2024-05-10 Russian Ruble News
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2024-05-09
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 of Exchange Rates
Based on the data provided, the Ruble (RUB) exchange rates have shown minor fluctuations over the given period. The exchange rate started at 0.01498 and albeit a minute increment can be noticed peaking at 0.01499. It subsequently comes down slowly towards an approximate ending rate of 0.01494 towards the end of this time series data. There seems to be a minor decrease in exchange rates overall during this period.
Seasonality or Recurring Patterns in Exchange Rates
While the timespan is relatively short to decisively discern any seasonality or recurring patterns, a pattern seems to emerge where the rate increased slightly and remained steady for a while before going on a gradual decline.
Outliers in Exchange Rates
The dataset seems consistent, and there does not appear to be any outlier instances where the exchange rate deviates significantly from the expected rates. The changes in rate remain within a range denoting stability over the period. Minute fluctuations observed in exchange rates are commonplace market occurrences.
Additional Notes
This analysis only focuses on the internal patterns and trends present in the data and does not consider factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. The interpretation described here relies solely on the provided time series dataset for a single day. For a more comprehensive understanding of exchange rate trends, an analysis that includes these factors over a longer period remains imperative.
