2024-05-03 Kenyan Shilling News
2024-05-02
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend Analysis
The overall trend of the KES exchange rate from this data appears to be largely stable from the beginning of the dataset to the end. The exchange rate started at 0.01016 on the first timestamp and ended slightly lower at 0.01012 on the final timestamp. With some slight fluctuations occurring throughout the timespan, the exchange rate was relatively constant, showing no clear trend of consistent increase or decrease. The comparatively minor changes throughout indicate stability in the KES exchange rate over the observed period.
Seasonality Analysis
In an initial examination of the data, there doesn't appear to be clear evidence of seasonality or recurring patterns in the exchange rate changes based on the timestamps. The exchange rate doesn't show consistent fluctuations that repeat at regular intervals throughout the dataset. However, a more detailed investigation using dedicated time series analysis techniques and software could potentially reveal subtle seasonal patterns not immediately apparent with this preliminary analysis.
Outliers Analysis
Within the context of this dataset, the term 'outliers' would refer to any exchange rate values that significantly deviate from the majority of the data. Given the stable nature of the rates throughout the observed period, any rate that differs significantly could be considered an outlier. From a brief look at the dataset, no clear outliers were identified, as the exchange rate stayed within a small range and didn't record any extreme spikes or dips.
In summary, the KES exchange rate remained relatively stable throughout the provided timespan, with no clear trend or seasonality apparent in the data. A more profound analysis could potentially reveal more patterns or irregularities. However, based on the provided data, the above points summarize the primary observations.
