2024-05-14 Tenge 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
1. Understanding the Overall Trend of the Exchange Rates
Upon analyzing the provided data, the exchange rate for KZT appears to be stable, maintaining a consistent value of 0.00311 for a significant portion of the time series. And then began experiencing slight changes, starting from 2024-05-13 06:20:03, the value dropped to 0.0031 and remained so until the end of the timeframe in the dataset. No noticeable increasing or decreasing trends can be detected based on this set of data.
2. Identifying Seasonality or Recurring Patterns
The dataset does not demonstrate any clear seasonality or recurring patterns within the given time frame. The exchange rate maintained the same for long durations whether it was different hours of the day or different timestamps indicating no identifiable pattern associated with specific times of a day or certain periodic instances.
3. Noting Any Outliers
As for outliers, this dataset does not present any extreme fluctuations in exchange rate that would be considered statistically significant. The only variation noted is the slight drop from 0.00311 to 0.0031 which remained consistent afterwards, this change although minimal, can be considered the only significant "outlier" based on this set of data. However, given the magnitude of this variation it can hardly be classified as a statistically significant outlier.
![Unwavering KZT Exchange Rate Reflects Unprecedented Market Stability](http://currencymart.net/images/news/tenge/2024-05-14/img-665oISjBDqAqKTikGOMg5KlC.webp)