2024-04-22 Guarani News
2024-04-21
Summary of Last Week
- 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:
Upon analysing the dataset, it is observed that the exchange rate of PYG largely remains stable throughout the given period. Although there is a slight increase from 0.00018 to 0.00019 upon certain instances, the changes are quite marginal. The overall trend, therefore, signifies a stable exchange rate barring some insignificant fluctuations.
2. Identifying Any Seasonality or Recurring Patterns:
Considering the given dataset, it would be premature to detect any seasonality or recurring patterns in the changes of exchange rates. The overall exchange rate maintains its poise across the entire timeframe, which inhibits the scope of identifying any seasonal variations. Furthermore, the dataset encompasses only a narrow timeframe and recurring patterns typically require lengthier time periods to become evident.
3. Noting Any Outliers:
Given the stability of the exchange rates, the dataset does not exhibit any noticeable outliers. The exchange rate fluctuates minimally in the range of 0.00018 to 0.00019, which is quite a narrow bounds. In this case, we could not identify any significant instances where the exchange rate drastically deviates from this observed range. Therefore, there are no apparent outliers detected in the dataset.
Final Remarks
The data provided gives a snapshot of a very stable exchange rate for the specific period observed. No significant variations or patterns are detected within this dataset. For a more precise and comprehensive analysis, it would be helpful to have a more extended timeframe and perhaps a larger fluctuation in the data. It is important to note that while the historical data looks quite stable, exchange rates can be influenced by various factors including economic events, changes in supply and demand, among others. The presence of these factors can cause future rates to deviate from historical trends.