2024-05-16 Forint 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
Overall Trend of Exchange Rates
Based on the given time series data from 2024-05-15 00:00:02 to 2024-05-15 23:55:02, the HUF exchange rate primarily fluctuates between the values of 0.00382 to 0.00384. The exchange rate remains relatively stable, with minimal variations throughout the day. It is important to note that there is a slight declining trend initially in the rates where it has dropped from 0.00383 to 0.00382 around the 01:00 mark. However, the rate recovers and shows an upward trend from the timestamp of 09:05:02 where it increases from 0.00383 to 0.00384. Since then, it remains constant at 0.00384 for the remainder of the day.
Recurring Patterns and Seasonality
Upon analyzing the data, it does not seem to exhibit any clear pattern or seasonality in terms of daily hours. The exchange rates appear to be following more of a random walk, as there is no discernible pattern that repeats at a consistent interval. This lack of seasonality suggests that the exchange rate is more likely influenced by unpredictable or random factors rather than regularly occurring events.
Outliers and Unexpected Observations
No significant outliers or unexpected instances are observed in the given dataset. The entire dataset depicts a very tight range of fluctuation of the exchange rate between 0.00382 and 0.00384. The variation in the exchange rate throughout the day stays within this narrow band. The exchange rate slightly decreases at the beginning of the day and then starts to increase, maintaining stability at 0.00384 for the rest of the day. However, these minor fluctuation falls within the typical range and doesn't represent any unusual spikes or deviations.