2024-04-29 Guernsey Pound News
2024-04-28
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. Overall Trend of Exchange Rates
The exchange rates shown in the dataset generally fluctuate over the timestamp. At the start of the dataset on 2024-03-29 2:00:02, the exchange rate is at 1.71219. There's a noticeable decrease in value in the following days until it reaches its lowest point documented in this dataset on 2024-04-04 at 6:00:02 with the rate at 1.6933. Then the rate starts to increase, reaching a peak on 2024-04-12 at 14:00:01 with the rate at 1.72888. The values subsequently decrease, with slight increases and decreases at various points.
2. Seasonality and Recurring Patterns
As this dataset spans only within approximately one month and does not provide data for all days, it is difficult to accurately determine any seasonal patterns or recurring cycles. However, within the given timeframe, there seems to be a consistent ebb and flow in the rates, suggesting there could potentially be intraday patterns. It would require a more comprehensive dataset covering a larger period to identify if there's a weekly pattern or other form of cycles.
3. Identifying Outliers
There are certain points in the data where the exchange rate experienced either a drastic increase or decrease. Some notable cases include on 2024-04-10, where the rate jumped from 1.70064 at 6:00:02 to 1.71194 at 8:00:03, and on 2024-04-03., the rate fell from 1.70213 at 08:00:02 to 1.69562 at 10:00:03. These could be considered outliers within this dataset.
Please note, this analysis is only based on the provided set of data and does not consider any external factors such as market opening/closing hours, or the release of key financial news and reports. For a more comprehensive and accurate analysis, these factors should ideally also be considered.
