2024-05-14 Romanian Leu News
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
The RON exchange rates presented in the data generally seem to fluctuate within a narrow range, showing a minor but steady increase over the period shown. There doesn't show drastic movement either upward or downward in terms of general trend. The number of minute declines seem to balance the number of increases, implying relative stability over the extended period.
Seasonality Analysis
In terms of seasonality, more comprehensive data over multiple years would be required for a reliable estimation of annual or semi-annual patterns. Given the data provided, it's difficult to postulate any robust seasonal trend. Still, there appear to be small but consistent variations within the day itself, possibly due to the influence of institutional trading patterns, but further data/analysis would be required to validate this observation.
Outliers Analysis
From an initial review of the data, this dataset doesn't seem to contain apparent outliers, considering the rate's minor fluctuation throughout. However, this would need to be confirmed with a deeper statistical analysis to identify and affect any potential anomalies that could affect the overall interpretation.
In conclusion, the given timeframe demonstrates a relatively stable exchange rate with little variance. However, for a more comprehensive understanding, multiple external factors and additional data over a further extended period could offer a more in-depth understanding of how the rate evolves over time and under different conditions.