2024-05-14 Riel News
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2024-05-13
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 Analysis
Based on my analysis, the data extracted from the date and time stamp indicates the KHR currency exchange rates. It is observed that the rate for the given set of data remains completely stable at 0.00034 throughout all times. There is no noticeable increase, decrease, or flux within the stated period. What this suggests is that during the time period provided, the currency has neither appreciated nor depreciated in value.
Seasonality Analysis
Seasonality refers to regular and predictable changes that recur every calendar year. Any predictable fluctuation or pattern that recurs or repeats over a one-year period is said to be seasonal. In our given dataset, there is no evidence of any seasonality or recurring patterns. The exchange rate remains static at 0.00034 irrespective of any time stamp. This indicates the lack of any significant impact due to daily or seasonal factors on the exchange value of the currency.
Outliers Analysis
An outlier is an observation that lies an abnormal distance from other values in a random sample from a population. In this given dataset, there is no observable outlier in the exchange rate. The constant value of 0.00034 throughout the series indicates that no particular instance deviates significantly from this value. Therefore, the dataset does not present any outliers in the exchange rates realm.
![Stable KHR Exchange Rate Persists Against Expectations](http://currencymart.net/images/news/riel/2024-05-14/img-9Tpluk25ft3vg1i5MIauryho.webp)