2024-04-22 Taka News
2024-04-21
Summary of Last Week
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend
The overall trend for the given date range seems to show a steady increase in the exchange rate from 0.01236 starting 22nd March, 2024 to a peak of 0.01257 on 15th April, 2024. After reaching this peak, the exchange rates slightly decrease and stabilize around 0.01250-0.01255 towards the end of our dataset on 19th April, 2024.
Recurring Patterns and Seasonality
From the given data, a daily seasonality might be inferred, but it's not very significant. There is a slight indication that the exchange rate starts and ends with higher value during the early hours and late hours of the day. Since we are analyzing a short period of 28 days only, we cannot firmly conclude on any weekly, monthly, or annual seasonality pattern.
Outliers
There don't seem to be any significant outliers over this period, indicating exceptional movement in exchange rates. However, observing the maximum value at 0.01257 and minimum value at 0.01229, it can be inferred that the exchange rate does undergo minor fluctuations during the month-long period. However, these degree of fluctuations are quite common in forex markets and do not indicate a significant outlier event.
It is important to note that for a more concrete analysis, other external factors such as the release of key financial news & reports, market opening/closing hours, weekends/holidays, etc. can impact exchange rates which have not been accounted for in this analysis as per your requirement.
Conclusion
The general trend in BDT exchange rates over the period from 22nd March, 2024 to 19th April, 2024 is of a slight increase followed by a slight decrease and stabilization. There don’t seem to be any significant outliers. While there are minor daily fluctuations, any significant seasonality patterns could not be identified based on the data provided.