2024-04-19 Kuwaiti Dinar News
2024-04-18
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend Analysis
The given dataset represents timestamps against exchange rates for the KWD currency from the time frame of Apr 18, 2024 to Apr 18,2024. An initial general view of the data shows a slight degree of volatility, with the exchange rate floating between approximately 4.459 to 4.476. These fluctuations might be due to economic factors playing out in this particular period. However, the general trend leans towards stability, without large changes or sharp spikes in the numbers.
Seasonality and Recurring Patterns
Keeping in view the short time frame of the dataset, it is challenging to identify significant recurring patterns or seasonality in the data. However, the slight fluctuation in exchange rates seems to indicate the typical ups and downs associated with the forex market's nature.
Identification of Outliers
As for outliers in the data, the most prominent ones are when the exchange rate drops to around 4.459 and when it rises to approximately 4.476. These moments are notable due to them being the lowest and highest points, respectively, in the provided dataset. It's worth mentioning that these points do not significantly deviate from the rest of the values and hence may not be classified as unusual activities but rather standard market fluctuations.
Please note that these findings are derived purely based on the dataset provided, without taking into considerations various other factors that typically influence the forex market such as geopolitical activities, economic indicators, market opening/closing hours, weekends/holidays or the release of key financial news and reports. These factors introduce additional volatility and unpredictability into currency exchange rates.