2024-05-22 Somoni News
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2024-05-21
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
The provided dataset covers a timespan of less than a day and contains data every 5 minutes or so. The exchange rate starts at approximately 0.12557 at the beginning of the data and ends up around 0.1262 at the last timestamp. This indicates a general increase in the exchange rate over this period. However, it is critical to note that while there is an overall increase, there are also periods of fluctuation where the exchange rate decreases before increasing again.
Identifying Seasonality or Recurring Patterns
Given the data is short-term (less than a day), it is challenging to identify any significant seasonality or recurring patterns confidently. However, there are several peaks and troughs observed throughout this period, suggesting some degree of volatility in the exchange rate. Still, without more data and context, it's tricky to conclude if this is a regular pattern or due to certain hours of the day.
Noting Outliers in Data
Most exchange rates in the data provided tend to fluctuate within a narrow range. But, there is a noticeable jump around the 06:25 timestamp, where the rate jumps from approximately 0.12552 to 0.12611, which is a relatively large change compared to others. This could potentially be classified as an outlier.
However, without understanding what could be causing this fluctuation, it is difficult to definitively categorize this as an outlier. External factors such as financial news, key financial report releases, market hours, etc., often significantly influence exchange rates, but these factors were not considered in this analysis as per the instruction.
![Steady Rise in TJS Exchange Rates Observed in Market Shifts](http://currencymart.net/images/news/somoni/2024-05-22/img-tJNtghj3pkUHdcc1NRHDSlOe.webp)