2024-03-12 Kina News
2024-04-23
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Overall Trend of the Exchange Rates
Observing the dataset, the PGK exchange rate shows some degree of volatility, fluctuating between the lowest at 0.35934 and the highest at 0.36138 throughout the specified time period. However, there doesn't seem to be a clear increasing or decreasing trend in the exchange rate when looking at the entire period. Despite the fluctuations, the rates generally stabilize around 0.3607. However, this doesn't represent a clear upward or downward pattern in the values; rather, it seems to evidence the volatile nature of the exchange rate over the time period.
2. Seasonality or Recurring Patterns
The exchange rates show slight evidence of a daily cycle, with certain times consistently showing higher or lower values. However, these patterns do not appear to be strong enough to establish a clear seasonal trend. A deeper analysis with more extensive data might reveal more nuanced seasonal patterns.
3. Outliers in the Data
At a quick glance at the data, no significant outliers or abnormal values are immediately evident. Most of the values in the dataset are consistently around the average of 0.3607. However, when looking at the data at a more detailed level, there may be individual periods with higher than usual volatility. It's worth noting that in the context of exchange rates, what might initially seem like small fluctuations can actually represent significant changes when dealing with large volumes of transactions.
Unfortunately, without more detailed analysis tools or additional data, it's not possible to confidently identify or explain these potential outliers. In order to gain a more accurate understanding of the data, it may be helpful to instead examine them in the context of specific events, market conditions, or time periods which could potentially explain the observed fluctuations.
