2024-05-10 Moldovan Leu News
2024-05-09
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend of Exchange Rates
An initial overview of the MDL exchange rates, over the period represented in the data, appears to be generally stable. The rates fluctuate between approximately 0.07735 and 0.07779, which is a notably narrow range. Despite some small variations, there is no clear trend of continuous increase or decrease over this period.
Seasonality or Recurring Patterns
An in-depth analysis of the dataset does not reveal any distinct seasonality or recurring patterns in the variation of the exchange rates. The fluctuations seem to be random rather than following a particular cycle or trend that repeats itself over the time span covered by the data. That said, this claim can only be conclusively confirmed with the application of more detailed time-series analysis techniques like autocorrelation plots or Fourier transformations.
Identification of Outliers
The dataset does not appear to contain any major outliers. An outlier in this context would imply a sudden and substantial deviation from the range within which the majority of the data points lay. All MDL exchange rates in the dataset remain within a close range to each other, and no single data point or set of data points seem to differ significantly from the overall trend.
It is important to note that a more precise methodology could be applied for outlier detection, such as the Z-score method or the IQR method. However, this requires additional computations beyond the basic observations.
Additional Remarks
Note that the analysis conducted is a basic one, examining the general traits of the data's distribution, but does not take into account the possible impacts of specific events or the potential influence of external factors. It also does not generate any forecast for future exchange rates, as per the given requirements.