2024-04-24 Lempira News
2024-04-23
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 the Overall Trend of Exchange Rates
After analyzing the provided dataset, it can be seen that the exchange rates are relatively stable and experience minor fluctuations over the period shown. Although there are slight shifts in rates, these do not indicate any strong trend towards a significant increase or decrease over time. Most of the values lie between 0.05526 and 0.05566, showing very minimal variance over the period. This suggests that the HNL currency had low volatility during this period.
Identifying Seasonality or Recurring Patterns
Considering the given timeframe of a single day (2024-04-23), it is challenging to identify any seasonality or recurring patterns in the exchange rate data. The day-to-day data is too short to show any seasonal effects or meaningful cyclical patterns that might occur on a weekly, monthly, or yearly basis. Similarly, any micro-patterns within the single day such as effects due to opening or closing of foreign exchange markets are hard to discern given the data. A more extended data period would be required to gain a clearer understanding of these repeating events or anomalies.
Outliers in The Dataset
Throughout the dataset, there were no extreme fluctuations in exchange rates that would suggest the presence of outliers. The exchange rate values are quite compact and do not show unusually high or unusually low rates, indicating that during this single day there weren't any instances where the exchange rate differs significantly from what would be expected based on the trend. Therefore, we can conclude that there were no outliers present in the given time-series financial data.
