2024-04-18 Fiji Dollar News
2024-04-17
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 Analysis
The exchange rates of FJD over the given time frame have shown small fluctuations. Nevertheless, careful observation might reveal a slight downtrend as the rate starts at 0.60698 and ends at 0.60571. Therefore, if we had to simplify the trend into the categories of increasing, decreasing, or remaining stable, it seems like the FJD rates have very slightly decreased over the period under review, assuming no major disruptive economic events.
Seasonality and Recurring Patterns
In terms of seasonality or recurring patterns, given the short intervals between the data points, it's not easy to derive clear periodic or seasonal patterns with the dataset showing hourly rates within a single day. However, a more detailed statistical analysis would be necessary to extract any subtle daily patterns that may not be immediately obvious by a simple inspection of the data. Seasonality usually becomes more visible with data over longer durations (months to years).
Outliers and Anomalies
The dataset appears to have minimal variance or fluctuation, indicating that there are likely few substantial outliers in the data. Yet, a few data points appear to deviate slightly more from the norm. For example, the exchange rate dips to 0.60558 and 0.60589 around 14:55:03 and 15:00:03, respectively. This could be due to a brief period of higher trading activity impacting the exchange rate. Nonetheless, the absence of extreme outliers may suggest stable trading conditions during this period.
Please note that this analysis is based purely on the given data and it ignores external market impacts such as opening/closing hours, weekends/holidays, or the impact of financial news or reports, as per request.
