2024-05-13 Tenge News
2024-05-12
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
Analysis of Exchange Rates Data
The dataset which was provided includes timestamped foreign exchange rate (KZT) data. From the given dataset we can infer some key observations and patterns which might help in understanding better the performance of KZT during the period for which data was provided.
Overall Trend
The overall trend indicates that the exchange rate of KZT over the given period has been relatively stable. The values mostly fluctuate between 0.00306 and 0.00312. There are some minor fluctuations, but by looking at the data, we cannot observe any clear increasing or decreasing trend over this period.
Seasonality and Recurring Patterns
While the dataset is not extensive enough to provide an affirmation of the existence of any significant seasonal or recurring patterns in the exchange rates evolution, the data does suggest possible daily patterns. Most significantly, the data often displays a slight increase midday and then reverts back to an earlier value. This pattern could possibly be connected to market activity times which usually have a peak midway through the business day. Further data and analysis would be needed to confirm such hints.
Outliers
Scanning through the dataset, no significant outliers are observed. The rates remain within a consistent range throughout the period, without any spikes or drops that would indicate a significant and unexpected change in the exchange rate. This might signal the fact that the market remained relatively stable during this period, without any significant events to upset the balance.
Please note that without any market data or further financial elements considered we can't pinpoint to specific factors that might influence these rates. Also, given the limited dataset we have, longer-term trends and seasonality might not be accurately identified.