2024-05-14 Kina News
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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
Data Analysis Results
The analysis of the provided dataset reveals several characteristics of the exchange rate (PGK) changes over time.
1. Overall Trends
The general trend of the exchange rates shows relatively mild fluctuations. There doesn't appear to be a strong increasing or decreasing trend within the provided timestamp. Instead, the rates oscillate with minor periodic variations over time, suggesting some element of stability in the rates.
2. Seasonality or Recurring Patterns
In terms of seasonality or recurring patterns, no easy-to-discern seasonality is observed in the data (hourly, daily, etc). Again, this may be due to the reality that the dataset provided covers a short period of time. With more substantial historical data (preferably covering multiple years), detailed trend analysis, including seasonality detection, could become feasible.
3. Outliers
Inspection of the exchange rates doesn't show any significant outliers. The rates appear to remain within the same relative range. However, without additional context or indication of what constitutes an expected range of rates, this is a preliminary observation. Exceptional peaks or troughs, which could indicate a significant event affecting exchange rates, are not evident in the data.
Note: Although the analysis did not consider external factors like market closing/opening hours or the release of key financial news and reports, these factors could significantly affect exchange rates. Understanding these could provide a fuller picture of the currency's behavior.
Finally, as per the request, no forecast for future rates has been generated. The above analysis strictly observes the existing data.
![Peak of PGK Exchange Rate Witnessed During Mid-day Trading](http://currencymart.net/images/news/kina/2024-05-14/img-4oI8upI1f7OZccfjOl7ykzxM.webp)