Historic Surge in JEP Exchange Rates as Market Reacts
2024-05-20
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 Exchange Rates
Overall, the exchange rates have shown an increasing trend. The rate started from 1.70865 at the beginning of the series, and ended at 1.71329, which demonstrates an overall positive trend despite some periods of fluctuation. However, the exchange rate movement is quite modest and represents typical financial market volatility.
Seasonality or Recurring Patterns
Identifying seasonality in exchange markets can be quite challenging and this brief overview may not capture the entire picture. From the given dataset for a single day, there don't appear to be any significant regular patterns or intra-day seasonality in exchange rate movement. However, routine patterns could potentially emerge when analysing a more extended dataset containing several months or years of data.
Outliers in the Data
Without detailed statistics or graph, it's challenging to precisely identify outliers just by examining the numbers. However, by observing the provided data, most changes between given timestamps are typically modest and might represent normal market fluctuations. Some larger changes could be seen as potential outliers, for example, when the exchange rate jumps from 1.71207 at 20:05 to 1.71266 at 20:55 and continues to increase to 1.71335 at 21:05. These larger fluctuations might be triggered by specific market events during those times. Further statistical analysis or deeper knowledge about the contextual factors during those periods might provide more insights about these potential outliers.
