2024-04-22 Malagasy Ariary 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
Comprehensive Analysis of Provided Dataset (MGA Exchange Rates)
1. Understanding the Overall Trend of the Exchange Rates
From a cursory glance at the data, there appears to be a relatively stable trend in the MGA exchange rate from 2024-03-22 to 2024-04-19, hovering around 0.00031 for the majority of the time. The exchange rate did not vary on a day to day basis, but a slight increase to 0.00032 was noticed on two distinct dates; 2024-04-15 and 2024-04-18. This could warrant further examination to understand if any recurring patterns exist.
2. Identifying Seasonality or Recurring Patterns
Making sense of seasonality or recurring patterns with the provided timestamps is difficult due to the extensive volume of data and the seemingly random changes in time intervals. However, a slight increase in exchange rates was noticed on two dates - 2024-04-15 and 2024-04-18; this needs further investigation to fully confirm if there's a predictable pattern.
3. Outliers in the Exchange Rates
The majority of the MGA exchange rates hover around 0.00031, according to the provided timestamp data. Any rate that deviates from this standard might be considered an outlier. In this particular dataset, the instances where the exchange rate increased to 0.00032 could be considered outliers, since those rate values deviated from the prevalent rate of 0.00031, that appears to be the mode.
Summary
In summary, the MGA exchange rate appears to be primarily stable over time. The most prevalent rate of 0.00031 is observed in the dataset, with minor deviations. There were a couple of instances where the rate increased slightly to 0.00032, potentially indicating an event or pattern that could be subject to further investigation. It's important to state that this analysis is limited by the absence of external factors like market opening/closing hours, and weekends/holidays, or the release of key financial news and reports. All these could have significant impact on the behavior of exchange rates.