2024-05-08 Som News
2024-05-07
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 the Exchange Rates
The overall trend of the KGS exchange rates throughout the day on 7th May 2024, fluctuates slightly but it generally increases gradually. The KGS rate starts from 0.01543 at the beginning of the timestamp and increases to 0.01553 towards the end of the data. Please note, the fluctuations are very subtle and they're in the fourth decimal place, which indicates a very gradual but mildly increasing trend overall.
2. Identifying Seasonality and Recurring Patterns
Given the data is only for one day, it's difficult to identify a clear seasonality or recurring patterns. It would require data across many days, especially over the same periods (e.g., daily data over several weeks or months), to ascertain if there is a repeatable pattern occurring on a particular day or at a particular time. That being said, based on this single day's data, there appears to be no clear pattern or seasonality that can be ascertained.
3. Outliers and Significant Differentials in Exchange Rates
From the single day's data provided, there appears to be no significant outliers or instances where the exchange rate has a major change. The data reflects slight fluctuation with a small upward trend in the value of KGS as the day progresses. For a more accurate analysis on outliers and major differences, it would be helpful to have a larger dataset extending over a longer period of time.
Please note, the granularity of the decimal place we're considering, even a very minor change in rates could be significant, thus, while it appears there are no outliers, there is steady, if slight, movement across the day.