2024-04-22 Somoni News
2024-04-21
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
Understanding the overall trend of the exchange rates
Looking at the dataset, from March 22, 2024 to April 19, 2024, the overall trend of the exchange rate in this period appears to be increasing. This is indicated by an increment in the TJS exchange rate from 0.12377 to 0.12577. There is some fluctuation along the way, but the general trend leans towards an increment. It's important to note that this is an overall view and short term micro trends can still involve both increasing and decreasing periods.
Identifying any seasonality or recurring patterns in the changes of exchange rates
From the provided data, there seem to be no strong recurring patterns that can be readily identified. The exchange rate data does not appear to follow a consistent oscillatory pattern that might suggest seasonality within the span of a day or over the course of the week. This, however, does not exclude the possibility of non-obvious, intricate patterns that may require more sophisticated, time series decomposition analyses to recognize.
Noting any outliers, or instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality
Given the upward trend mentioned earlier, there are instances where the exchange rate drops and these could be considered as outliers. Some of these unusual drops are observed on April 3, 2024, from 0.12424 to 0.12342, then April 11, 2024, from 0.12489 to 0.12355, and finally on April 18, 2024, from 0.12630 to 0.12576. While these instances can be considered as potential outliers, the fact that similar drops are observed on several occasions might suggest that they are part of a larger pattern that is not captured by simple linear analysis.