2024-05-03 Nuevo Sol News
2024-05-02
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. Understanding the overall trend of the exchange rates
Based on the data provided, one can infer that there is a relatively minor fluctuation in the exchange rate over time in the PEN (Peruvian Sol). The exchange rate starts around 0.3655 and ends slightly lower at approximately 0.3639 (with some intermittent spikes and dips). Particularly towards the end of the dataset, there is a visible downward trend however. This overall decline suggests that the PEN was generally weakening against the other currency during this period.
2. Identifying any Seasonality or Recurring Patterns
Regarding recurring patterns or seasonality, it is important to note that the data provided represents a very short period - a single day - and determining any significant seasonality pattern would typically require a longer time frame. However, with the restricted view available, no clear recurring pattern (like an hourly oscillation) seems identifiable. Still, it would need broader data to give a complete and meaningful analysis of seasonality.
3. Outliers and Significant Dips
In terms of outliers or instances where the exchange rate varies significantly from the trend, there are a few noteworthy points. Shortly after May 2nd 20:00, the exchange rate jumps from 0.36373 to 0.36467. And later around 20:30, there's a dip from 0.3647 to 0.36376. These shifts perhaps indicate significant events impacting the exchange rate or could be outliers.
In summary, over this day, the PEN seems to have a slightly weakening trend with some noticeable outliers, and evidence for seasonality or recurring patterns is not strong based on the limited timeframe of the data. A longer duration of data could definitely give a more robust analysis.