2024-05-14 Jamaican Dollar News
2024-05-13
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 Analysis
Based on the provided data set, the JMD exchange rate seems to have remained relatively stable over the observed period. The values fluctuated between 0.00872 and 0.00875, indicating a very marginal change. The lowest observed rate is 0.00872, while the highest rate is 0.00875. This slight fluctuation suggests there was minimal variation during this timeframe and the exchange rate was largely steady.
Seasonality or Recurring Patterns
Upon analyzing the data, it doesn't appear to be any clear seasonality or recurring pattern present. The exchange rate doesn't reveal consistent or repetitive fluctuations at any specific time period during the day. This suggests that the rate stays stable irrespective of the hour of the day. However, a more detailed or granular analysis may be required to conclusively rule out any micro-trends or minute cyclic patterns.
Identification of Outliers
During the period from which the data was captured, no significant outliers (i.e., instances where the exchange rate differs significantly from the established trend) can be seen. Each rate during this timeframe falls within the narrow range of 0.00872 and 0.00875. It shows that the rate did not have any extreme spikes or drops during the period under review.
One possible exception to this could be the rate's minimal drop to 0.00872 at "2024-05-13 04:05:03" and "2024-05-13 04:10:02". Though it is worth noting that this dip is relatively insignificant and the rate quickly returned to the trend range.
