2024-05-09 Rial Omani News
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2024-05-08
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 of Exchange Rates
Over the course of the provided data, the exchange rates of the OMR generally fluctuate within a range of around 3.564 to 3.575. While there is evidence of both increments and decrements in rates, these shifts don't follow a clear increasing or decreasing trend. Instead, the rates seem to oscillate within a relatively confined spectrum, showcasing a somewhat stable exchange rate over the time period captured in the dataset.
Seasonality or Recurring Patterns
Although there are fluctuations in the exchange rates, there does not appear to be any clear seasonal or recurring patterns based on the provided data. The exchange rate varies throughout the day but doesn't show a consistent daily peak or trough that might indicate a recurring pattern. Also, with the lack of data points across a longer time frame (i.e., data for several months in a year or data across several years), it's not possible to conclusively identify any seasonal trends.
Outliers
There are no significant outliers in the given data, as the exchange rate does not deviate dramatically from the general range of 3.564 to 3.575. However, we'd typically determine outliers using statistical methods such as the Z-score or the IQR method. With the data provided and without utilizing such methods, it seems there are no extreme outliers that might skew the overall trend and general observations.
Please note that this analysis is entirely based on the numerical trend of the time-series data and does not account for factors like market opening/closing hours, weekends or holidays, or the release of key financial news and reports.
![Omani Rial Witnesses Rollercoaster Exchange Rate](http://currencymart.net/images/news/rial-omani/2024-05-09/img-yEwMsZkUajfjv8U84exk6C67.webp)