2024-05-10 Somoni News
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2024-05-09
Summary of Yesterday
- 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
After assessing the exchange rate data from 2024-05-09 00:00:02 to 2024-05-09 23:55:02, we discern a very subtle decline in the exchange rate from 0.12575 to 0.12587. While this shift is relatively minor, it does suggests a very mild depreciatory pattern taking place over the analysed timespan. It's important to note that the pattern of fluctuation within this period remains relatively stable with most values hovering between 0.12575 and 0.12587.
Identifying any seasonality or recurring patterns in the changes of exchange rates
Upon inspection, no clear seasonality or recurring patterns can be observed in the given dataset. The exchange rate appears to change in a more or less random manner in this 24 hours timespan, with no specific pattern repeating at regular intervals. Any minor fluctuations that occur seem to be random and do not demonstrate any clear cyclical or seasonal trend.
Noting any outliers
Majority of the exchange rate values in the provided time series data are concentrated around the average value, with only minor variations. Thus, there don't appear to be any significant outliers in this dataset. All the data points seem to adhere to a similar trend, and no extreme values can be identified that would suggest an abnormal deviation from the observed pattern. Thus, based on the given dataset, the exchange rate behaviour appears to be largely consistent, without any abrupt or unexpected shifts.
![TJS Exchange Rate Witnesses Marginal Increase Amid Market Fluctuations](http://currencymart.net/images/news/somoni/2024-05-10/img-Ef0HjMRgybRuFxUowtn3JF60.webp)