2024-04-26 Solomon Islands Dollar News
2024-04-25
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. Overall Trend Analysis
The overall trend of the SBD exchange rate between 2024-04-25 00:00:02 to 2024-04-25 23:55:02 exhibits a slight increase with minor fluctuations. The rate starts at 0.16043, dipping to a low of around 0.16009 before it rapidly increases to a notable high of about 0.16124, then returns to end around 0.16110. Although there are fluctuations throughout the day, the total change from the beginning to the end of the day is minimal, indicating a relative stability in the exchange rate.
2. Seasonality and Recurring Patterns
In this particular set of data, it's difficult to discern any specific periodical patterns or seasonality due to the short time span it covers (only one day). However, some volatility in exchange rates can be seen periodically with rates inching upwards in the later parts of the day, but we need more data to determine if this is a recurring pattern.
3. Identification of Outliers
One potential outlier evident is the quick spike in the exchange rate to a high of 0.16124 at 2024-04-25 13:50:03, which was not representative of the typical slow-moderate fluctuations occurring during the rest of the period. Following this spike, the exchange rate promptly returned to its previous trend of gradual increase. It is likely that this spike is an outlier, though further data and exploration would be needed to confirm.