2024-04-16 Jamaican Dollar News
2024-04-15
Summary of Last Month
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend of the Exchange Rates
On an overall level, the exchange rates for JMD appear to maintain a certain level of stability throughout the provided dataset. There are minor fluctuations, but the rate predominantly hovers around 0.00888. There isn't a consistent or pronounced increase or decrease in rates during this analyzed period.
Seasonality and Recurring Patterns
The given dataset doesn't exhibit any clear indicators of seasonality or recurring patterns. Since the rate mostly remains stable, no cyclical patterns in rate changes seem present. But, remember that trends and seasonal patterns can sometimes be clearer over longer periods than depicted in this dataset, or might be influenced by factors not included in the dataset.
Outliers in the Dataset
Upon inspection, the dataset doesn't seem to contain significant outliers. Most changes in the rate are minor and don't depart from the dominant range. It's crucial to note that understanding of 'outliers' may vary, and a deeper analysis may be needed to flag any substantial deviations based on broader financial context.
Note:
This analysis is derived explicitly on the basis of the number patterns present in the data and does not take into account any potential external factors that may influence the exchange rates. Generally, these factors may include market opening/closing hours, weekends/holidays, release of key financial news, and reports, among others. However, the directive was to not consider these elements. Therefore, they have been excluded from this analysis.