2024-03-12 Moroccan Dirham News
2024-04-23
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 the Exchange Rates
In analyzing the dataset, it's evident that the exchange rates exhibit a volatility, with fluctuations between minor bounds (0.13454 and 0.13539). Primarily, an upward trend can be noticed from the beginning where the rates start at 0.13519 up until near the end of the dataset where they rise up to 0.13539. However, the rates witness a substantive decrease in the middle, as they drop down to 0.13454 before ascending once again. Hence, the rates generally follow a trend of micro fluctuations within a large upward trend.
Seasonality and Recurring Patterns
The dataset doesn’t seem to reflect a clear seasonality or a recurring pattern in the changes of exchange rates considering the timestamps provided. They appear to be rather random and do not hint towards a certain repeated cycle.
Outliers Identification
Due to the constricted bounds within which the exchange rates are fluctuating, it's hard to define or find any clear, significant outliers. However, some instances of major decrease in between like 0.13454 could be termed as deviations as compared to the largely consistent minor ascending rates elsewhere.
Please note, these findings are based on this specific dataset and drawn from the data points alone, not considering any external factors. Further detailed analysis could potentially reveal more in-depth insights.