2024-05-21 Nuevo Sol News
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2024-05-20
Summary of Last Month
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend Analysis
Analyzing the given exchange rate (PEN) data over the existing period, no prominent consistent increasing or decreasing pattern is noted. The rate fluctuates in minute, rather minute variations, implying that it largely remains stable throughout the period. There are moments of slight increase followed by slight decrease, indicative of a level of volatility, yet all within a specific range, the value swinging from about 0.3635 to about 0.3658, which indicates a marginally stable trend overall.
Analysis of Seasonality
Considering the granularity of the timestamp data (5 minutes), this dataset does not offer an extensive enough period to determine significant seasonal patterns, such as daily, monthly, or yearly cycles. However, within the present data, no evident short-term periodic patterns are identified. Determining seasonality would require a longer data series, perhaps at least one complete year, to account for possible repeating patterns that occur over longer periods (24-hour cycle, weekly, monthly, yearly, etc.).
Outlier Analysis
With the given dataset, exchange rates (PEN) reasonably fluctuate within a small range, and no significant outliers or extreme values that vary significantly from the overall trend are noted. However, a noteworthy change is seen around the 6:20 timestamp where the rate drops from about 0.3658 to 0.36415. The drop seems to deviate noticeably from the otherwise more stable fluctuation and may deserve additional study. However, given the minor dip, it is not a significant outlier in the context of this dataset.
![Post-Midnight Surge And Afternoon Plunge Mark Significant Exchange Rate Volatility](http://currencymart.net/images/news/nuevo-sol/2024-05-21/img-siL5mz7jk3mViO5Tvt24BIq4.webp)