2024-05-14 Seychelles Rupee News
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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
From the given data, we can extract valuable insights about the time-based changes in the exchange rates (SCR).
Overall Trend of The Exchange Rates
Generally, the data shows slight fluctuations and minor changes in the exchange rate value through the given time period, indicating a relatively stable condition. An in-depth look indicates a general pattern of minimal increases and decreases, but no significant long-term upwards or downwards trend is observable across the whole dataset.
Identifying Seasonality or Recurring Patterns
No clear recurring seasonal patterns or trends are explicitly noticeable from the given dataset. The exchange rates exhibit a relatively consistent fluctuation without a clear seasonality pattern that would be associated with specific times of the day, week, or year.
Outliers and Significant Changes
Few instances show a slight variation from the usual pattern. For example, around 03:25:02, a decrease in exchange rate to 0.09849 from 0.09963 is witnessed. However, the value returns to the normal pattern soon after. These could be considered as outliers in the dataset. These, however, seem to be exceptions rather than the rule, as the dataset at large is remarkably consistent.
Note: The analysis given above is strictly based on the dataset provided and does not consider any external factors like market opening/closing hours, weekends/holidays, or release of key financial news and reports. Additionally, no forecast for future rates is made.
![SCR Records Significant Fluctuations and Notable Uptick in the Forex Market](http://currencymart.net/images/news/seychelles-rupee/2024-05-14/img-NbZQEml4wml4sdg4Lw2nsn8K.webp)