2024-03-12 Rufiyaa News
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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
Overall Trend Analysis
Upon examination of the provided dataset, I have determined that the general trend of MVR (Maldivian Rufiyaa) exchange rates fluctuates between 0.08833 and 0.0887 over a 24-hour timeframe. Therefore, the rate remains relatively stable during the given period. However, it is necessary to note there are some exchanges rate slightly rising from 0.08861 at the start of the period to 0.0884 at the end of the period.
Identifying Seasonality or Recurring Patterns
In regard to seasonality or recurring patterns, due to the granularity of data provided, it's challenging to pinpoint any significant seasonal pattern in the exchange rate within this single day. However, consistent recurring patterns may be observed when analyzing data over similar time periods on multiple days or longer periods.
Noting any Outliers
The data seems to be consistently fluctuating in the mentioned range with no evident outliers. However, it dipped to its lowest at 0.08833 at around 20:20 and reached its highest at 0.0887 at approximately 04:20. Considering the entire data set, these instances do not significantly deviate from the established trend and thus, cannot be confidently classified as outliers.
Conclusion
In sum, the MVR exchange rates for the given period are relatively steady with slight fluctuations, indicating a stable market. Irregularities or large variations may indicate external influences or major shifts in the economy, but such signs are not evident from this dataset. Although this analysis is isolated to the data provided and does not consider potential anomalies and fluctuations that may occur over weekends, holidays, or following financial news and reports.
