2024-04-19 Netherlands Antillean Guilder News

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 Exchange Rates

Analyzing the data given and the associated timestamp, it can be observed that the exchange rates experienced slight fluctuations across the period of observation in 2024. The exchange rate started from 0.7654, hit the lowest value of 0.76154, and ended at 0.76189. There was no significant increase or decrease during this period, suggesting that the exchange rates remained relatively stable. The movements appear to be more of a random walk, with no clear increasing or decreasing trends.

Seasonality or Recurring Patterns in Exchange Rates

Time series analysis often involves the search for hidden patterns. However, the dataset provided does not appear to show any clear seasonal or recurring patterns in the exchange rate time series on an intraday frame during the observation period. Future data points and intervals may be necessary to draw more certain conclusions about recurring daily events, such as market opens and closes. Nevertheless, the absence of noticeable patterns may also suggest that the exchange rates are determined by a complex system of factors or events occurring sporadically.

Outliers in the Exchange Rates

There are no striking outliers in the given dataset. Outliers would typically represent significant deviations from previous values or the trend, but the exchange rate do not show such drastic fluctuations within this dataset. This signifies that there are only minimal occurrences where the exchange rate differs extensively from what was expected based on the previous trend.

old Economic Factors The Anglo-Netherlands Guilder (ANG) had been on a rather unpredictable journey these past hours, as reflected by time-series financial data recorded from the initial timestamp of 00:10:02 to the last entry at 23:55:02. Filled with subtle swings, the exchange rates tell a tale of fluctuating economic environments and serve as a distinctive example of underlying market forces. As recorded, the ANG started out at the rate of 0.7654, although the day''s journey seemed far from a effortless ride. There were considerable upswings and downturns, with the lowest point hitting the mark of 0.76154 and the highest peak touching 0.76571. The fluctuations could be attributed to various economic factors, like shifts in the global market environment, changes in demand and supply, international trade policies, and geopolitical occurrences. Discernable trends throughout this timeframe offer both market participants and analysts tremendous insights into ANG''s performance. Aside from immediate implications for forex traders, these exchange rates fluctuations invariably impact several sectors. For instance, businesses inclined towards international trade might find these shifts influencing their expected revenues. Importers and exporters, specifically, can see drastic changes in their profit margins when quotations like the one ANG experienced occur. Such trends further affect the spending capacities of businesses and consumers, rippling indirectly to influence the nation''s economic health. Going into detail, there was notable volatility around 08:30:03, where a sharp rise was recorded, bumping the exchange rate to 0.76512. This was followed by a drop and a notably volatile period until the end of the recording. Revisiting the unanticipated drop to 0.76154 at 20:05:03, it appeared to be the lowest of the day, a concerning dip that warrants attention. Although the rate picked up subsequently, it failed to reach the peak levels of earlier in the day. The volatility of ANG, whilst not severe, was certainly noteworthy. Economists will certainly be watching the ANG closely in the coming days, looking for signs of stabilization or continued volatility. Such data offer an enriching ground for economists and financial professionals to make predictions and strategize financial movements. Looking ahead, the subtle volatility of the ANG exchange rate observed today, emphasizes the unpredictability of the forex market. It once again proves the importance for traders and brokers to stay updated with real-time market trends, global events, policy changes, and geopolitical occurrences. As for the layman, this event reiterates how global economies are interlinked in this era of globalization, affecting everyday citizens in indirect but tangible ways.ANG Exchange Rates Experience Subtle Volatility Amid Untold Economic Factors

Current Middle Market Exchange Rate

For information purposes only.