2024-04-23 Kuwaiti Dinar News
2024-04-22
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
1. Overall trend Analysis
The overall trend of the exchange rate for the given time series data shows a slight increase. The initial value was 4.45177 and towards the end, the value settled at 4.44336. Although the figure showed fluctuation during the period, an overall slight increase in the exchange rate can be observed.
2. Identification of Seasonality or Recurring Patterns
Concerning the seasonality or recurring patterns, it appears that the data does not follow a distinct seasonal pattern. The variations in the exchange rates are more random than cyclic, suggesting that the rates are more likely influenced by a multitude of factors, which cannot be determined solely based on the data provided.
3. Outliers and unexpected exchange rates variations
Regarding the outliers, it is quite challenging to identify them with precision without a visual representation or statistical analysis. However, some instances where the value significantly differed from its neighboring data points might indicate potential outliers. For example, the sharp increase from 4.45208 to 4.45565 that occurred within a 5-minutes interval on 2024-04-22.
In summary, the exchange rates displayed a slight upward trend over the mentioned period. Although it was difficult to recognize any clear seasonality or cyclical patterns in the exchange rates, some points made noticeable leaps, possibly due to various external factors not taken into account in this analysis.
