2024-04-24 Rial Omani News
2024-04-23
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. Trend Analysis
Looking at the provided dataset, it can be generally observed that there is a minor upward trend in the OMR exchange rate over the entire duration. The rates moderately increase, although with some fluctuations. The value has gone up from an initial rate of approximately 3.55845 to around 3.54981. The fluctuations in price also indicate that the exchange rate might be affected by various factors, which are not considered in this analysis.
2. Seasonality Analysis
From a seasonality perspective, it's hard to explicitly identify any particular oscillation or recurrent pattern in these exchange rates during the given data window without any further information about the time frame. However, some recurrent drops and rises can be observed but the pattern seems to be irregular and scattered. For a more in-depth seasonality analysis, you would ideally require data for a whole year or multiple years.
3. Outliers Identification
Identifying outliers purely on the basis of values in this data might not be entirely accurate in this case. This is due to the fluctuating nature of exchange rates which can vary greatly based on a multitude of external factors. However, there are some instances where rapid increases or decreases in the rate are observed. For example, the sudden drop to around 3.55077 from 3.55874 is clearly noticeable. These instances could be considered as potential outliers. However, a more robust statistical analysis would be required to definitively determine and confirm outliers.
