2024-05-17 Kwanza News
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2024-05-16
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Overall Trend Assessment
Based on the given data, the overall trend of the AOA exchange rate from 2024-05-16 00:00:02 to 2024-05-16 23:55:01 is relatively stable. Initially, the exchange rate was 0.00162 and it stayed constant until it reached 0.00163 at 2024-05-16 00:15:02. The exchange rate did not fluctuate dramatically and was mainly stable at the level of 0.00163 most of the time. Only at 2024-05-16 09:35:03 did the exchange rate dropped to 0.00161 and continued to stay at that level for a while until it increased back to 0.00163 at 2024-05-16 10:20:03. The exchange rate remained at 0.00163 for a relatively long period after that. The rate dropped again to 0.00161 at 2024-05-16 14:10:03 and stayed there until it dropped further to 0.00160 from 2024-05-16 22:30:02 to 2024-05-16 23:55:01.
2. Seasonality or Recurring Patterns
Due to the limited timeframe of the given dataset (approximately one day), the seasonality or recurring patterns of the exchange rates are difficult to assess using only this information. However, there appears to be minor fluctuations in the exchange rate occurring at certain intervals of time. Other than these fluctuations, no distinct pattern or seasonality can be identified with the given data.
3. Outliers
From the given dataset, there appear to be few outliers or instances where the exchange rate fluctuates significantly from the prevailing rate. The few instances at 09:35:03, 10:20:03, 14:10:03 and 22:30:02 could be considered as minor deviations from the trend. However, these are not major outliers as they don't differ significantly from the general trend.
![AOA Exchange Rate Flaunts Remarkable Stability Amid Market Flux](http://currencymart.net/images/news/kwanza/2024-05-17/img-0USXbI1KqVdxgpXLmu1qpGvm.webp)