2024-05-22 Ngultrum News
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2024-05-21
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend Analysis
The general trend of the exchange rate (BTN) seems fairly stable throughout the given time period. The rate starts slightly above 0.01635 and concludes a little over 0.01637. There are minute fluctuations along the way, but the overall shift is minimal. This suggests a largely unwavering trend in the exchange rate.
Seasonality and Recurring Patterns
Based on the provided data, it is tricky to detect any significant recurring patterns or seasonality due to the exchange rate's stability. Although there are slight fluctuations in the rate, these do not appear to follow any specific cyclical or predictable pattern. More data, especially extending over a more extended period, could aid in uncovering any potential seasonality.
Outliers Identification
Given the highly consistent behaviour of the BTN exchange rate data, there are no extreme outliers. The values, despite fluctuating, remain close to the 0.01635 - 0.01640 range, indicating a lack of abrupt or extreme shifts which may be categorised as outliers. A more in-depth statistical analysis, taking into account measures like standard deviation, may be required to spot and mark outliers within this seemingly stable data set.
![Unwavering Stability: BTN Exchange Rate Holds Steady Persistence](http://currencymart.net/images/news/ngultrum/2024-05-22/img-KhVjyJhk7ixDjf1OgU27orse.webp)