2024-04-24 Romanian Leu 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
Overview
Based on the data provided, a comprehensive analysis was conducted to understand the overall trend, seasonality, and presence of any outliers in the exchange rates over the period shown.
Overall Trend
The overall trend of the Romanian Leu (RON) exchange rates during the duration shows a general stability with slight fluctuations. The exchange rate begins at 0.29336 and after some deviations it ends at 0.29401. There appears to be a slight increase in the value over the period, however, it's not a significant rise considering it's within the band of 0.293 to 0.294.
Seasonality and Recurring Patterns
Upon inspecting the data, there are no distinctive patterns that suggest a clear seasonality or recurring trends. The exchange rates oscillate within a narrow band throughout the entire period, hence it's hard to pinpoint any specific cyclical or periodic patterns.
Outliers
Given the narrow band within which the exchange rates fluctuate, it is also difficult to identify any significant outliers. The fluctuation of the rates is so minimal over the observed period that none of the data points deviate significantly from the average.
Please note that this is a high-level analysis and the insights here may not account for other important external factors that could impact exchange rates. Additional data and a more in-depth analysis could potentially reveal more detailed trends, patterns, or outliers.