2024-04-30 Netherlands Antillean Guilder News
2024-04-29
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 Analysis
From the data provided, it's evident that the ANG exchange rate demonstrates a general upward trend from start to end. The value starts at around 0.75578 and eventually ends up at 0.75902. Although there are periods of fluctuations and dips, the trend overall is upward over this timeframe. This means the ANG has generally appreciated in the given period.
Seasonality and Recurring Patterns
From the observable data, it's difficult to clearly point out any significant recurring patterns or clear evidence of seasonality. However, this would necessitate a more thorough analysis with more data points or specialized time series analysis techniques. In finance, exchange rates can be influenced by a huge number of factors which can make them random and difficult to predict.
Outliers Analysis
Upon initial review, there does not seem to be any significant outliers in the dataset. Most of the exchange rate values hover within a relatively narrow range of approximately 0.75578 to around 0.75910. There are no observed instances of the rate suddenly spiking or crashing, indicating that during this period the rate was reasonably stable and consistent.
Although, it's important to note that outliers in financial data aren't simply data points that lie far from the average – they can potentially indicate periods of financial turbulence or significant market events. This is an aspect that may require more comprehensive and substantial statistical analysis for more insights.
Conclusion
The provided dataset provides an insightful snapshot of the ANG exchange rate over the given period. The general upward trend demonstrates the appreciation of the ANG. The absence of pronounced seasonality or recurring patterns and missing outliers seems to indicate a stable period for the ANG, with no abrupt or substantial surprises.
