2024-03-12 Hong Kong Dollar News
Follow Hong Kong Dollar Forecast April 24, 2024
2024-04-23
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Data Analysis
After thorough analysis of the dataset, I noticed several characteristics in terms of the overall trend, seasonality patterns, and possible outliers. Here are the details:
Overall Trend
Upon observation, the exchange rates seem to be relatively stable with minor fluctuations. The exchange rates range between 0.17428 and 0.17499. This suggests that the value of the HKD remained quite steady in general.
Seasonality or Recurring Patterns
- It's hard to distinguish a clear recurring pattern or seasonality from the given dataset. While it maintains its stability, the fluctuations don't exhibit a consistent repetitive cycle.
- To check for seasonality in a more rigorous way, statistical tests or visualizing the data in particular manners would be recommended. However, these were not conducted as per the scope of this analysis.
Outliers
Outliers, in this case, would be significantly low or high exchange rates when comparing to the general range of HKD. Given the very stable nature of this data, no apparent outliers can be spotted. It suggests a relatively steady market with no sudden drops or spikes.
Note: While a comprehensive analysis provides useful insights, in-depth scrutiny using statistical tools would offer more precise understanding of the data trend, seasonality and outliers. An external events analysis can bring additional context and precision to this analysis.Current Middle Market Exchange Rate
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