2024-04-22 Leone News
2024-04-21
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
Understanding the overall trend of the exchange rates
From the timestamped data provided, it is evident that the exchange rate of SLL remained constant at 6.0E-5 from 2024-03-22 to 2024-04-14 over different timestamps. However, starting from 2024-04-15, there has been an apparent increase in the exchange rate value, elevating to 7.0E-5 and maintaining that rate till the end of the provided data series. Thus, based on the data given, overall, the exchange rates are generally stable but with a significant increase noticed from the 15th of April, 2024.
Identifying any seasonality or recurring patterns in the changes of exchange rates
Regarding seasonality or recurring patterns, it is tough to determine any cyclical change over time, due to the relative stability of the exchange rates presented for the most part of the time-series data. The data shows no indications of daily or monthly patterns based purely on the numerical data. The significant increase observed on the 15th of April, 2024 might suggest a potential pattern but it's hard to ascertain without further data. The majority of the time, the rate is constant and shows no specific recurring pattern.
Noting any outliers, or instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality
Since the exchange rate held constant at 6.0E-5 for a considerable period, the sudden increase to 7.0E-5 starting from 2024-04-15 registers as an outlier in this dataset. Moreover, this shift in exchange rate represents a significant deviation from the previously noted trend of stability without any obvious pattern.
In conclusion, even though the exchange rates depicted a general trend of stability, one substantial shift was observed towards the end of the dataset, which could signify the end of that stability period. However, without considering any specific external factors or events impacting these rates, it's challenging to conclusively determine the cause of this change or predict any potential patterns for future rates.