2024-04-23 Saint Helena Pound News
2024-04-22
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
Analysis of Exchange Rate Data
The analysis of the data points within the dataset reveals interesting insights about the exchange rate over different timestamps. It must be noted that the conclusions drawn from this analysis do not take into account attributes such as market opening/closing hours, weekends/holidays, or the release of financial news and reports, as instructed.
1. Overall Trend of Exchange Rates
The data indicates that there are fluctuations in the exchange rate, but overall, it does not display a distinctly increasing or decreasing trend. The rate remains generally steady over the given time period. It oscillates between a low of around 1.08341 and a high of 1.08823.
2. Seasonality and Recurring Patterns
Due to the relatively limited time period covered by the data, it would be hard to identify long-term seasonality or recurring patterns. However, upon a visual examination of the data, one can notice some short-term regularity in the fluctuations of the exchange rate. The exchange rate oscillates up and down within a small range. This suggests that there might be some short-term patterns, adding micro-scale cyclic behaviour which can be analysed further with more data.
3. Outliers
The dataset does not contain any ostensible outliers as the values generally fall within a narrow range without any notable sudden spikes or dips. The exchange rate shows occasional but moderate variations which could be typical given the nature of the financial market.
In conclusion, this dataset serves as an accurate representation of the average exchange rates during the depicted timeframe, and any assessment points to a regular or steady exchange rate that displays small oscillations but no drastic fluctuations or sharp anomalies.