2024-05-09 Rupiah News
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2024-05-08
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
Upon observing the IDR exchange rates data provided from 2024-05-08 00:00:02 to 2024-05-08 23:55:02, it can be noted that the exchange rates have remained constant at 9.0E-5. Therefore, there has been no increase or decrease in the rates throughout the entire period under observation. This suggests a stable currency rate for this specific day.
Identifying any seasonality or recurring patterns in the changes of exchange rates
As the data indicates a constant rate of 9.0E-5 throughout the entire timeframe, no discernible seasonality or recurring pattern can be identified in this dataset. This could be indicative of a very stable economic condition on the specific day the data was recorded, or it could also be due to lack of market activity influencing the IDR exchange rates.
Noting any outliers
Since the exchange rates have remained constant at 9.0E-5 throughout the dataset, there are no identified outliers or instances where the exchange rate deviates from the observed constant value. In this particular dataset, all recorded rates are in perfect alignment with the overall observed trend.
![Unprecedented Stability in IDR Exchange Rates An Unlikely Scenario](http://currencymart.net/images/news/rupiah/2024-05-09/img-IZVpDHdTQ0kuYrGtqyFqKCRD.webp)