2024-05-03 Gourde News
2024-05-02
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overview of the Exchange Rate Trends
Upon examination of the dataset, it is evident that the exchange rate (HTG) exhibits a generally stable trend. The rate experiences slight fluctuations over the course of the timestamps provided, with a range of 0.0103 to 0.01039. There are only minor variations throughout the dataset, suggesting a more stable exchange rate over the provided period. There is no clear uptrend or downtrend discernible.
Seasonality and Recurring Patterns
After analyzing the exchange rates in the time-series data, I did not identify any strong seasonality or recurring patterns in the changes in exchange rates. That being said, the nature of this analysis being limited to the data at hand, external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports, were not considered in observing any recurrency. Thus, any seasonality might be obscured by the granular, seemingly high-frequency data. For a clear view on seasonality, one would need to aggregate the data over larger periods (hours, days, possibly weeks).
Outliers in the Exchange Rates
Throughout the given period, no significant outliers in the exchange rate were observed. The entire dataset maintained a consistent range of values for the HTG exchange rate. This implies that there were no instances where the exchange rate differed significantly from the stable trend during the period captured by the dataset.
Final Notes
While the analysis provides a general view of the stability of the exchange rate over the duration given, it is crucial to note that exchange rates can be influenced by several factors outside the scope of this analysis. Factors such as changes in economic policy, shifts in the global economy, and political instability can all have significant impacts on exchange rates. Therefore, this analysis merely provides a simplified snapshot of the exchange rate situation and does not consider these external macroeconomic factors.