2024-05-15 Kenyan Shilling News
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2024-05-14
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Understanding the Overall Trend of the Exchange Rates
Based on the provided data, the overall trend of the KES exchange rate appears to be relatively stable throughout the day. The exchange rate fluctuates between approximately 0.0104 and 0.0105 without any significant increases or decreases. This suggests that there is a level of consistency in the currency market during this period.
Identifying Seasonality or Recurring Patterns in the Exchange Rates
Regarding seasonality or recurring patterns, the data does not seem to indicate any explicit pattern. The fluctuations between the high and low exchanges rates seem to occur throughout the day, regardless of the hour. This implies that the market isn't particularly influenced by the time of day or a specific season. More data would be needed to determine if there are monthly or yearly seasonal variations.
Noting Any Outliers in the Exchange Rates
The data appears to contain no significant outliers. The exchange rate consistently stays within the relatively small range mentioned earlier. There are no instances of the rate differing significantly from the general trend, suggesting a somewhat stable market during this timeframe. There are no drastic increases or decreases that would represent potential anomalies or outliers.
![KES Exchange Rates Undergo Minimal Fluctuations Despite Constant Activities](http://currencymart.net/images/news/kenyan-shilling/2024-05-15/img-fZ3nykmFr0UFR8ghuWeHSEFi.webp)