2024-05-09 Euro 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 the exchange rates
The dataset provided contains exchange rates, specifically EUR exchange rates, over different times. Upon examining the data, it can be observed that the exchange rates slightly fluctuate. However, the rates seem to be relatively stable overall, with no significant rising or falling trend discernible over the period displayed. There seems to be slight fluctuations ranging from 1.47467 to 1.47874 and no significant increase or decrease towards the end of the period.
Identifying any seasonality or recurring patterns in the changes of exchange rates
In terms of seasonality or recurring patterns, it's hard to tell without specifying a unit of time (day, month, year, etc) to group the data. However, looking at the dataset, it doesn't appear that there are clear recurring patterns in the exchange rates. The changes in rates seem to occur independently of each other and don't exhibit typical patterns of seasonality like those visible in retail sales or temperature data for example.
Noting any outliers
In this dataset, there don't appear to be any outliers i.e., instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality. The range of values does not show a clear outlier significantly above or below the other values. This implies that the EUR exchange rate was relatively stable during this period, without experiencing wild fluctuations that would point to irregular or unexpected events affecting the currency.
![EUR Exchange Rates Witness Remarkable Fluctuations Within 24 Hours](http://currencymart.net/images/news/euro/2024-05-09/img-LJYbXOYgfuNSwoUTiSQc59re.webp)