2024-04-24 Taka News
2024-04-23
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend in Exchange Rates
Based on the data provided, it appears that the exchange rate for BDT remains largely stable over the observed period. The values fluctuate between 0.01246 and 0.01252, which indicates that the currency depicts a low volatility. There doesn't seem to be a prevailing trend of either increasing or decreasing, as the changes in the rates are minor and frequent back and forth between these values.
Seasonality or Recurring Patterns
It is hard to observe clear seasonal trends or recurring patterns in this dataset as we only have data for a single day. The currency's exchange rate doesn't appear to be significantly influenced by the time of day, but proper time-series analysis with periodical data (daily, monthly, yearly) might reveal more details in terms of seasonality or recurrent patterns.
Outliers Analysis
Given the narrow range of values, the data contains no significant outliers, or instances where the BDT's value deviates significantly from the trend. The highest exchange rate observed is 0.01252 while the lowest is 0.01246, which is a typical fluctuation for currency exchange rates over a short period.
Conclusion
From this analysis of the given time-series financial data, we can conclude that the BDT's exchange rates remained quite stable over the course of April 23, 2024, with very minor fluctuations. A broader scope of time would be necessary to identify any trends, seasonality or external factors affecting the value. It's crucial to incorporate more extensive data to make a more informative financial analysis.