Significant Ripple in ANG Exchange Rate Witnessed Under the Clock
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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
Overview
The given data represents the changes in exchange rates over time. The values are numeric, reflecting the handling of currency over different timestamps. The exchange rate is given in the 'ANG' units at different timestamps.
Trends
Based on an initial review of the data, it seems that there's a downward trend in the exchange rates over the observed period. Starting from a rate of approximately 0.759, the exchange rate exhibits fluctuations but maintains a general trend of decrease, ending around 0.758 at the end of the period. There are small surges in the rate from time to time, but they are not able to reverse the overall declining trend.
Seasonality and Patterns
While the data exhibits a downward trend, there are clear periods of rate stability followed by minor downticks in the rate - suggesting a possible level of seasonality in the sequence. It's not clear without further analysis whether these periods of stability correlate to specific times of day or other periodic factors. The timeframe reflecting such patterns is however not very consistent, which suggests that it may not be strong seasonal behavior. More detailed analysis would be necessary to confirm any possible patterns.
Outliers
There doesn't appear to be any prominent outliers in the data that could suggest an anomaly. All values lie within a very narrow range and there are no instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality. This could suggest a relatively stable economic period without major shocks or disruptions.
Further Notes
It's important to note that while this analysis provides a high-level understanding of the exchange rate movement within the observed period, a more detailed analysis incorporating a broader range of data - perhaps including external factors like market events or global economic indicators - would provide a more robust understanding of the exchange rate behavior.
![Significant Ripple in ANG Exchange Rate Witnessed Under the Clock](http://currencymart.net/images/news/netherlands-antillean-guilder/2024-05-15/img-i4UWrKWekYLIPUeNnVLeKK3u.webp)