2024-05-10 Sudanese Pound News
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
Overall Trend in Exchange Rates
Based on the dataset provided, the overall trend in exchange rates appears to be generally stable. The rate hovers around 0.00228 and 0.00229, showing very little fluctuation. This indicates that during the time period shown, the exchange rate of the SDG remained consistent.
Seasonality or Recurring Patterns
It is challenging to identify any significant seasonality or recurring patterns in the changes of exchange rates based on the data provided. Since the values mostly remain constant at 0.00228 and 0.00229 for the entirety of the period, there doesn't appear to be a clear cyclical pattern that repeats at regular intervals.
Outliers
At a glance, we do not see visible outliers in this dataset. The majority of the exchange rate measurements hover stably between 0.00228 and 0.00229. There are a couple of instances where the exchange rate has dipped slightly to 0.00227, but such occurrences are infrequent and the rate bounces back to its usual range almost immediately.
Note: A deeper analysis might involve using statistical methods and visualization tools to identify and quantify outliers more precisely.
Influence of External Factors
Given the specific instructions for this analysis, we did not take into consideration external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. Despite this, it's worth noting that these elements can often impact exchange rates significantly, causing the kind of variation and movement not witnessed in this dataset.
It would be beneficial to conduct a more in-depth analysis with such factors in mind for a more holistic understanding of the reasons behind exchange rate fluctuations.