2024-05-06 Pataca News
2024-05-05
Summary of Last Week
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Understanding the Overall Trend of the Exchange Rates
From the data provided, the following observations can be made. It begins with a value of 0.16799 on 2024-04-05 and ends with a value of 0.1701 on 2024-05-03, suggesting a slight upward trend in the exchange rate over this approximately one-month period. The lowest value occurs on 2024-04-10 at 0.16769, and the highest value is on 2024-05-02 at 0.171. These values suggest a degree of fluctuation in the rate, but overall there appears to be a slight increase.
Identifying Seasonality or Recurring Patterns
Given the limited timescale of the provided data (approximately one month), it is challenging to determine definitive recurring patterns or seasonality trends. However, some observations can still be made. Notably, there seem to be daily fluctuations in the exchange rate. Higher rates are often seen between 02:00 and 14:00, with lower rates tending to occur between 16:00 and 00:00. This may suggest that the exchange rate experiences regular daily fluctuations, however, additional data would be required to confirm this pattern.
Noting Outliers
In the provided exchange rate data, there are few instances of sudden significant changes in the rate that might be labelled as 'outliers'. Most changes between successive timestamps are small. However, the values recorded on some days do show comparatively larger jumps or falls. For instance, on 2024-04-10 the rate jumps from 0.16792 at 06:00:02 to 0.16904 at 08:00:03, a relatively significant increase in a short time. Similarly, on 2024-04-12 the rate rises from 0.16958 at 22:00:02 to 0.16998 at 02:00:02 on 2024-04-12. Such instances could potentially be considered as outliers and warrant further investigation, though in the context of the wider data set they do not significantly distort the overall trend.