2024-05-03 Rupiah News
2024-05-02
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Understanding the overall trend of the exchange rates
From the data provided, we observe that the IDR exchange rate remains stable for a significant period (from "2024-05-02 00:00:02" to "2024-05-02 10:15:03") at 8.0E-5. Post this, there is a noticeable increase in the rate to 9.0E-5, which again continues to hold steady for the remaining period with intermittent dips back to the original rate of 8.0E-5. Therefore, overall, the IDR exchange rate appears to be relatively stable, with a slight increase midway through the provided timestamp.
Identifying any seasonality or recurring patterns in the changes of exchange rates
Given the relatively stable IDR rate exhibited, there doesn't seem to be an obvious pattern of seasonality in the data set. The few downturns that occur do not show any recurring time-based pattern. However, it should be noted that to understand or ascertain seasonality, we might need a more extended period data.
Noting any outliers, or instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality
In this dataset, the significant jump from 8.0E-5 to 9.0E-5 at the timestamp "2024-05-02 10:20:04" can be treated as an outlier, given the otherwise stable value of the IDR rate observed. Similar, though less significant outliers can be noted when the exchange rate drops back to 8.0E-5 intermittently amidst the more prevalent rate of 9.0E-5. A thorough inspection of external factors or a more elaborate data set might be necessary to explain these outliers appropriately.