2024-04-16 Pula News
2024-04-15
Summary of Last Month
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
An Overview of the Trend in Exchange Rates
The data provided indicates a general slight discrepancy in the BWP exchange rate over the specified timestamp. The values from the data oscillate within a small range, which leads to the assessment that the rates remain relatively stable in this given period. However, there's a noticeable slight overall downward drift in the value of the exchange rate throughout the time frame.
Seasonality or Recurring Patterns
From the available data set, it's challenging to determine an exact seasonal pattern in the changes of exchange rates. Time series data seems noise with only minute changes in the exchange rate observed. The data provided may not be enough to represent an annual trend, and specific daily patterns may not be concluded from this data either. Nonetheless, minor fluctuations are noteworthy, but may not be necessarily attributed to seasonality.
Exceptions and Outliers
Highlighting the outliers is an indispensable part of financial analysis. In this dataset, a noticeable jump in the exchange rate can be seen around a timestamp '2024-04-15 20:05:03', from 0.10006 to 0.09964, which represents the most substantial single drop in the dataset. Additional data and context would be beneficial in explaining such sharp declines in the rate.
In conclusion, while time series data represents the exchange rate at different timestamps, it also presents the variations that may occur due to external factors that we don't consider in this analysis. However, it is always advantageous to have comprehensive data over a longer timeframe to perceive any distinct or recurring trends better.