2024-04-16 Swiss Franc News
2024-04-15
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
Understanding the overall trend of the exchange rates
The data provided shows minor fluctuations in the exchange rates over the given period. Starting with a value of 1.50445, the exchange rate rose to a peak of 1.51169, before falling back to 1.51111 at the end of the period. This indicates a slight upward trend in the exchange rate over this period.
Identifying any seasonality or recurring patterns in the changes of exchange rates
An initial review of the data does not clearly reveal any visible seasonal patterns or cyclical fluctuations. There appears to be no repetitive rise or fall pattern in the exchange rates within the given time frame. However, more patterns may become evident when the data is analyzed using complex statistical methods like spectral analysis or when the longer-term data is made available.
Noting any outliers in the dataset
Regarding outliers, or points where the exchange rate differs significantly from the expected trend, the data does show a few instances of relatively large jumps in the rate - for example, between '2024-04-15 12:15:03' and '2024-04-15 12:25:03', the rate jumped from 1.50705 to 1.50810, implying a sudden surge in the exchange rate. Such points may be considered outliers and could be due to several factors that might have disrupted the market temporarily.
In conclusion, while the data provided offers valuable insights into the exchange rate dynamics during the given period, further analysis, potentially with additional data and more sophisticated statistical methods, would provide a deeper understanding of the trend, seasonality, and outliers in the data.