2024-05-01 Moldovan Leu News
2024-04-30
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
Looking at the provided data, the exchange rate fluctuates within a relatively small range of around 0.07728 to 0.07805. There is a general upward trend with minor fluctuations as the rate gradually increases from 0.07728 to its peak at 0.07805. However, it is noteworthy that the rate declines slightly towards the end of the dataset, reaching a low of 0.07755.
2. Identifying any seasonality or recurring patterns in the changes of exchange rates
There are recurring patterns in the exchange rate that seem to follow a daily cycle. Typically, the rate increases gradually from the early hours, peaks in mid-day, and then slowly declines towards the late hours. However, these fluctuations are quite minor and the change during a single day is usually around 0.0001 to 0.0003.
3. Noting any outliers or instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality
There don't seem to be many outliers in this dataset. All the hover, there are a few notable points where the exchange rate has a sharper increase or decrease than normal. For instance, there is a sharp increase in the rate around the timestamp '2024-04-30 07:40:02' where the rate increases from 0.07745 to 0.07772. Another example occurs around '2024-04-30 20:00:03' where the rate sharply decreases from 0.07804 to 0.07756. These instances may represent significant market events or releases of financial information but without additional contextual information, it's hard to determine the cause of these fluctuations.