2024-05-21 Rupiah News
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2024-05-20
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
Data Overview
From a preliminary view, the given time-series data provides an exchange rate (IDR) at varying timestamps spanning from 2024-05-20 00:00:02 to 2024-05-20 23:55:02. The frequency of the observations seems to be roughly every five minutes. The exchange rate alternates between 8.0E-5 and 9.0E-5, with 9.0E-5 being the most frequently occurring exchange rate.
Overall Trend
The Overall Trend in the exchange rates is quite stable with only negligible fluctuations between 8.0E-5 and 9.0E-5. The rate generally remains stable at 9.0E-5 for extended periods, before dipping briefly to 8.0E-5. This setup is sustained throughout the day, making it hard to highlight a traditional 'increasing' or 'decreasing' trend.
Seasonality or Recurring Patterns
From a cursory view of the time-series data, no discernable regular seasonality or periodic pattern is observed in the exchange rates. However, a slight irregular variance is observed - the rate tends to drop from 9.0E-5 to 8.0E-5 later hours of the day, but does not consistently display this behavior. A more in-depth analysis or a more extended data set might yield more significant results to establish any form of seasonality.
Outliers
In this given context, the exchange rate tends to flip between 8.0E-5 and 9.0E-5, thus making both the commonly occurring values. There are no data points that deviate from these two values; thus, we can interpret that there are no outliers in this dataset as per the conventional definition of an 'outlier'. All the observations align with the frequently occurring exchange rate, which oscillates between the two predefined values.
![Unwavering IDR Exchange Rates Maintain Remarkable Stability](http://currencymart.net/images/news/rupiah/2024-05-21/img-AiAjmrgyFDrnKSY85mX935Ht.webp)