2024-05-07 Pula News
2024-05-06
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
Overall Trend Analysis
On a broad-scoped view, the exchange rates for the given time period demonstrated a relatively stable characteristic. There is no significant trend of steadily increasing or decreasing values throughout the timeframe provided. Beginning with an exchange rate of 0.10069, the data swings back and forth slightly but ends up at a similar value of 0.10078. The exchange rate remains within the 0.1005 and 0.1008 range, exhibiting a degree of stability without a clear increasing or decreasing trend.
Identifying Seasonality
From the dataset provided, clear evidence of seasonality in the BWP exchange rate is not immediately discernible. The data points do not clearly indicate a specific pattern recurring at regular intervals throughout the given timeframe. However, a deeper analysis using suitable time series methods might be able to reveal subtle seasonal trends.
Outliers Identification
Identifying outliers in exchange rate data should typically consider heavy fluctuations or spikes in the data. These values somewhat insignificantly deviate from the majority of the data. An instance of this can be seen with exchange rate values such as 0.10077 or 0.10078, which, albeit being slightly higher or lower than the majority of the dataset, are not significant enough to be considered outliers. Hence, given the provided dataset and considering the small fluctuations in exchange rates, no stark outliers are present.
Notes Regarding Analysis Scale and Scope
- This analysis has been limited to the specific dataset provided. These findings may not hold true for other timeframes or BWP datasets.
- External factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports have not been considered as per the given instructions. These elements can have significant impacts on exchange rate dynamics, and their exclusion might alter the results of this analysis.