2024-04-26 Forint News
2024-04-25
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 of the Exchange Rate
Based on the given data, the HUF exchange rate appears mostly stable over the period observed. The majority of the rate lies between 0.00372 and 0.00374, with a slight increase from 0.00372 to 0.00374 which may indicate a slight appreciation trend in currency. However, since the data does not cover a long period and there are only tiny fluctuations, we need more data to ascertain this. The rates of change are very small, and such small variations can be due to the influence of multiple factors.
Seasonality or Recurring Patterns of the Exchange Rate
With the available data, it is quite challenging to discern any seasonality or recurring patterns because of the relatively small time window and limited fluctuations in the values. Most of the changes are random, which are typical in financial markets due to their volatile nature and the influence of multiple variables. It would require a dataset that covers a longer time span with more significant fluctuations to identify any clear seasonal trend.
Outliers Within the Dataset
In this dataset, no obvious outliers can be spotted; all the exchange rates fall within a minimal range which shows a stable trend in the data. All values vary within 0.00372-0.00374, minutely deviating from the mean. This suggests the dataset is free from any significant outliers that could potentially affect the analysis.
Please note that while the analysis is based on the provided data for this specific period, exchange rates can be influenced by many factors and can show different trends and patterns in other periods or when considering a broader context.