2024-05-21 Kina News
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2024-05-20
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
Overall Trend Analysis
Analysing the dataset provided, it is visible that the overall trend of the PGK exchange rates is irregular. There are visible fluctuations in the exchange rates, and these changes do not follow a specific, consistent, and noticeable pattern. The exchange rates seem to mostly fluctuate within a narrow range over the periods shown, indicating a somewhat stable rate condition. However, there is no clear overall trend towards a general increase or decrease in the exchange rates throughout the time period.
Seasonality and Recurring Patterns
For the second objective, it's challenging to identify any clear seasonality or recurring in the rate changes from the data given. The PGK exchange rate changes appear to be mostly random and not following a predictable repeating pattern at this level of granularity. This lack of clear patterns could be due to a number of factors, such as the influence of unpredictable market conditions or the impact of various international financial events that were not considered in this analysis.
Outliers Analysis
As for outliers, the exchange rate at '2024-05-20 16:30:03' stands out considerably where the rate jumped to 0.35669 from 0.35055, an increase of more than 0.006, which is significantly larger than the rate changes observed at other times. This could indicate some unexpected event or error during this time. Apart from this, the data seems to have few other potential outliers.
In conclusion, while the data shows some very minor fluctuation in the PGK exchange rates, it's mostly stable and no clear or significant trend, seasonal pattern, or overtime changes are observed.
![Unpredictable Exchange Rate in PGK Reflects Heated Market Conditions](http://currencymart.net/images/news/kina/2024-05-21/img-osvY2GGmsq0P6vxIHH0rgLL2.webp)