2024-05-21 Lempira News
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2024-05-20
Summary of Last Month
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Analysis of the Provided Dataset
The provided dataset is clean and is quite comprehensive. It covers exchange rates at different timestamps (specifically, every 5 or 10 minutes) within a day of May 2024.
Overall Trend of Exchange Rates
The overall observed trend typically stays consistent in the data set. From 00:00 till approximately 01:20, the exchange rate stays stable at 0.05512, after which we notice a slight increase happening at every next timestamp, reaching up to 0.05518 at around 02:20. This is followed by a gradual decrease in exchange rate until 06:20 when it drops to around 0.05507. This rate fluctuates slightly till 09:00 after which it starts to dip slightly, dropping till 0.05499 by 09:10. The rates then again rise and stabilize around 0.05506 till about 13:00. Thereafter, the rates fall slightly till 16:35 after which there is another increase and then stability till the end of the dataset around 0.05513.
Seasonality and Recurring Patterns
Regarding seasonality, given that the data spans a period of only one day, it's challenging to identify seasonal patterns. However, based on the available data, we can note that there seems to be a recurring pattern within the day as the rates peak around every five hours and then going downwards. The pattern is more noticeable in the morning and afternoon rates.
Outliers in The Dataset
In terms of outliers within this dataset, there doesn't seem to have any noticeable instances where exchange rates differ significantly from the overall trend. However, the two key points which deviate from the general trend line and can be considered as minor fluctuations are around 09:00 and 16:35.
Please note that this analysis is purely based on the available dataset and does not take into account other external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports.
![Consistent Rise in HNL Exchange Rate Captures Attention in Financial Market](http://currencymart.net/images/news/lempira/2024-05-21/img-bBc4o9XfaYGJSabHVrn8nKGk.webp)