernible seasonality or recurring patterns can be identified in the dataset. Any potential intraday, weekly, or monthly patterns are not apparent due to a persistent non-shift in the exchange rate over time.
Outliers in the Exchange Rate Trend
Given that each entry in the series recorded an equal exchange rate data point, there are no noticeable outliers in the data. The exchange rate, based on the provided data, is entirely stable, showing no significant deviation from the consistent rate of 5.0E-5.
Concluding Remarks
In conclusion, the comprehensive analysis reveals an entirely static trend in exchange rates for the data provided without any signs of fluctuation, seasonality or outliers. The given dataset requires a higher degree of volatility in the values for a comprehensive time-series analysis and further analytical insights.
![VND Exchange Rates Hold Steady Amid Market Uncertainties](http://currencymart.net/images/news/dong/2024-05-09/img-zjKqY0xd64quDeuFhOJcPBPi.webp)