2024-05-15 Guyana Dollar News
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2024-05-14
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend of Exchange Rates
The dataset provided shows a relatively stable exchange rate value for the given datetime period. The GYD values primarily fluctuated between 0.00652 and 0.00654. Overall, the exchange rate demonstrates a very minimal downward trend in the given time series data, with one noticeable decrease around 2024-05-14 08:00:02 when the value dropped from 0.00653 to 0.00652. However, this change is very minimal and given the data pattern observed, it appears that the exchange rate can be considered stable for this given time period.
Identifying Seasonal trends
In this given dataset, no significant seasonality or recurring patterns could be identified for the specified time period. The exchange rates mostly remained consistent, with very minimal fluctuations. In order to draw more concrete conclusions regarding seasonality, a larger date range would be required to understand if there are any repetitive changes in exchange rates on a weekly, monthly or yearly basis.
Outliers in the Data
Given the consistency and minimal fluctuation in the data, there do not appear to be any significant outliers in this time series data. The exchange rate remained within a very narrow range of 0.00652 to 0.00654. Any change within this range may not be considered significant enough to be classified as an outlier. However, this conclusion is again constrained by the time period considered and a more in-depth analysis covering a wider date range might reveal more about outliers and significant fluctuations.
![Stability Reigns Supreme: GYD Exchange Rate Continues Unfazed](http://currencymart.net/images/news/guyana-dollar/2024-05-15/img-zKVUBnle0Rn3CiwcDbMwzJrm.webp)