2024-05-17 Lempira News
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2024-05-16
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. Trend Analysis
After carefully going through the provided dataset, it is observed that the exchange rates have remained fairly stable over the time period covered. The majority of the rates fluctuate in very minute margins around the 0.055 range. However, there are a couple of significant spikes, notably around the timestamp labeled '2024-05-16 22:10:02', where the rate jumps to 0.07365 and stays around that mark for a brief period before dropping back to the earlier range.
2. Seasonality Analysis
In terms of recurring patterns or seasonality, the provided data doesn't show any clear indication due to the relatively short time span covered and the minute differences between the rates. In other words, no clear seasonal trend could be identified in the exchange rates for this data.
3. Outliers
There are two notable outliers within the dataset, where the exchange rate shoots up to around 0.073 values - contrasting sharply with the majority of the readings that hover around 0.055. The first occurrence is '2024-05-16 22:10:02' while the second is at '2024-05-16 22:40:02'. There doesn't appear to be an immediately obvious reason for these spikes based on surrounding data and as the instruction mentioned not considering external factors. It could have been an influence from factors outside the dataset, such as sudden market news or a strong buyer/seller in the market.
Other Observations
Few other observations are drawn from the data. The exchange rate generally shows slight increases during the first half of the time span, from '2024-05-16 00:00:02' to '2024-05-16 06:25:02'. After this, the rate seems to stabilize and then starts dropping slightly until around '2024-05-16 10:20:03'. It then remains relatively stable for quite a while before the high spikes occur, as mentioned above in the outliers section.
In summary, the general trend for this data set is a slight increase followed by slight decrease before steadying, with two notable spikes that break the trend. There's no clear seasonality seen in the data, and there are no visible effects of common patterns like time of day on the exchange rates. The outlier spikes suggest possible external influences.
![Unexpected Surge of the HNL Exchange Rates during Late Night Hours](http://currencymart.net/images/news/lempira/2024-05-17/img-wcN3pJpLasX3QGLAAfqjuSKV.webp)