2024-04-23 Tala News
2024-04-22
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
Overall Trend of Exchange Rates
Overall, the WST exchange rate experiences multiple peaks and troughs throughout the dataset; it shows both periods of increase and decrease, suggesting some volatility. The exchange rate starts around a value of 0.489, climaxes to an approximate 0.49041 in the middle of the data and gradually drops to a low near 0.48824 before rising back to around 0.4886 in the end. Therefore, there's a slight overall decrease in the exchange rate for the period recorded in this dataset.
Seasonality or Recurring Patterns in Exchange Rates
An investigation into the seasonality or recurring patterns suggests that the exchange rates don't display a firm daily or hourly pattern within the given data. It appears to be a complex interplay of increases and decreases without clear reiterations of a specific pattern. This lack of a clear pattern could be due to the influence of a multitude of factors impacting the exchange rates, which aren't accounted for in this dataset. To conclude, no evident seasonality or recurring patterns could be detected from the current dataset.
Outliers in the Exchange Rates
The dataset does not appear to contain any significant outliers. An outlier in this context would constitute a rate that substantially deviates from the surrounding values, and no such value can be identified in this data. The fluctuations in exchange rates remain within a reasonable range. The highest value of the exchange rate observed is around 0.49041, and the lowest is near 0.48824, indicating that the exchange rates are clustered around a similar value, which suggests the absence of significant outliers. The data appears to be well-behaved with values moving within a very tight range.