2024-05-22 Som News
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2024-05-21
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend Analysis
Looking at the data, it is noticed that for the most part, the exchange rate remains relatively stable over the period shown. This includes the initial rate at the beginning of the period, which is about 0.01546. After cycling through the timestamps, the rate eventually rises slightly to 0.01548 by the end of the period. However, such increment is quite small, indicating a fairly stable exchange rate over the mentioned period.
Seasonality Analysis
In terms of the seasonality, no clear recurring pattern is discernible from the given dataset. The exchange rates exhibit small fluctuations that don't seem to hint at a systematic cycle or seasonality. Thus, the rates don't appear to change drastically due to factors that repeat at fixed intervals.
Outlier Detection
Observing the exchange rates, there were no major abrupt changes or significant deviations spotted which could have been deemed as outliers. The exchange rates within this period fluctuated only mildly and stayed within a perceivable range that goes from about 0.01545 to 0.01551, indicating that the exchange rates didn't differentiate significantly from the expected trend.
It's important to note that this analysis is solely based on the given dataset and doesn't consider external factors like market dynamics, opening/closing hours, weekends/holidays, or the release of key financial news and reports which could potentially impact the exchange rates.
![Stable KGS Exchange Rates Showcased Over Period of Uncertainty](http://currencymart.net/images/news/som/2024-05-22/img-C1NruISOkF26Mw68QifJdEhv.webp)