2024-05-16 Fiji Dollar News
2024-05-15
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Understanding the Overall Trend of the Exchange Rates
From the dataset provided, we can observe slight fluctuations in the FJD exchange rate from the start until the end. The beginning value at 2024-05-15 00:00:02 is 0.60929, and the last recorded rate at 2024-05-15 23:55:02 is 0.61053. This indicates a slight upward trend in the exchange rate throughout the given timeframe. However, it is also noticeable that the value changes minimally, indicating a kind of stability of rate throughout the day. The change is effectively 0.00124 units, equivalent to a 0.20% change.
2. Identifying Seasonality or Recurring Patterns
The time series data provided does not span a long enough period to identify clear seasonality or recurring patterns. Such trends usually become apparent when analyzing data that covers multiple cycles of a given period, often months or years. In an hourly trend like this, it would likely require far more data points to clearly interpret any potential seasonal effect. Therefore, with the given data, no clear seasonal or recurring patterns can be reliably identified.
3. Noting Outliers
An initial review of the timeseries data does not evidently indicate significant outliers. The fluctuations in the exchange rates appear to be more or less subtle, moving within a small range across the series. The smallest rate observed is 0.60845 at 2024-05-15 04:30:02, and the highest recorded rate is 0.6112 at 2024-05-15 20:15:02. The rest of the data spread ranges around this interval, meaning there are no significant departures -- or outliers -- in this dataset.
