Stable HNL Exchange Rates Throughout the Day Show Economic Resilience
2024-04-25
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
Upon examining the data, it is clear that the HNL exchange rate is relatively stable over time. However, it can be observed that there are minor fluctuations in the rate. It starts from 0.05554, hits a peak at 0.05559, and goes down to 0.05531 by the end of the period, which shows a slight descending trend overall. However, the variation from the highest value to the lowest is very small, suggesting that the exchange rate remains relatively stable.
Seasonality or Recurring Pattern Identification
Given the data provided, it is difficult to firmly identify any seasonal trends or patterns. The variables in the data do not appear to change in predictable patterns that repeat for each day, which signifies that there is no intraday seasonality present. However, a more detailed breakdown or longer time frame might highlight some recurring tendencies.
Notable Outliers
As it pertains to this dataset, it does not contain any notable outliers. All the values of the HNL currency exchange from the highest to the lowest are relatively continuous and range between 0.05531 and 0.05559. None of the provided rates diverged significantly from the expected or average rate, thereby suggesting the absence of any obvious outliers. The data is quite tightly packed around a central value, showing little variance, which often implies a lack of outliers.
