2024-05-10 Gourde News
![Currency mart logo](../../../images/blog/currency-mart-logo.png)
2024-05-09
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
The data indicates that the exchange rate remains fairly stable during the entire timestamp. Specifically, the exchange rate starts at approximately 0.01035 at the beginning of the timestamp and after several slight fluctuations, it ends at roughly the same value of 0.01036. The slight fluctuations in between range from approximately 0.01030 to 0.01036. Overall, this suggests no significant general increase or decrease in the exchange rates during the entire timespan.
2. Identifying any seasonality or recurring patterns in the changes of exchange rates
Upon observing the data, it can be seen that there are no clear recurring patterns or seasonal trends in the exchange rates within this dataset. The exchange rate appears to be relatively consistent throughout the recorded time interval, with only minimal fluctuations occurring. It’s important to note that this analysis is based solely on the given data and a more in-depth analysis might require a longer or different time dataset.
3. Noting any outliers or instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality
Given the exchange rates' overall stability, any significant deviation from the approximate range of 0.01030 to 0.01036 could be considered as an outlier. In this dataset, however, there were no instances observed where the exchange rate had significantly deviated from this range. Therefore, based on this dataset, no outliers were identified.
Please note, the result of this analysis is based on the given dataset. Different results might be observed if the analysis is conducted on a longer time period or during a period of significant financial events.
![HTG Exchange Rate Stability Holds Steady Over 24 Hour Span](http://currencymart.net/images/news/gourde/2024-05-10/img-OTNuOsZvOOKvT5lpAseqitQ0.webp)