2024-04-19 Qatari Rial News
2024-04-18
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
After a comprehensive review of the available dataset, the overall trend of the exchange rate seems to be relatively stable throughout the period under consideration. The data suggests a slight decrease in the QAR rate from the initial value of 0.37783 on 2024-04-18 00:10:02 to 0.37851 on 2024-04-18 23:55:02. However, overall, the trend seems only slightly downward with several oscillations during the observed period.
Seasonality or Recurring Patterns
The available data spans only a single day, making it difficult to conclusively affirm the presence of seasonality or recurring patterns. However, within this single day, there doesn't appear to be any discernible pattern in the exchange rates based purely on the time of day, at least not one that repeats multiple times per day. A pattern might be more apparent if we had data from multiple days or weeks. The time series data would also be more effective for this kind of analysis if it encompassed complete trading days for the various markets.
Outliers and Significant Points
Within the dataset provided, there doesn't appear to be any outliers or instances where the exchange rate significantly deviates from the apparent trend. The exchange rates seem to fluctuate in a relatively tight range throughout the observed period. For instance, the highest rate is 0.37917 (achieved on 2024-04-18 21:50:02), and the lowest rate is 0.37749 (achieved at different points, the earliest being on 2024-04-18 01:25:02). This can signify that there were no significant news events or market circumstances that affected the Forex markets that day.
I would advise obtaining a more extended dataset for a more comprehensive analysis, including identifying trends, patterns, outliers, and significant instances with heightened precision. Please note that this analysis only factors in the given historical data and doesn't account for any potential market news or unforeseen societal events that might have influenced the QAR rates.