2024-05-22 Kyat News
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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
1. Understanding the overall trend of the exchange rates
From the given data spanning around 24 hours, it's clear that the exchange rates remained stable at 0.00065. There was no volatility, indicating no increase or decrease during the given timeframe. Therefore, one can infer that there is no overall upward or downward trend in the given set of exchange rates data.
2. Identifying any seasonality or recurring patterns in the changes of exchange rates
Given the data, it's not possible to identify any seasonality or recurring patterns in the exchange rates as the rates remained constant throughout the provided period. Typically, seasonality or recurring patterns would require examination over a longer period (at least one year, preferably more) in order to observe regular fluctuations due to seasonal influences.
3. Noting any outliers or instances where the exchange rate differs significantly
There was no observed variance in the exchange rates through the 24-hour cycle as per the provided data, thus no outliers can be identified. An outlier in this scenario would be a significant deviation from the average of 0.00065. This could typically be due to external factors such as key financial news, global events, etc. However, since the data remained at a constant value, no outliers could be noted.
Please note, this analysis is based purely on the data you provided and does not take into account external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. Furthermore, no forecast was made for future exchange rates based on your instructions.![Stability Reigns Supreme: MMK Exchange Rate Remains Unchanged](http://currencymart.net/images/news/kyat/2024-05-22/img-8b5aCMIrBc5ecoX7LVO95plq.webp)