2024-05-22 Kuwaiti Dinar News
2024-05-21
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 of the exchange rates
From a preliminary analysis of the data, the KWD exchange rate appears to be fluctuating throughout the day in a relatively volatile manner, with no clear overall positive or negative trend. It means that the rates neither generally increase nor decrease during the specified period. They seem to be quite stable considering the overall period. However, a more detailed time-series analysis might reveal smaller term trends within this data.
Seasonality or recurring patterns in the changes of exchange rates
With the provided data, it's problematic to identify a recurring pattern or seasonality definitely. The reason is, time-series data seem to be intra-day, meaning the data set reflects changes within several days. Any daily seasonality within these exchange rates wouldn't be detected unless data for multiple days were available at corresponding time periods. Thus, at this point, no decisive statement on seasonality can be provided based only on this data.
Outliers in the exchange rates
There are a few instances where the exchange rate seems to fluctuate beyond the general range. For example, the rate jumps from about 4.43766 at 07:15:02 to 4.44608 at 07:35:03 and then to 4.45028 at 07:40:03 on 2024-05-21. These can be considered as potential outliers. However, to identify them definitively, a statistical analysis using techniques such as Z-score or IQR method is needed.