Steady Tethering KPW Exchange Rate Demonstrates Unflinching Stability
2024-04-30
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 in Exchange Rates
Based on this time-series data, the trend in exchange rates for KPW is generally very stable as it frequently remains at 0.00152 for a prolonged period before shifting to 0.00153. It is few instances where this exchange rate changes, but when it does, it shows sharp changes. Firstly, around '2024-04-30 07:50:02', the exchange rate experiences a slight increase from 0.00152 to 0.00153, and it remained at 0.00153 until the end of this data set. Therefore, the overall trend in exchange rates for KPW could be characterized as generally stable, with periods of slight increases.
Seasonality or Recurring Patterns
From the data provided, no clear signs of seasonality or recurring patterns are discernible. The exchange rate remains consistently the same over prolonged periods, and changes don't appear to occur at regular intervals or specific times. Indeed, the only noticeable pattern is periods of stability followed by a sudden shift in exchange rate. This pattern, however, isn't repeating frequently enough to be considered a recurring pattern.
Outliers in the Data
In this dataset, any significant deviation from 0.00152 or 0.00153 could be deemed an outlier. However, there is no such occurrence in the provided dataset. It seems all the values lie within these two frequencies. It shows that the KPW exchange rate was quite stable during this period, with no significant outliers or unexpected spikes or dips in the exchange rate.
Even with this, it's crucial to keep track of the KPW exchange rate regularly to keep ahead of any potential outliers or drastic shifts in the exchange rate. The absence of outliers in this dataset suggests a stable economic environment during this period but doesn't assure the same for future rates.