2024-04-22 Lari News
2024-04-21
Summary of Last Week
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
According to the provided time series data, here is the comprehensive analysis:
1. Overall trend of the exchange rates
Looking at the values of the GEL exchange rate, it appears to be an upward trend, meaning the value generally increases over the period. This is indicated by the rate value of 0.50042 at the start of the period on 2024-03-22, and 0.51563 at the end of the period on 2024-04-19. Although there are minor fluctuations in the rate at different timestamps, the overall picture suggests a consistent increase in the exchange rate value.
2. Seasonality or recurring patterns in the changes of exchange rates
Due to the fact that the provided dataset only covers a short period of around a month and lacks any clear annual or seasonal timestamps (for example, it doesn't show the same dates across multiple years), it's difficult to ascertain any seasonal or recurring patterns. The data would need to be over a more extended time period, preferably over several years and with comprehensive daily values, to confidently detect annual or seasonal fluctuations.
3. Outliers of the exchange rate
From the provided data, there appears to be a significant drop in GEL on 2024-03-25 at 16:00:02, where the exchange rate falls to 0.49661 from the previous value of 0.5028. This is a noticeable deviation from the overall upward trend and can be considered an outlier. Another instance is at 2024-03-28 22:00:02 where it suddenly drops to 0.49459 from 0.49994 before immediately rebounding to 0.5034 at the next timestamp. However, judging outliers would require a more systematic approach, possibly using statistical analysis techniques to calculate standard deviation or interquartile ranges.
