2024-04-23 Qatari Rial News
2024-04-22
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
1. Understanding the Overall Trend for Exchange Rates
The overall trend of the QAR exchange rates provided in the dataset is quite stable. For a deeper understanding, try breaking the period into several smaller periods (i.e., by hour, day, or week) to observe finer trends.
2. Seasonality or Recurring Patterns in the Change in Exchange Rates
From a cursory analysis without significant contextual input, there appears to be little seasonality or recurring patterns in the exchange rates. However, it is possible that more intricate tools can reveal more detailed patterns and periodic fluctuations in the data. If working with more complete data sets, it could be beneficial to examine whether there are cyclical patterns within the day (intra-day seasonality) or over longer periods such as weeks or months.
3. Identifying Any Outliers in the Exchange Rates
Given the data provided, there are no significant outliers in the exchange rates. All rates remain within a close range. However, outliers may not always follow the general or expected trend and can be influenced by various factors such as sudden market changes, financial announcements, and unforeseen events. These factors are not considered here as per your instruction.
Conclusion
This basic analysis suggests that the exchange rate is generally stable over the period provided. No clear seasonality or significant outliers are observed. For a more accurate and detailed analysis, consider diving deeper into shorter time frames, use more complex data analysis techniques or tools, and integrate information about events influencing the markets.