2024-05-09 Pa Anga News
2024-05-08
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 of the Exchange Rates
The dataset shows fluctuation in the exchange rates at different timestamps. Although the rates have varied, there is no clear pattern of the rates consistently increasing or decreasing. Instead, the rates appear to oscillate around a range of values. The highest value reported is 0.57988, while the lowest is 0.57781. Given these numbers, the variation is quite minimal, suggesting that the exchange rate remains relatively stable over the recorded period.
Seasonality or Recurring Patterns in Exchange Rates
With respect to the given time-series data, no obvious seasonality or recurring pattern can be determined. The data does not demonstrate a clear repetition of the exchange rate changes that could indicate a daily, weekly or monthly pattern. Furthermore, fluctuations in exchange rates are likely to be influenced by many factors, including not only time, but also economic conditions, geopolitical events, and more. More extensive data collection over a longer time period and/or the inclusion of additional variables might reveal patterns not evident in this dataset.
Outliers and Unusual Instances
The dataset does not appear to show any significant outliers, as the values concentrate around 0.578. There is no single point that deviates significantly from its neighbouring data points. This indicates that during the period from which this data was collected, there were no sudden, unexpected jumps or drops in the exchange rate that would be considered outliers or unusual instances.
In conclusion, without considering extraneous factors such as market dynamics, holidays, or significant financial news, the analysis from the provided dataset shows no prominent trend, pattern or outliers in the exchange rate movement.