2024-05-16 Iraqi Dinar News
2024-05-15
Summary of Yesterday
- 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
For the given period, between 2024-05-15 00:00:02 and 2024-05-15 23:55:02, the IQD exchange rate seems to have remained relatively steady. This rate stood at a consistent 0.00104 for the majority of the period.
However, a slight increase in the rate was observed starting from 2024-05-15 20:50:03, where the exchange rate rose to 0.00105. This higher rate continued until the end of the period but did alternate back and forth with the original rate towards the end which might indicate some slight volatility during that specific period.
2. Seasonality or Recurring Patterns
An analysis of the given data doesn't reveal any discernible seasonality or recurring patterns within this short timeframe. The rates appear to stay fairly constant without any regular cyclical fluctuation. However, a more definitive analysis might require longer-term data.
3. Outliers in Exchange Rates
Most of the IQD exchange rates appear consistent throughout the data; however, there is one instance where the rate momentarily increased. On 2024-05-15 20:50:03, the exchange rate increased from 0.00104 to 0.00105, making this point an outlier in the context of the given dataset. Additionally, the rate returned to 0.00104 at several points after the increase, notably at 2024-05-15 21:40:02 and 2024-05-15 21:55:02. These could also be considered as notable changes deviating from the general trend observed during this period.
It should be noted that these are temporary deviations and they don't necessarily imply a change in the overall stable trend observed for the majority of the period.