2024-05-17 Kina News
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2024-05-16
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
The overall trend of the PGK exchange rate in the dataset seems to show slight fluctuation but generally remains stable. It starts at 0.35275 and ends at 0.35113. The exchange rate has numerous minuscule ups and downs throughout the dataset but does not indicate a strong persistent trend in any one direction, indicating market volatility.
Identifying any seasonality or recurring patterns in the changes of exchange rates
Given the limited scope of the dataset (spanning only a single day), it is challenging to identify seasonality or substantial recurring patterns. Several instances within the day show some degree of repetition; however, these are likely coincidental tendencies rather than seasonal patterns, which typically require a longer time span to become evident. A more extended dataset covering multiple months or years might provide a clearer view of any seasonal trends.
Noting any outliers
Within this dataset, two outliers of immediate notice happen at timestamps 2024-05-16 06:25:02 and 2024-05-16 22:05:02. At 2024-05-16 06:25:02, the exchange rate drops significantly from 0.35339 to 0.35109. Similarly, at 2024-05-16 22:05:02, the exchange rate sees a rise from 0.35063 to 0.35118. These are unusual changes relative to the usual slight fluctuations observed throughout the rest of the dataset.
These outliers might result from certain high-impact events or anomalies in the trading activities during these times. However, without additional external data or context, it's difficult to ascertain the precise reason for these deviations.
![Intense Fluctuation Hits PGK Exchange Rates Over 24 Hours](http://currencymart.net/images/news/kina/2024-05-17/img-qcMnmhTAcPEXx4P2fYSHOIM7.webp)