2024-05-15 Pataca News
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2024-05-14
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
Observing the given dataset, it appears that the exchange rates (MOP) generally show a slight downward trend. The exchange rate starts at approximately 0.17012 and ends at around 0.16990. Though the changes aren't drastic, the trend is generally downward, albeit with some temporary reversals and fluctuations throughout.
2. Identifying Seasonality or Recurring Patterns
The dataset does not cover a long enough period to clearly identify any seasonal patterns when it comes to the exchange rates. To detect seasonality, data across several years would typically be required, which is not provided here. Although the intraday fluctuations can be observed, this would not count as seasonality in the traditional sense.
3. Outliers in the Data
The dataset shows a couple of potential outliers where the exchange rate differs slightly from the surrounding data—one notable instance is the small jump to 0.16996 around 20:05. However, without knowledge of the events or actions driving these changes (which is beyond the scope of this analysis as requested), it's hard to definitively classify these as outliers.
Overall, in this case, without relevant external market factors, it appears that the exchange rates experience minor fluctuations throughout the day but do not show a strong and consistent upward or downward trend within the provided timeframe.
![Fluctuating MOP Exchange Rates Experience Downward Trend on May 14th](http://currencymart.net/images/news/pataca/2024-05-15/img-RZnBlwUKNVTLoJtEDXszpXgt.webp)