2024-05-21 Somoni News
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2024-05-20
Summary of Last Month
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overview
The data provided represents the changes in TJS currency exchange rates recorded every five minutes within a day of May 20, 2024. The total number of observations for this date is 284.
A trend within the day for the TJS exchange rate
From the given data, it is noticeable that the exchange rate started the day (00:00:02) at 0.12602, fluctuated slightly in the early hours, and then went to the maximum rate for the first part of the day at 0.12615 (at 02:20:02, 02:25:02, and 02:30:02 time period). The rate then showed a slight drop and remained relatively steady until 06:20:02, when it dramatically fell to 0.12545, hitting the lowest point of the day. The rate then steadily fluctuates around the 0.1254 mark till the end of the day, reaching a high of 0.12564 (at 21:15:03 and 21:20:03 time period) around 21.00 hours, before once again settling back down towards the 0.1256 mark by the end of the day.
Seasonality and recurring patterns
On a granular level, the data does not show clear indicative seasonality within the day or specific recurring patterns based on the given one-day dataset. There are, however, micro-level fluctuations observed throughout the day.
Outliers
At the macro level, an apparent outlier in this dataset is the sharp decrease in the exchange rate around 06:20:02 from the 0.126 level to the 0.125 mark. This could be due to numerous internal and external factors which we aren't taking into account for this specific analysis. Nonetheless, this marked decrease does stand out in a day of otherwise relatively small fluctuations.
![Remarkable Stability Observed in TJS Exchange Rate](http://currencymart.net/images/news/somoni/2024-05-21/img-j2nivse3EbGBvLPU54ILPXYA.webp)