2024-05-17 Rupiah News
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2024-05-16
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Comprehensive Analysis
Given the provided data, the following analysis was conducted:
Understanding The Overall Trend Of The Exchange Rates
Upon reviewing the IDR exchange rate values, there is a constant trend observed such that there is no increase or decrease in the exchange rate. The IDR exchange rate remained stable at 9.0E-5 throughout the entire dataset. In other words, the exchange rate is stationary throughout this period. There is no apparent uptrend or downtrend for this dataset. The data provided does not exhibit a clear overall trend of decreasing or increasing.
Identifying Any Seasonality Or Recurring Patterns
In regards to seasonality or recurring patterns, given the data provided, it is quite challenging to identify any such patterns because the rate remained constant in the entire dataset. With no variability in the data, it is not possible to uncover seasonal trends or recurring cyclic behaviour in the exchange rates. For a comprehensive seasonality analysis, the dataset should ideally contain a significant amount of fluctuation in the data values.
Noting Any Outliers
Considering the entire dataset's consistency, it appears that no outliers exist. By definition, an outlier is a data point that diverges significantly from other similar observations. However, with the given dataset, all observations are identical. Thus, we can confidently state that there are no outliers in this particular dataset.
![Unprecedented Stability in IDR Exchange Rates Remarkably Sustained Over 24 Hours](http://currencymart.net/images/news/rupiah/2024-05-17/img-iDpf3hE9y5ILx2Me82tMnKjU.webp)