2024-05-14 Pula News
2024-05-13
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
The overall trend of the BWP exchange rate in the dataset provided shows a relatively steady trend. There are slight fluctuations in the exchange rate throughout the dataset, but these do not represent a consistent increase or decrease. The exchange rate oscillates slightly around a central level, indicating a level of stability in the currency's value over this specific period. It is important to remember that exchange rates can be influenced by various factors, including the economic performance of the related countries and global financial trends.
Seasonality and Recurring Patterns
With the data provided, there does not appear to be any clear seasonality or recurring patterns. The slight oscillations in value do not show a consistent period or frequency that would indicate a seasonal effect. Similarly, the fluctuations do not form a pattern that repeats throughout the dataset. Therefore, based on this data, it would seem the exchange rate's changes are more random than cyclical. Nonetheless, more data or additional methods of analysis might reveal patterns not immediately apparent.
Notable Outliers Identification
Within the dataset provided, there are no significant outliers in the exchange rate data. All rates fall within a small range of values and there are no instances where the rate abruptly spikes or plunges. This indicates that during this period, there were no unexpected or unusual instances that significantly affected the exchange rate. Remember that outliers in financial data can sometimes signify a response to unanticipated events or market anomalies. However, this does not seem to be the case within the provided dataset.
Additional Note
Given the nature of your query, you're not considering any specific external factors or future predictions in your analysis. It's acceptable, but it’s worth noting that the factors like market opening/closing hours, weekends/holidays, and the release of key financial news and reports are crucial influencers of financial time-series data. For a more accurate and deeper understanding of the trend, considering these factors would be beneficial.