2024-05-02 Gibraltar Pound News
2024-05-01
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
Starting on 2024-05-01 at 00:00:03 with an exchange rate of 1.71643, the rate reached its peak at 1.71689 at 01:55:02 before steadily falling to 1.70756 at 13:55:03 on the same day. The rate then rebounded to a high of 1.71581 at 09:50:03. For the entire day, the lowest point was 1.7072 at 14:00:02. Over the course of the day, the exchange rate generally showed a downward trend, but clearly not in a linear manner. There were both significant upticks and drops at different timepoints.
Seasonality or Recurring Patterns
From the dataset provided, it is not immediately clear if there is any straightforward recurrent or seasonal pattern in the exchange rate movements within the day. While we do observe some increase and decrease cycles in the rates over different periods, these fluctuations do not seem to demonstrate any definitive cycle that could be considered as a recurrent pattern within the day. A more detailed analysis with extended data over multiple days or weeks might help to better determine if any such patterns exist.
Outliers in Exchange Rates
Outliers, or unexpected spikes or drops in the exchange rate, are quite notable in this dataset. One such significant occurrence is the considerable drop from 1.71502 at 12:45:03 to 1.70756 at 13:55:03. This substantial decrease seems out of the ordinary when taking into account the overall trend and the fluctuations before and after this event. Another outlier event is the significant rise from 1.70921 at 14:10:03 to 1.71376 at 15:05:02, which again, appears unusual given the surrounding values. Determining the specific cause of such outliers would require additional information beyond the dataset considered here.
