2024-04-19 Mozambique Metical News
2024-04-18
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. Overall Trend
Looking at the dataset, the general trend over the period in question shows very slight fluctuation in the MZN exchange rate. Overall, the exchange rate stayed within a hair's breadth of 0.02166, with just a minor increase to 0.02175 and a minor decrease to 0.02164. We do not see a consistent upward or downward trend, but rather a relatively stable value with small fluctuations.
2. Seasonality and Recurring Patterns
Upon examination, there doesn't seem to be a clear seasonality or cyclic pattern in the given dataset. The data doesn't show a distinct recurring pattern; we can see that the exchange rate mainly fluctuates around the 0.02166 mark. Without more information, such as what time of year these data points are from, it's challenging to identify any seasonal trends.
3. Outliers and Significant Variations
In evaluating the data provided, there appear to be minor fluctuations in the exchange rate, but no significant outliers that would differ greatly from the average rate. A more in-depth analysis might reveal small short-term trends that are not immediately apparent in the data, but on a surface level, there seems to be a consistent and usual degree of variability in the MZN exchange rate without notable outliers.