2024-04-30 Som News
2024-04-29
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
Overall Trend of the Exchange Rate
From an overview of the dataset, it seems that the exchange rate increases slightly over time. In particular, we notice a gradual increase from 0.01536 to 0.01543 over the course of the dataset.
Seasonality or Recurring Patterns
Identifying seasonality or recurring patterns in the time series data may involve looking for regular or predictable changes that recur every calendar year. However, given the nature of the dataset and the timeframe covered, it is challenging to identify any clear seasonality or recurring patterns in this specific dataset. Yet, the data shows slight vibrations in exchange rates that may correspond with daily trading hours.
Outliers in the Data
In this dataset, there doesn't seem to be significant fluctuations that would indicate the presence of outliers. The exchange rate moves within a tight range without any sharp drops or spikes which may signal a possible outlier or an event causing instability in the exchange rates.
Factors Affecting the Exchange Rate
Although not requested in the initial analysis, it's important to note that typically, factors such as market opening/closing hours, weekends/holidays, the release of key financial news and reports, and global events could contribute to fluctuations in the exchange rate. However, such factors have not been taken into consideration for this specific analysis as per the instruction provided.