2024-04-17 East Caribbean Dollar News
2024-04-16
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, a comprehensive analysis was carried out to understand the changes in the exchange rates (XCD) at different time intervals. Following are the results:
1. Overall Trend
The overall trend shows that the exchange rate fluctuated over the observed period, with several ups and downs but mostly remaining in a similar range. The exchange rate started at 0.51137 at the initial timestamp of 2024-04-16 00:00:00 and ended at 0.51142 on 2024-04-16 23:55:03 . There is a slight fluctuation in between, but no significant increase or decrease is observed. Therefore, the exchange rates appear to be relatively stable over the given period.
2. Seasonality or Recurring Patterns
Seasonality or recurring patterns would typically require a larger dataset covering multiple cycles of a season to be accurately identified. However, on comparing different time frames in the current dataset, a certain degree of fluctuation is visible, though no clear pattern can be identified. Therefore, without further data, it can be difficult to assert the presence of a seasonal trend in the context of a single day's trading data.
3. Outliers and Unexpected Observations
In terms of outliers, the dataset doesn't seem to have very drastic fluctuations in terms of the exchange rates. Most of the changes seem to be in line with the overall pattern and no major outliers or unexpected instances are noticed which can be identified as significant deviations from the trend.
Please note that this analysis doesn't account for external factors beyond the given data, such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports that could have potentially impacted the exchange rate.