2024-04-29 Saudi Riyal News
2024-04-28
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
Overall Trend in the Exchange Rates
From the provided data, we can observe that the rates have been subtly fluctuating. The exchange rate starts from around 0.36136 on 2024-03-29 and ends at around 0.36411 on 2024-04-26. The rates seem to have a bit of an increasing trend, but the change is relatively small, and most of the movement appears to be fluctuation around a similar range. Therefore, the rates' general trend over this period is slightly increasing, but mainly stable with periods of slight fluctuation.
Seasonality in Exchange Rates
Given the frequency of the data, it's hard to note any annual or monthly seasonality. If seasonal trends were present, they would be expected to repeat at a known regular interval, such as every week or month, but this doesn't seem to be the case here. Furthermore, the data covers less than two months, which is not a sufficient duration to establish seasonality.
Outliers Identification
It's not readily apparent from this data if there are any outliers, as the exchange rates seem to fluctuate within a reasonable range. Without knowledge of additional market factors or a longer-term historical range, it's challenging to provide a precise identification of any outliers. Further statistical analysis would be required to effectively identify any outliers in the data.
Note
This analysis is limited and only considers the rates and timestamps provided. It doesn't account for any external market factors such as weekends, holidays, or the release of financial news and reports. For a more comprehensive and accurate analysis, these factors, as well as a longer historical data range, should be considered.
