2024-05-03 Kuwaiti Dinar News
2024-05-02
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
Upon examining the data provided, we can observe a relatively low fluctuation within the exchange rates, indicating a reasonably stable market for this particular currency pair (timestamp and KWD) within the given period. Due to the minute-to-minute nature of the data points, minor fluctuations can be observed, but they do not seem to contribute to a significant increasing or decreasing overall trend.
Seasonality or Recurring Patterns
Despite the fine-grained nature of this timestamp data, it seems to lack any pronounced seasonality or recurring patterns at first glance. This observation is somewhat consistent with what we would expect from exchange rate data, especially when considering these rates across such short intervals (every five minutes). Longer periods might show clear patterns or seasonality such as monthly or yearly trends, but these are not discernable at this level of detail within the provided dataset.
Outliers Identification
In terms of outliers, the given data also seems free of significant anomalies. Although sharp rises and falls can be seen throughout, these are common in financial time series data and, in this case, do not appear to be large enough to be considered genuine outliers.
Conclusion
Overall, this analysis shows that the exchange rates for KWD given the timestamps provided throughout the period remained reasonably stable. It can be noted that there were no discernable seasonal patterns or significant outliers. However, a more reliable or broader conclusion may require a deeper analysis, considering factors beyond the scope of data provided here, such as external market factors, opening/closing hours, weekends/holidays, or the release of key financial news and reports.
