2024-04-30 Euro News
2024-04-29
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
Understanding the overall trend of the exchange rates
From the provided dataset, we observe a slight decreasing trend in the exchange rate over the time interval. This trend suggests that the value of the euro (EUR) against the other currency (which is not specified in the dataset) is gradually decreasing over time. The highest rate is 1.4657 corresponding to the timestamp "2024-04-29 16:05:03", and the lowest rate is 1.461 corresponding to the timestamp "2024-04-29 08:40:02".
Identifying any seasonality or recurring patterns in the exchange rates
No seasonality can be distinctly identified from the provided dataset. Exchange rates fluctuate due to a myriad of factors – both macroeconomic and currency-specific, and it often requires a more sophisticated analysis involving more data types to pinpoint recurrent patterns or seasonality.
Noting any outliers in the data
With respect to the dataset provided, there do not appear to be significant outliers. The differences between the exchange rate values are minimal and seem to be within normal currency fluctuation ranges. The most significant drop occurred at the timestamp "2024-04-29 22:45:02", where the rate dropped from 1.46461 to 1.46436 in a 5-minute interval. However, without further information on the normal volatility of this exchange rate, it is difficult to label this as an anomaly.
It should be noted that an analysis such as this one, based solely on time and exchange rates, does not account for underlying factors that might cause significant fluctuations in currency exchange rates.