2024-04-29 Romanian Leu News
2024-04-28
Summary of Last Week
- 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
Based on the data presented, the overall trend appears to be fairly stable with a slight but steady growth over time. The exchange rate started at 0.29381 on 2024-03-29 and ended at 0.29374 as of 2024-04-26. The highest rate recorded was 0.29698 on 2024-04-09, and the lowest rate recorded was 0.29283 on 2024-04-02.
2. Seasonality or Recurring Patterns
Regarding the seasonality or recurring patterns in the changes of exchange rates, the data does not indicate a clear or strong recurring pattern. The changes in the exchange rate seem to be more fluctuating and random rather than following a distinct pattern. However, further analytical approaches like decomposition or Fourier analysis could help in identifying subtle underlying cycles.
3. Outliers in the Exchange Rates
As for outliers, this analysis does not note any significant outliers where the exchange rate differs drastically from the established trend. All rates lay within 0.29283 and 0.29698, which is a relatively tight range, indicating a stable exchange rate scenario without significant outliers.
To summarize, this brief analysis revealed that the exchange rates have remained relatively stable throughout the given timeframe. There are minor fluctuations with an upward trend, but nothing drastic or indicating significant volatility. The lack of distinct seasonal or recurrent patterns and outliers points to a rather stable and predictable situation as per the data provided.
Please note: This analysis is based purely on the data provided and does not take into account external factors like market hours, weekends/holidays, financial news, or other events that might significantly impact exchange rates.