2024-05-15 Riel News
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2024-05-14
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Analysis of KHR Exchange Data
The dataset provides a dense representation of time-series data focusing on the exchange rate of KHR from May 14, 2024, with data provided for nearly every 5 minutes interval.
1. Overall Trend
Upon reviewing the given data, the general trend for the KHR exchange rate seems to be relatively stable throughout the particular day. Leading up to the 07:45 timestamp, the exchange rate stands constant at 0.00034. Post that timestamp, the exchange rate sees a slight downward shift to 0.00033 and continues with this rate up to the last timestamp of this day.
2. Seasonality and Recurring Patterns
In the given dataset, it is difficult to identify a clear seasonality pattern due to the limited duration, i.e., just a day's worth of data. The day-to-day changes might not be sufficient to establish a seasonal effect or a recurring pattern in the exchange rates. For discerning such patterns, data over a longer period may be required.
3. Outliers and Significant Exchange Rate Variations
On this specific day, there is no significant deviation or outliers in the KHR exchange rate. The rate mainly fluctuates between 0.00034 and 0.00033. However, the downward shift from 0.00034 to 0.00033 at the 07:45 timestamp is a noticeable change. But this does not classify as an outlier since it continues to sustain at 0.00033 for the rest of the day.
Final Thoughts
To yield a more accurate understanding of the overall trends, seasonality, and potential outliers in the exchange rate, a more extended period analysis would be necessary. This short duration might not provide ample evidence of any long-term trends or patterns in the data.
![Stability Shines as KHR Exchange Rates Hold Steady](http://currencymart.net/images/news/riel/2024-05-15/img-Jc7S5YsaqxL0vbglforbJQAl.webp)