2024-05-15 Surinam Dollar News
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2024-05-14
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
General Overview
The provided dataset represents a snapshot of the exchange rate data for May 14, 2024. The values reported range from a minimum of 0.04204 to a maximum of 0.04252. The prices of the exchange rate appear to fluctuate around the value of 0.0422 throughout the day.
Understanding the overall trend
The overall trend of the exchange rates shows minor fluctuation throughout the day. In general, the value oscillates mostly around 0.0422, with a bit of variability but no distinct direction (either ascending or descending). Keep in mind that this is the trend observed for one day, which may not be representative of a longer-term trend over multiple days, weeks, or months.
Identifying seasonality or recurring patterns
In the given one-day data, there does not appear to be a clear seasonality or recurring pattern. The data does appear to show some oscillation, but it does not exhibit a clear regular cycle that repeats at a specific interval within this day. Given more days of data, patterns such as those linked to market opening and closing times or day-to-day changes might become evident.
Outliers
Within the given day of data, there do not appear to be any significant outliers; the exchange rate remains within a fairly tight range. Minor fluctuations are common in exchange rates, and all shifts in rate on this date stay within a small magnitude. This levelling suggests fairly stable conditions without notable disruption.
Please note that this is a very high-level interpretation of the data you provided. More detailed or nuanced analysis may require more data and context, such as broader historical trends, correlation with trading volumes, or events in the wider economy or political landscape.
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