2024-05-09 Mexican Peso News
2024-05-08
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 span over a single day. From an initial inspection of the data, the exchange rates seem to undergo slight fluctuations but without any clear or significant overall upward or downward trend. There are minor rises and falls throughout the day, with the value seeming to hover around 0.081. Any definitive statement regarding the trend of the exchange rates would require an analysis over a longer data set, ideally covering several months at least.
2. Identifying any seasonality or recurring patterns in the exchange rates
As the dataset only spans across one day, it's impossible to determine any seasonal trends or patterns. Seasonality usually pertains to consistent patterns in data that occur over the span of a year, so this dataset is not suitable for such an analysis. However, within this 24-hour period, no definite recurring patterns are immediately discernible. The exchange rates seem to fluctuate between 0.08097 to a high of 0.08148 over the day, and those fluctuations don't seem to adhere to a predictable pattern within this isolated timeframe.
3. Noting any outliers in the exchange rates
A glance at the dataset does not reveal any significant outliers—instances where the exchange rate differs dramatically from the trend. The values don't demonstrate any drastic jump or dropdown, and all the rates lie between 0.08097 and 0.08148. The fact that the rate mostly hovered around 0.081 with minimal variations suggests a relatively stable day without significant shocks or surges that could produce outliers.