2024-04-22 Lek News

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

1. Overall trend of the exchange rates

The overall trend of exchange rates can be understood by plotting the data on a line graph and analysing the direction of the trend line. The upward or downward slope of the trend line will indicate incresing or deecreasing trend and a flatter line will indicate a stable trend. Without the specific analysis software or code, I could provide an observation on only raw numbers. By looking at the raw data, it appears that the exchange rates are relatively stable over time, hovering around the 0.0143 - 0.0146 range for the majority of the timestamps provided.

2. Seasonality or recurring patterns in the changes of exchange rates

Determining seasonality or recurring patterns require robust statistical analysis with tools like autocorrelation. However, without such tools, I observe the data, it would be a challenge to pinpoint any clear patterns or seasonality based solely on this raw exchange rate data. The absence of clear patterns in the raw data does not necessarily mean that no patterns exist, but they might be difficult to recognise without further statistical analysis.

3. Outliers in exchange rates

Outliers can be identified as values which diverge significantly from the majority range of values. In this dataset, the value of 0.01408 at timestamp 2024-03-27 16:00:02 stands out as being particularly low compared to the majority of the data points which range between approximately 0.0143 and 0.0146. Similarly, 0.01461 during the time 2024-04-10 14:00:03 could possibly be an outlier on the higher end. However, identifying outliers precisely would typically require a more detailed statistical analysis.

Please note that this analysis is based on a simple observation of the raw data in the dataset provided and should not replace a more detailed, statistically robust analysis using appropriate financial analysis software or coding language.

ved The ALL currency exchange rate has seen a moderate decline over the course of two weeks, according to recent financial data. The review of the detailed data demonstrates the ALL exchange rate has experienced a slight downtrend from March 22 to April 19, 2024. The exchange rate initiated at 0.01433 and ended at a lower value of 0.01445 in this timeframe, suggesting a subtle fluctuation in the market''s health. While the decline was not drastic, any change in the exchange rate, especially a downward shift, can have significant implications for those involved in cross-border transactions. It''s critical for businesses and individuals to keep a keen eye on these patterns to anticipate and prepare for potential impacts on their financial situations. The time series data indicates a gentle volatility pattern, with small ups and downs during the observed period. Although a consistent upward or downward trend was not evident, the general inclination appears to be negative. The highest noted exchange rate during this period was 0.01461, while the lowest was at 0.01406, signifying minor fluctuations. The fluctuation in the ALL exchange rate reflects shifts in demand and supply forces in the Foreign Exchange Market. Such shifts typically result from changes in interest rates, inflation, and political stability. The observed decline may signify an increase in supply or a decrease in demand for the ALL currency in the global market. The minor decline could have been driven by several factors like a dip in economic indicators, increasing inflation, or a surge in political risks. It could also be due to investors'' sentiment or market speculations, which often play a substantial role in dictating the direction of currency movement. The ALL currency''s subtle depreciation may create economic repercussions, especially for businesses engaged in importing goods. It could lead to increased prices due to a relative fall in currency value, potentially fueling inflationary pressure. Looking ahead, the market''s focus should remain on any potential shift in economic indicators or geopolitical concerns that could further influence the ALL exchange rate. Keeping a close eye on these dynamics is crucial for investors, businesses, and individuals to make informed financial decisions. In summary, while the TWO weeks showed a minor downturn in the ALL exchange rate, understanding why these changes occur and anticipating future currency movements is integral for economic planning and mitigating potential financial risks. Therefore, monitoring these trends and considering their potential impacts remains paramount for those involved in financial planning or cross-border transactions.Slight Decline in ALL Exchange Rate over Two Weeks Observed

Current Middle Market Exchange Rate

For information purposes only.