2024-04-30 Syrian Pound News
2024-04-29
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
1. Overall trend of the exchange rates
Based on the provided time series data, it appears that the exchange rate has remained stable at 0.00054. The rate has not shown any changes in the given timestamps, indicating a period of stability in the foreign exchange market for this currency. It is usually a positive sign of market stability, however, it can also suggest that the data might be lacking any significant shifts or trends in the market.
2. Seasonality and recurring patterns
The stable rate of 0.00054 throughout the period shows no seasonality or recurring patterns. Typically, these patterns can be identified when there are consistent and predictable changes in data at regular intervals. However, in this case, the consistency and predictability of exchange rates appear to be constant, not exhibiting any fluctuations or patterns. This might indicate that there is a strong control or stability mechanism operating this exchange market.
3. Outliers in the data
Given the stable rate of 0.00054 at all timestamps, it does not appear that there are outliers. An outlier would typically be a data point that significantly differs from the other observations. However, in this data series, each point aligns with the general trend perfectly and doesn’t deviate, indicating that there are no outliers.
General Note
This is a simplified analysis derived purely from the given time series data, without considering any external influencing factors. Such factors as dramatic shifts in the financial market conditions, policy changes, macroeconomic indicators or significant news events can have an impact on exchange rates and introduce volatility or fluctuations into the market. Therefore, while constant stability might not be the norm in reality, this analysis aims to provide insight based on the dataset provided.