2024-03-12 Iranian Rial News
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
Analysis of the provided dataset
The provided dataset contains timestamped exchange rates (IRR) for a certain period. However, based on the data provided, the exchange rate remains constant at 3.0E-5 across all timestamps. This analysis assumes that the data provided is accurate and that the right dataset was given for the task.
1. Understanding the overall trend of the exchange rates
Given that the exchange rate remains constant throughout all timestamped entries at a rate of 3.0E-5, it can be asserted that the overall trend is stable. There is no increase or decrease observed within this particular dataset.
2. Identifying any seasonality or recurring patterns in the changes of exchange rates
For any seasonality or patterns to be noted, there has to be some change or variation across the data points over a period. Considering the provided dataset, as the exchange rate does not change at all, it is not possible to establish any seasonality or recurring patterns.
3. Noting any outliers in the exchange rate
An outlier would be an instance where the exchange rate significantly differs from the rest of the data points. Given that every single data point in this dataset has the same exchange rate of 3.0E-5, there are no outliers present.
Overall, without any volatility in the exchange rate over time, one might conclude that factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports have no influence on the exchange rate within this specific period.
Final Remarks
The absence of change in this data may indicate that the dataset provided might not be the representation of a typical foreign exchange market scenario where rates change frequently over time. Alternatively, it could depict a period of extreme stability for the concerned rate, which is scarce in currency markets. In either case, the given dataset shows no variation, trend, seasonality, or outliers based on the exchange rate's uniformity.