2024-05-09 Guarani News
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2024-05-08
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
From the data provided, it's observed that the exchange rate for PYG remains constant at 0.00018 throughout the entire data series. This signifies stability, with no fluctuations observed on any given date in this dataset. Therefore, it can be determined that the overall trend of the exchange rates is stable during the specified period.
2. Seasonality or Recurring Change Patterns
Time series data often has seasonal patterns when data points at fixed intervals are consistently higher or lower than the norm. This often reveals the impact of certain repeating phenomena like time of day, week, month, seasons, etc. But in this dataset, the PYG exchange rate stays uniform throughout all timestamps. Hence, no seasonality or recurring patterns can be identified from this data.
3. Analysis of Outliers
An outlier in a distribution is a number that is distant from other numbers in a time series data. In this case, the exchange rate for all timestamps holds at 0.00018. Following this, there are no noted 'outliers', nor instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality.
In conclusion, this data suggests a period of remarkable stability for PYG during this time frame. While stability can be friendly for individuals and businesses seeking to predict their future costs, this data's homogeneity limits dynamic insight into the state of PYG currency itself.
![Unwavering PYG Exchange Rate Maintains Consistency](http://currencymart.net/images/news/guarani/2024-05-09/img-swoOQG9lptNXTIGdo8tdjbf6.webp)