2024-05-14 Taka News
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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
Data Overview
The provided dataset contains time series data about the Bangladesh Taka (BDT) exchange rate measured at consistent intervals (approximately every 5 minutes) across a whole day on May 13, 2024. There are over 200 data points provided in the dataset, each corresponding to a specific timestamp.
Overall Trend
The BDT exchange rate in this set stayed relatively stable throughout the day, fluctuating between 0.01168 and 0.0117. The difference of 0.00002 represents a very minimal fluctuation showing a relatively stable behaviour of the exchange rate within the given period. There is no clear upward or downward trend in the data.
Seasonality or Recurring Patterns
Given that our dataset only spans a single day, it is not possible to determine any seasonality or recurring patterns within the data with certainty. Seasonality usually refers to clear and regular oscillations in data which occur over the span of at least one full year. Any patterns suggested within a single day need a larger dataset to justify if these patterns are occasional or recurring.
Outliers
At first glance, there do not appear to be any clear outliers in the dataset. The range of observed values is very tight (0.01168 to 0.0117), with no sudden or drastic changes that could be classified as outliers.
However, this preliminary conclusion only considers the visual data provided. For a more accurate and detailed analysis, a quantitative examination should be performed using statistical methods to detect any potential outliers that might not be visually discernible, although the likelihood seems very low in this particular dataset.
Any possible fluctuations seen during market opening and closing hours, or due to key financial news could not be properly assessed due to lack of supporting data in the dataset.
![BDT Exchange Rate Displays Remarkable Stability throughout the Day](http://currencymart.net/images/news/taka/2024-05-14/img-rFRD7HwEz2m6xDirKyBf6Klb.webp)