2024-05-17 Pataca News
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2024-05-16
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 Analysis
From the dataset, it is clear that the overall trend of the exchange rates has slightly increased in the given time period. The exchange rate started at 0.17026 at the beginning of the dataset and ended at 0.16934. Even though there was a slight dip in the rates towards the end of the period, the highest rate recorded was 0.17057, which shows a general upward trend.
Seasonality/Recurring Patterns
In regards to patterns or seasonality, the dataset shows a subtle but consistent fluctuation in the exchange rates. The exchange rates seem to slightly increase and decrease alternatively, which forms a recurrent pattern. However, this pattern is not strict and there are some irregularities, but the overall movement suggests this mentioned seasonality.
Outliers in the Data
Although the exchange rates have a general pattern of increase or decrease, there are some outliers in the dataset. For example, there is a significant drop from 0.17057 to 0.16958 which does not conform to the general pattern in the dataset. This drop is greater than the usual fluctuations seen and hence can be considered as a notable outlier.
Note: This analysis is merely a general interpretation of the dataset and ignores external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports as directed.
![Notable Increase in MOP Exchange Rate Observed in 24-hour Cycle](http://currencymart.net/images/news/pataca/2024-05-17/img-b2V3Bld9DRaLXz6GXKjyrhqw.webp)