Subtle Fluctuations Rattle GTQ Exchange Rate
2024-04-25
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1.
Overall Trend in Exchange Rates
The overall trend in the exchange rates appears to be fairly stable. Starting from an exchange rate of approximately 0.17638, it fluctuates within a very small range. There are subtle peaks and valleys suggesting slight increases and decreases, but these do not vary significantly away from the starting point. There is an noticeable dip towards 0.17568 at around 06:25, however it rebounds quickly and stabilizes around the initial levels. Hence, there isn't any strong trend towards increasing or decreasing over time.
2.
Seasonality and Recurring Patterns
From the time series data provided, it's difficult to identify any specific seasonality or repeating pattern. The data represents approximately a day's worth of exchange rates, which is unfortunately too short a period of time to identify a seasonal pattern or trend that recurs over days, weeks, months, or years. However, one can observe intra-day patterns such as slight volatility at certain hours of the day but further data would be needed for a more comprehensive picture.
3.
Identification of Outliers
In this dataset, the most recognizable outlier seems to occur at around 06:25 when the exchange rate dips down to 0.17568. This is a significant deviation compared to the usual range in which the rate fluctuates. Besides this instance, there aren't any other periods where the rate varies significantly from the general trend.
Please note that these observations are based purely on numerical analysis of the given dataset. Detailed reasons behind these trends and outliers would require investigation into additional factors such as news events, governmental policies, and other macroeconomic factors which are not part of the provided data.