2024-04-26 Netherlands Antillean Guilder News
2024-04-25
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Analysis of the Overall Trend of the Exchange Rates
From the provided time-series data, it's evident that exchange rates exhibited a generally downward trend across the specified time period. The rate began around 0.76073 and decreased to a final rate of about 0.75778. This could suggest factors such as changes in monetary policy or economic events. However, as mentioned, this analysis doesn't take into account specific external events or market hours.
Seasonality and Recurring Patterns
While identifying seasonality within this data might require a more comprehensive dataset over a longer timescale, the time series data doesn't show clear seasonality or recurring patterns within the exchange rates. The values fluctuated at various points but no discernible or consistent pattern can be deduced over the time period. More data spanning a wider timeframe (like months or years) would be beneficial for teasing out clear seasonal trends.
Outliers in the Data
Rounding out this initial analysis of the data, no drastic outliers were identified. This would suggest that during this timeframe, the exchange rates fluctuated within a reasonably predictable range without dramatic spikes or dips. Remember, this data analysis doesn't take into account external factors like major financial news or sudden drastic changes in economic conditions, which could cause such outliers in real-world scenarios.
Conclusion
The time series data shows a slight decline in the exchange rate over the provided period. No clear patterns or seasonality could be identified, and the data contained no drastic outliers. Future analysis may benefit from larger datasets and consideration of external factors that influence exchange rates.