2024-05-15 Mozambique Metical News
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2024-05-14
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
Based on the time-series data provided, the MZN exchange rates appear to be relatively stable overall, there are very minimal fluctuations in the rates. The rate begins at 0.02154 at the start of the data on 2024-05-14 00:00:02 and ends at 0.02149 on 2024-05-14 23:55:02. There are a few instances where the rate decreases or increases slightly, but these are very minimal changes.
Seasonality or Recurring Patterns in The Exchange Rates Change
There doesn't appear to be any strong seasonality or recurring patterns in the exchange rates based on the set of data provided. The data appears to be uniformly distributed throughout the day with very slight variations. With the time range limited to a single day and without more longitudinal data, it's hard to identify any seasonal patterns or trends.
Outliers in Exchange Rates
From the data provided, there doesn't appear to be any instances where the exchange rate differs significantly from the general trend. All rates fluctuation are closely around the mean rate of 0.02152, which suggests that there isn't significant volatility in the exchange rates within this particular day.
Please note that this analysis is purely descriptive, based on the historical data provided and does not consider external factors such as market events, economic news, weekends/holidays, or market opening/closing hours which can have significant influences on exchange rates.
![Stability Marks MZN Exchange Rate Throughout the Day](http://currencymart.net/images/news/mozambique-metical/2024-05-15/img-LYye0SBhVLwHhikvfgxWGDva.webp)