2024-05-14 Serbian Dinar News
2024-05-13
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
1. Understanding the Overall Trend
Looking through the given dataset, it implies that the exchange rates remain relatively stable throughout the period. There are only slight fluctuations between 0.01258 and 0.01261. The stable range of values implies minimal volatility in this time period.
2. Seasonality or Recurring Patterns
At a glance, it does not seem like there is a clear recurring or seasonal pattern in the exchange rate changes based on the given data. The slight fluctuations appear random and do not follow a specific trend that could suggest any cyclic behavior. However, it is important to note that this doesn't rule out potential seasonal effects that might become more evident over a longer timeframe.
3. Outliers Detection
In terms of outliers, this dataset appears relatively clean. All values are close to each other within a very tight range. There were no instances of significant deviations from the general level. This could be an indication of a stable economic period during this timeframe.
Summary
In conclusion, the RSD exchange rates remained fairly stable during this period with only minor variations. Given the lack of major deviations or outliers, we can suggest that this was a period of relative stability for the currency. This analysis does not take into account any outside factors such as political events, economic reports, or macroeconomic indicators that could potentially have a significant impact on exchange rates.