2024-05-09 Sudanese Pound News
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
Understanding the overall trend of the exchange rates
Upon inspection of the dataset provided, the SDG exchange rate notably remained consistent for the majority of timestamps at 0.00229. It was only at 2024-05-08 09:15:03 that a shift in the exchange rate was noted to 0.00228, where it remained for the rest of the period observed. There is no clear trend of increase or decrease during this time, and the currency appears primarily stable.
Identifying any seasonality or recurring patterns in the changes of exchange rates
The data provided does not exhibit any discernible seasonality or recurring patterns. As the variable remained constant at 0.00229 before switching to 0.00228, there are no cyclical fluctuations that could suggest seasonal influences or recurring patterns. Only one shift in the exchange rate was observed. Any further discussion on this would require a larger data set.
Noting any outliers, or instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality
No significant outliers have been noted in this dataset. The only change in rate from 0.00229 to 0.00228 is not significant enough to be considered an outlier against the backdrop of a generally stable currency. Furthermore, given the lack of observable trend or seasonality in the data, the shift does not contradict any pre-existing exchange rate patterns.
Please note that this analysis is purely quantitative and based solely on the dataset provided. It does not take into account extraneous factors that could potentially impact exchange rates, such as socio-political context, monetary policy, and global market conditions. As per your instructions, factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports were also not considered. A more exhaustive analysis could yield different results.