2024-05-06 Somali Shilling News
2024-05-05
Summary of Last Week
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend of Exchange Rates
The data provided is predominantly between the values 0.00237 and 0.00242. There doesn't seem to be any significant trends in the sense of an apparent increase or decrease over time. The exchange rate appears to be relatively stable throughout this period.
Seasonality or Recurring Patterns
As per the data provided, which is limited, it's difficult to confidently claim any clear recurring patterns or seasonality. Due to the nature of exchange rates, such patterns are often better discerned with a more extended range of data that allows for the comparison of the same periods over different years. However, in the given data set, we do not see any identifiable daily or weekly patterns.
Outliers in The Data
With respects to the provided dataset, there do not seem to be any significant outliers. The exchange rates remains mostly confined between 0.00237 and 0.00242. Any minor deviations beyond this range do not appear to be significant enough to be considered as outliers. This suggests that during the period represented in the data, the exchange rate has been mostly stable without any abrupt fluctuations.
Summary
After analyzing the given timestep data for exchange rates, it is found that the rates tend to stay quite stable over the entire span. No clear trends (upward or downward) are discernable, and any fluctuations within the expected range do not indicate any noticeable seasonality or recurring patterns. Similarly, no significant spikes or drops have been observed that would suggest outliers. Thus, this analysis highlights the relative stability of the exchange rate during this period.