2024-05-15 Kyat News
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2024-05-14
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Understanding Overall Trend:
The provided dataset indicates that the exchange rates (MMK) remains steady throughout the entire duration. The rate stands at a constant 0.00065 for the period in consideration which does not change. This suggests a remarkably stable exchange rate for the duration in consideration.
Seasonality and Recurring Patterns:
Given the constant exchange rate throughout the entire period, it is challenging to identify any recurring patterns or seasonality in the exchange rates. This indicates that the exchange rate isn't influenced by or isn't exhibiting any known cyclical, seasonal trends within the period. It might also suggest a robust exchange market control mechanism is in place that maintains the rate's stability.
Outliers Identification:
As the exchange rate is constant all the time in this dataset, there are no outliers or abrupt changes in the exchange rate over the given period. This might signify efficient market volatility controls or absence of any significant economic events impacting the exchange rates for the timestamp period.
![Unwavering MMK Exchange Rate Defies Market Expectations](http://currencymart.net/images/news/kyat/2024-05-15/img-xrdU0TXB2VlyjoMLRjfpZbLr.webp)