2024-05-15 Lilangeni News
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2024-05-14
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. Understanding the Overall Trend of the Exchange Rates
The provided data is essentially a time-series dataset of the SZL exchange rate at five-minute intervals over a single day - May 14, 2024. The general trend shows a slight decrease from 0.0745 at the start of the day to 0.07429 at the end. Despite this slight decrease, the variation overall is minimal, with the exchange rate remaining very close to 0.074 for the entirety of the day.
2. Identification of Seasonality or Recurring Patterns
Given that the data provided is only for one day, it is impossible to identify any seasonality or recurring patterns without more extensive data covering a longer period. This would need to consider daily, weekly, and monthly variations over several years, which the current data does not allow. If such more extended data were available, we could check for weekly seasonality (by comparing the same days of a week), monthly seasonality (by examining the same dates each month), and annual seasonality (if data is available over multiple years).
3. Noticing Outliers in Exchange Rates
Upon investigation, no significant outliers where the exchange rate differs considerably from the average could be noticed. A slight spike was observed around 10:20 with an exchange rate of 0.07433, but it is not substantial enough to be considered a significant outlier. On the whole, the SZL exchange rate seems quite stable throughout the day, with minimal fluctuation. This stability suggests a relatively low volatility in the SZL exchange rate for the given day.
![Steady Decline Punctuated With Slight Recovery in SZL Exchange Rates](http://currencymart.net/images/news/lilangeni/2024-05-15/img-vLJGU7CuCYjLbfqsZ5eDuyQP.webp)