2024-05-22 Pataca News
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2024-05-21
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 in the Exchange Rates
Based on the data provided, the exchange rate seems to largely remain stable over the period shown. There are small fluctuations, but the values hover around the range 0.1695 to 0.17003. Towards the end of the time series, the values decrease from the peak of 0.17003, reaching a low of 0.16941, after which there is a steep increase reaching 0.16994 and then decreasing again to hover around the average.
Seasonality and Recurring Patterns
A full analytical workup would be required to definitively establish any seasonality or recurring patterns, as this involves thorough statistical testing. However, basing on the provided data, there seems to be no clear evidence of any strong seasonality or recurrent patterns. The fluctuations appear to be more random than cyclical over the observed interval.
Outliers Identification
It is important to note that the identification of outliers is a statistical process that generally involves a more detailed analysis. Based on a cursory overlook, the exchange rates do not seem to have any major spikes or dips that could be considered as outliers. However, a deeper and more technical analysis would provide a more accurate identification of potential outliers.
Please note, since the external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports were not considered during this basic analysis, certain anomalies and patterns might not have been identified. A detailed and comprehensive analysis considering these factors might provide a deeper insight into the exchange rate's behavior.
![Rising MOP exchange trend stirs market in late May 2024](http://currencymart.net/images/news/pataca/2024-05-22/img-98jbHyXxATCtJ6W5pA0zo63o.webp)