2024-05-21 Surinam Dollar 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
Overall Trend of Exchange Rates
Looking at the provided time-series data, it's observed that the exchange rate (SRD) experienced minimal volatility. The rate starts at 0.04227, and the highest it reached was 0.04236, while the lowest was 0.04176. The changes are minimal and indicate relative stability in the exchange rate during this period. The trend shows no clear steady increase or decrease.
Seasonality or Recurring Patterns
The data does not show any explicit seasonality or recurring patterns based on the given timescale. The fluctuations in the rate value appear more random than cyclic, not showing any consistent peaks or troughs that might indicate a recurring pattern. However, it should be noted that detecting seasonality might require a more extended period dataset or more granular data.
Identification of Outliers
The dataset does not appear to contain significant outliers. The data stays within a reasonably tight range, with the difference between the maximum and minimum values being very slight. This suggests that the exchange rate was stable and consistent throughout the period, with no significant unexpected spikes or drops.
However, there is a noticeable decrease in the exchange rate at 2024-05-20 09:40:03, where the rate falls from 0.04227 to 0.04178. This suggests a potential outlier or a sudden market event that influenced the exchange rate. However, investigation beyond the scope of the data would be required to confirm this hypothesis.
![Subtle SRD Exchange Rate Fluctuation Observed Over the Day](http://currencymart.net/images/news/surinam-dollar/2024-05-21/img-KHr0LYIZADFtJb2flWc4E8EQ.webp)