2024-04-23 Mozambique Metical News
2024-04-22
Summary of Last Month
- 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
The dataset presented appears to depict a relatively stable exchange rate over the given period. Specifically, the rate appears to oscillate between 0.02156 and 0.02165. There doesn't seem to be a clear increasing or decreasing trend in the data. Rather, the exchange rate oscillates within a very narrow range, indicating a potentially stable financial period.
Seasonality or Recurring Patterns
In this time series data, there does not appear to be a clear seasonality or recurrent pattern in the exchange rates. The fluctuating values seem relatively random and do not show a clear-patterned fluctuation that would suggest a seasonal shift or recurring trend. It is important to note that to accurately identify the presence of seasonality, a more extended time series data may be required.
Outliers
Based on the figures provided, there does not seem to be any significant outliers in this dataset. This is because the data appears to be relatively stable, oscillating within a small range around 0.0216 mark. Nonetheless, an in-depth statistical analysis can provide a better understanding of the distribution of these exchange rates and reveal insights about potential outliers in more subtle ways.
Note
Given the data and constraints, our analysis is limited to the descriptive analysis of this time series data. It doesn't include predictions or the consideration of potential external factors that may influence exchange rates, such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports.