2024-04-22 Iraqi Dinar News
2024-04-21
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
Overview of the trend in exchange rates (IQD)
The overall trend shows a slight fluctuation in the value of the exchange rates. It is noted that the value ranges between 0.00103 and 0.00106. From an overall perspective, there seems to be a mild increasing trend in the exchange rate from 0.00103 to 0.00106. However, the rate appears to fluctuate quite frequently between 0.00104 and 0.00105. In general, fluctuations are rather minimal, suggesting a certain level of stability in the exchange rate over this specific period.
Identification of Seasonality and Recurring Patterns
Given the data provided, it is hard to definitively identify any clear seasonality or recurring patterns within the exchange rate changes. The fluctuations appear to be random rather than following a predictable pattern over specific intervals. More targeted, granular analysis would be required to detect any potential micro-trends or recurring patterns on a daily or hourly scale, for example. Such in-depth analysis could reveal nuances that aren't immediately apparent in the broad overview.
Notable Outliers in the Exchange Rates
Throughout the given period, the exchange rate generally varies somewhat predictably within a narrow band. However, there are a few instances where the exchange rate deviates from this pattern. On 2024-04-10 and 2024-04-11, the rate increases to 0.00105, which is slightly higher than the general trend. Similarly, on 2024-04-16, the rate goes up to 0.00106, presenting another outlier. These instances suggest a degree of volatility in the exchange rate notwithstanding the relatively stable overall trend. It's worth noting these fluctuations as they might indicate larger market forces at play that are beyond the scope of this dataset.