2024-05-09 Pataca News
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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 Exchange Rates
The overall trend of exchange rates (MOP) seems to remain relatively stable on the whole throughout the data set. The rates start at around 0.17039 and end at nearly the same point (0.17036) demonstrating a small downward trend. However, it is important to observe that the difference is slim, and thus the change in rates could be considered insignificant within the provided timeframe.
Seasonality or Recurring Patterns
Uncovering seasonality or recurring patterns in financial time-series data such as these requires a more in-depth analysis. Unfortunately, there aren't enough notable trends to establish any strong evidence of seasonality in the data. Furthermore, the data provided spans just a single day, which significantly limits the identification of patterns that could occur over longer durations like weekly or monthly cycles.
Noted Outliers
Most of the exchange rates in the data are tightly grouped around 0.170 and do not fluctuate greatly within the data's period. However, there are a few notable exceptions where the exchange rates have a significant jump or drop. For example, at 2024-05-08 06:20:02, the exchange rate increases significantly from 0.17041 to 0.17076. This could potentially be considered an outlier as it deviates from the otherwise relatively consistent pattern.
Additional Considerations
While you have asked for us to disregard the impacts of market opening/closing hours, weekends/holidays, or the release of key financial news and reports, it's important to note that these factors can greatly influence the observed exchange rates. Therefore, if you decide to run further and more detailed analysis in the future, these external factors could be worth considering to better comprehend variances and trends in your data.
![Exchange Rate Variations: MOP Navigates Volatility in Early May 2024](http://currencymart.net/images/news/pataca/2024-05-09/img-x8B1Xl4WfqBaiPyiEjjGjz7U.webp)