2024-05-03 Serbian Dinar News
2024-05-02
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Understanding the Overall Trend of Exchange Rates
The dataset provided represents the changes in exchange rates (RSD) for the dates May 2, 2024, every five minutes from 00:00:02 to 23:55:02. The exchange rate remains stable in most cases, ranging from 0.0125 to 0.0126, with minimal fluctuations observed. The highest recorded value of the exchange rate was 0.01256, and the lowest was 0.01251. So, there is no significant difference between the maximum and minimum exchange rates.
2. Identifying Seasonality or Recurring Patterns
The provided dataset consists of only one day's exchange rates, and hence it is not viable to ascertain any seasonality or recurring patterns without prior analysis of longer time periods. However, it can be observed, for this specific day, that the exchange rates display a steady pattern, not deviating much from their initial rates.
3. Noting Outliers
Given the narrow range of values of exchange rates in the dataset (from 0.01251 to 0.01256), there don't appear to be any significant outliers. The variations exist mainly within 0.00005, which is a meager amount and hence no significant outliers are found. All of the recorded exchange rates fall within the general trend for the day.
Note: This analysis is based solely on the given data and does not consider external factors such as market conditions, economic news, or other global events that could have influenced these rates. Additionally, no predictions or interpretations beyond the given dataset are provided.