2024-05-17 Netherlands Antillean Guilder News
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2024-05-16
Summary of Yesterday
- 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
Looking at the data, the overall trend of the exchange rates appears to be increasing and then decreasing slightly. The exchange rate starts at 0.75979, reaches a peak of 0.76117, then falls to a low of 0.755. This suggests that over the period shown, there was a fluctuation in the exchange rate, with a general movement upwards, followed by a downwards trend.
Identifying Seasonality
The data does not appear to show a clear seasonal or recurring pattern. This may be due to several factors, including the possibility that the time period shown (less than 24 hours) is too short to capture such patterns. Seasonality in exchange rates often manifests over longer periods, such as monthly or yearly cycles. It would require more data to identify any seasonal trends confidently.
Noting Outliers
There doesn't seem to be significant outliers in the data. Most changes between consecutive time points are relatively small. The largest increase in the exchange rate occurs between the timestamps '2024-05-16 06:25:02', and '2024-05-16 06:30:03', where the rate jumps from 0.76117 to 0.75644. This could be considered an outlier and might be due to a variety of factors affecting the exchange rate.
Please note that this analysis is purely descriptive and based on the given data. It doesn't incorporate specific external factors like market hours or financial news. Also, no future forecasting is made based on this analysis.
![Unprecedented Increase and Sharp Plunge Mark a Day of Wild ANG Changes](http://currencymart.net/images/news/netherlands-antillean-guilder/2024-05-17/img-dHOV6BxRRw5fb3pdnbUsgZIx.webp)