2024-05-21 Riel News
![Currency mart logo](../../../images/blog/currency-mart-logo.png)
2024-05-20
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
1. Understanding the overall trend of the exchange rates
Upon observation of the dataset provided, it appears that the exchange rate has remained extremely consistent over an extended period. The value of the KHR exchange rate largely remained at 0.00033 for all the given timestamps. There is no clear sign of a significant increasing or decreasing trend in the exchange rate values within this dataset.
2. Identifying any seasonality or recurring patterns in the changes of the exchange rates
No discernible patterns of seasonality or recurrence in the exchange rate changes are noticeable within the data provided. The flat nature of the dataset–with the value being 0.00033 almost uniformly across the given timeframe–implies a lack of fluctuations that would signify seasonality or recurring patterns. More variance in the dataset would be required to determine such trends.
3. Noting any outliers
The only potential outlier in this dataset appears to be the instance at timestamp "2024-05-20 06:00:02" and "2024-05-20 06:05:02 where the exchange rate briefly increased to 0.00034. However, given the minute shift in the rate and the quick return to the previous 0.00033 rate in the subsequent timestamp, it may not be accurate to term it an outlier, especially without knowing if such small variabilities are common or significant in the context of these exchange rates.
![Unwavering Stability as KHR Holds Steady in 24-Hour Market Roundup](http://currencymart.net/images/news/riel/2024-05-21/img-0EJ9wlesrDr2S90WeW1h95MA.webp)