2024-05-15 Ngultrum News
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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
1. Overall Trend
The overall trend for the BTN exchange rates in the time period displayed in the dataset provided is relatively stable. There is slight fluctuation observed, but throughout the period, the value generally hovers around 0.01635 to 0.01639, indicating that the BTN exchange rate remains relatively stable within this time period.
2. Seasonality or Patterns
In this dataset, due to the similarity of the exchange rates throughout, it is challenging to determine any significant seasonality or recurring patterns within the exchange rate changes. However a closer analysis of the minutiae may reveal subtle hourly or daily fluctuations not immediately apparent. Given the span of data only covering a single day, it is difficult to definitively identify any weekly, monthly, or yearly seasonal patterns.
3. Outliers
For the most part, the BTN exchange trades within a narrow range during this period. The lowest rate appears to be 0.01633 and the highest rate is 0.01639, which represent a very small difference in absolute terms. Given this tight range, it can be challenging to classify any rates as true outliers as even the minimum and maximum rates do not differ significantly from the mean rate.
Overall, the exchange rate provides a picture of stability within this period with minor fluctuations within a tight range. A more extensive time span of data would be helpful to identify seasonal patterns and potential outliers more definitively.
![Minor Fluctuations Dominate BTN Exchange Rates Amid Unpredictable Financial Climate](http://currencymart.net/images/news/ngultrum/2024-05-15/img-okAlSmHeQvprwnN7Gbf6O1zg.webp)