2024-05-13 Russian Ruble News
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2024-05-12
Summary of Last Week
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Here's detailed analysis of the dataset:Understanding the Overall Trend of Exchange Rates
For the time frame provided, there is a general trend of fluctuation but an overall slight increase in the RUB Exchange Rate. It starts at a rate of 0.01477 on 2024-04-12, falling slightly to 0.01474 by 2024-04-15. However, by 2024-05-10, the rate has consistently increased to 0.01492. While there are minor deviations from this trend, the overall trajectory is a slow, steady increase in value.
Identifying Seasonality or Recurring Patterns
On analyzing the data, it appears there are no clear seasonal patterns in the exchange rate data. The fluctuations seem more random than cyclical, with no consistent peaks and troughs occurring at regular intervals. This indicates that this time-series data lacks a clear seasonal component when observing over a period of few months.
Noting Any Outliers
- On 2024-04-16, the exchange rate dips to 0.01468, which is a significant decrease compared to the rates immediately before and after this timestamp. This stands out as an outlier.
- Another significant outlier noticed is on 2024-05-06, when the rate jumps to 0.015, which is the highest throughout the time period provided. This again stands out as a noticeable deviation from the overall trend.
These outliers could be a result of certain unpredictable market events, though without more data or contextual information, it is hard to definitively explain these anomalies.
Note: As per your instructions, This analysis doesn't take into consideration any specific external events influencing the exchange rate, such as market opening/closing hours, weekends/holidays, and the release of key financial news or reports. However, it's essential to know that these factors can have a substantial impact on actual exchange rate fluctuations.![Rouble Drifts Lower Against Dollar Amidst Market Pressure](http://currencymart.net/images/news/russian-ruble/2024-05-13/img-HbXrZJjPFCSZKTHvsAN0cDBn.webp)