2024-05-14 Guyana Dollar News
2024-05-13
Summary of Last Month
- 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
Looking at the dataset, the pattern of exchange rates seems relatively stable over the provided time period. The exchange rate value fluctuates slightly but predominantly circulates around the value of 0.00653 to 0.00654. There is no noticeable significant increase or decrease in the exchange rates, suggesting stability in the currency for the given timestamps.
2. Seasonality or Recurring Patterns in Exchange Rates
From the given dataset, no apparent seasonality or recurring patterns can be identified. The exchange rates seem to remain fairly constant with minor fluctuations within the bounds of 0.00653 and 0.00654, without apparent concern for the specific time or date. It would need a more in-depth analysis or a larger dataset to identify if unseen factors were impacting the rates or not, but from the provided data no recurrent patterns are noticeable.
3. Identification of Outliers
Regarding the observation of outliers, the data exhibits a constant value throughout, with very minor fluctuations between the values of 0.00653 and 0.00654. Given these values, there do not appear to be any significant outliers within the data set. In other words, there are no instances where the exchange rate either significantly spikes or drops.
Conclusion
In conclusion, the given dataset presents a stable trend in the exchange rates without apparent seasonality or any significant outliers for the given timestamps. Without taking into account external factors such as market events, news or other factors which could influence the currency dynamics, the data suggests minor fluctuations around the boundary values and overall stability within the time-series financial data.