2024-04-24 East Caribbean Dollar 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
Upon observing the data, it appears that the exchange rates (XCD) have generally been stable throughout this period. The values range approximately between 0.505 and 0.507. There is no consistent and drastic increase or decrease that can point towards a definitive upward or downward trend. Instead, the data fluctuates mildly around a central value indicating a fairly stable trend.
Seasonality or Recurring Patterns
In terms of seasonality or recurring patterns, this dataset does not seem to present any apparent cycles. The fluctuations seem to occur at random without a clearly identifiable pattern. It's crucial to note, however, that for a more detailed and accurate analysis, a longer series of data may be necessary. Seasonal fluctuations often occur over a longer time scale that could not be represented here. Despite this, the data in its current form does not anticipate any obvious recurring trends.
Outliers
This dataset does not contain any significant outliers. Each XCD exchange rate observed is quite close to the others and all data points fit within a relatively narrow range. This suggests that throughout the period presented by the data, there wasn't any drastic event that significantly affected the exchange rates either positively or negatively.
Keep in mind, this analysis is based on the raw data and does not take into account any external influences such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports, which might affect the exchange rate. As such, for a more nuanced and detailed understanding, future analysis might consider these influences as well.