2024-05-01 Moroccan Dirham 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
Based on the dataset provided, the overall trend of the exchange rate is observed to be relatively stable, with minor fluctuations throughout the duration. However, an upward trend can be noticed in the middle, due to the rise in the exchange rates from 0.13515 at the start of the period to a peak value of 0.13619, and then a decrease towards the end of the period, down to 0.13541. The detailed fluctuations may be due to various factors, but on the overall, there aren't major changes in the exchange rate.
2. Identifying Seasonality or Recurring Patterns
The data does not appear to show a clear pattern of seasonality or recurring patterns. The exchange rates are staying within a narrow range, and there doesn't appear to be a defined trend such as a period of systematic increase followed by a systematic decrease and so on. Further detailed statistical analysis with a larger dataset may help to determine if there are any hidden patterns or seasonal trends.
3. Noting any Outliers
From the provided data, no significant outliers can be immediately identified. All values for the exchange rates remain within the 0.135 to 0.136 range, which implies that there is no sudden surge or drop in the rates. Nevertheless, two points, one reaching the peak of 0.13619 and one dipping down to 0.13515 might be considered remarkable when comparing with general fluctuations. However, in the grand scheme of this financial exchange data, they are not drastic outliers.