2024-04-30 Qatari Rial News
2024-04-29
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 of the Exchange Rates
The overall trend is an incremental rise in the exchange rate over the course of April 29, 2024. The QAR exchange rate begins at 0.37459 and ends at 0.37578. This suggests a minute but steady increase over the course of these hours.
Seasonality or Recurring Patterns in Exchange Rates
Due to the short time frame of the data — approximately 24 hours — it's challenging to accurately identify a clear seasonality or recurring pattern. The data does show slight fluctuations throughout the day, with minor increases and decreases. However, these remain within a narrow band and do not demonstrate a significant or clearly identifiable pattern.
Outliers
No distinct outliers are detected within the provided dataset. All exchange rates stay within a relatively tightly-bound range, with the lowest rate being 0.37459 and the highest at 0.37582. There's no exceptional spikes or dips that deviate significantly from the general trend. These values present a reasonable degree of variance if considering the short time scale and nature of foreign exchange markets, which are subject to constant fluctuation.
Summary
In summary, this dataset shows a slight upward trend in the QAR exchange rate from 0.37459 to 0.37578 over 24 hours on April 29, 2024. The variations in rate over time are largely minor, without notable outliers, and no immediate patterns or repetitiveness were detected within this short time frame.