2024-05-09 Somoni News
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2024-05-08
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Analysis of data
The data provided includes time series data on exchange rates (TJS) from 2024-05-08 00:00:02 to 2024-05-08 23:55:02.
1. Understanding the overall trend of the exchange rates
The overall trend of the exchange rates seems to be relatively stable, with a slight general decrease. The exchange rate started at 0.12593 at the very start of the day, and ended at 0.12574 at the end, showing a small negative change through the day. However, it's important to note that this trend could change if we expand the duration of the data.
2. Identifying any seasonality or recurring patterns
In this particular dataset, it is challenging to identify any clear seasonality or recurring patterns due to the relatively short time frame (just one single day). Also, the slight decrease doesn't repeat consistently throughout the day, which makes it further harder to detect a pattern. Any detected patterns would need to be validated with data across multiple days or weeks.
3. Noting any outliers or unexpected values
For the outliers, the highest exchange rate for the given day was 0.12611 (which occurred at 07:20:03), and the lowest was 0.12570 (which occurred at 22:25:02). These values could potentially be considered as outliers, but they are not significantly different from the other values in the dataset.
To sum up, based on this one-day data, we observe a very slightly declining trend in exchange rates, with some normal fluctuation within the day, but it's quite challenging to identify a solid recurring pattern in such a short period dataset. Also, any potential outliers in the dataset are not too far from the normal range, indicating generally stable rates throughout the day without any drastic spikes or drops.
![Slight Fluctuations Observe in TJS Exchange Rates](http://currencymart.net/images/news/somoni/2024-05-09/img-HJgeyBDiSgvcegqRYLysmQgR.webp)