2024-05-14 Swedish Krona News
2024-05-13
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
Analysis of Exchange Rates Over Time Period
The data provided represents the changes in the exchange rate (SEK) over time, between 2024-05-13 00:00:02 and 2024-05-13 23:55:02. The specifics of that trend are broken down as follows.
1. Overall Trend of Exchange Rates
The overall trend of the SEK exchange rates within this period appears to fluctuate within a confined range of values, with variations of the rates that increase and decrease intermittently over time. The starting exchange rate is 0.12615 while the closing exchange rate is 0.12607. The highest exchange rate recorded was 0.12636 and the lowest was 0.12585, indicating an overall variance of 0.00051 across the timeline. The variation in the exchange rate is quite small, indicating some level of stability in the SEK exchange rate during this period.
2. Seasonality or Recurring Patterns
From the data provided, there doesn't appear to be any evident seasonality or recurring pattern in the exchange rates. The rates appear to fluctuate at seemingly irregular intervals. A more detailed analysis with a wider range of data and more sophisticated tools may reveal a deeper pattern or seasonality.
3. Outliers in Exchange Rates
From a surface-level analysis, there don't appear to be any outliers; the exchange rate data values are contained within the range of 0.12585 - 0.12636, a remarkably small range considering the data spans a trading day. Every recorded value is relatively close to one another, with no noticeable deviations.
Please note that this analysis does not take into account the opening and closing hours of markets or consider any potential impacts of financial news or reports released during this period.