2024-05-03 Malagasy Ariary News
2024-05-02
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. Overall Trend of Exchange Rates
From the dataset provided, it's evident that the exchange rate value remains constant at 0.00031 throughout the entire observation period. This implies that during the observed period, either there hasn't been significant economic fluctuation to impact the MGA exchange rate, or the dataset itself might be incomplete or requires more information.
2. Seasonality and Recurring Patterns
There appears to be no seasonality or significant recurring pattern in the data because the exchange rate remains constant at every given timestamp. This constancy implies a lack of time-dependent fluctuations that usually indicate seasonality or recurring patterns. Therefore, based on this dataset, it's not possible to identify the presence of any seasonal trends or patterns.
3. Outliers and Unexpected Instances
Given the consistent nature of the dataset – the exchange rate staying at 0.00031 for every timestamp – there appear to be no outliers or instances where the rate significantly deviates from the norm. This scenario indicates a period of very stable exchange rates without any spikes, dips, or unexpected fluctuations. However, without knowledge of the surrounding economic context or complementary datasets, it's difficult to say whether this stability is entirely expected or unusual.
In summary, this dataset reflects a period of complete stability in the MGA exchange rate value. There is no visible trend, either upward or downward, no discernible pattern of seasonality, and no outliers, all of which could indicate significant changes or events. This unusual consistency may warrant further investigation to verify the accuracy of the data and to gain a more contextualized understanding of the economic climate during this time.