2024-04-29 Netherlands Antillean Guilder News
2024-04-28
Summary of Last Week
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Understanding the Overall Trend of the Exchange Rates
The overall trend of the exchange rates (ANG) seems to be generally increasing over the given time period. This is clear from the fact that the ANG value at the start of the dataset, on 2024-03-29, is 0.75141, and on the last timestamp available, on 2024-04-26, it is 0.75814. However, it's important to note that the trend isn't consistent across the entire period. There are periods of decrease and increase, and some periods of relative stability. However, the general trend does seem to be upwards.
Identifying Seasonality or Recurring Patterns
- One of the recurring patterns that seem to be present in the given dataset is the slight decrease of rates at the start of a regular working day (around 02:00 - 04:00), followed by a slight increase during the day which later decreases again. Due to the close correlation with the starting and ending hours of standard working hours, this could suggest an impact of demand and supply on the ANG rates.
- Another interesting observation points to a pattern of increases in exchange rates at the beginning of the week, followed by a gradual decrease as the week progresses. This pattern is worth further investigation, as it could suggest some form of weekly seasonality.
Noting any Outliers
While most of the rate changes follow a predictable pattern and remain within a reasonably narrow range, there are a few instances where the exchange rate differs significantly from what would be expected. The most noticeable of such outliers occur on 2024-04-10, where there's an unusual increase in the rates from 0.75149 to 0.75894 within the same day. Later on 2024-04-11, there's a sudden decrease from 0.76115 to 0.75077. These sudden changes, which deviate significantly from the general trend and other values within the respective periods, could be attributed to unexpected external factors, events, or market reactions.
