2024-04-23 Lilangeni News
2024-04-22
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
Understanding the Overall Trend
After reading through the provided time series data of the SZL exchange rate, it can be noted that the rate generally fluctuates around 0.071-0.072. The magnitude of these fluctuations is small, generally not exceeding 0.0005 on each move, thus it can be concluded that the SZL exchange rate over the given period is somewhat stable, with no clear increasing or decreasing trend.
Uncovering Seasonality
Upon analyzing the patterns within the exchange rate data, no clear intra-day or daily repeatable pattern (seasonality) is evident. The data presents a more random walk, but this could be due to the fact that many influencing factors determine the foreign exchange rates. Further analysis with additional data (other currencies, macroeconomic factors) may be required. This conclusion is based on the limited provided data and might not hold for a different time period.
Identifying Outliers
In the given dataset, there were no significant outliers or extreme values observed. This indicates that there were likely no sudden, unexpected events causing dramatic swings in the SZL exchange rate during this period. However, it should be noted that the absence of outliers in this dataset does not negate the possibility of their occurrence in the future, as exchange rates can be affected by numerous unpredictable factors.
Note: The analysis is purely descriptive and based on the historical data provided. No predictive analytics were applied and no future forecasts were made. Also, this analysis did not consider the external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports.
