2024-05-21 Som News
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2024-05-20
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 Rates
After reviewing the data provided, it was found that the overall trend of the exchange rate demonstrated a gradual, slight increase throughout the given timeframe. The rate started at around 0.01542 and rose to 0.01547 by the end. This minor uplift shows that the currency in question has been slowly appreciating against the KGS during the provided timeframe.
Seasonality and Recurring Patterns
The data doesn't seem to exhibit any prominently identifiable seasonal or recurring patterns in terms of the provided timestamps. The fluctuations in the exchange rates were relatively small and mostly consistent over time. The movement appeared to be on a minor upward trend, without apparent cyclical patterns or characteristic oscillations that would indicate seasonal influences.
Outliers in the Dataset
From the analysis of the data, there are no obvious outliers. This means that there are no instances where the exchange rate made a significant shift and then rapidly returned to its prior level, indicating possibly erroneous data or an extraordinary market event. All the data points seem to adhere to a similar level of change without large jumps or falls, indicating stable market conditions over the period covered.
It's important to note that this analysis is purely based on the provided data. For a more precise and thorough understanding of the trends, a more sophisticated statistical analysis may be necessary, possibly encompassing other external factors.![Notable Surge in KGS Exchange Rates Witnessed](http://currencymart.net/images/news/som/2024-05-21/img-8errBAYSyiVllu892lBPcuyY.webp)