2024-05-21 Tenge News
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2024-05-20
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 in Exchange Rates
After a comprehensive analysis of the exchange rate data, it is observed that the exchange rate of the KZT remained constant for most of the time period provided. The rate fluctuated around the value of 0.00307, showing no significant changes or trends in either direction (i.e., neither increasing nor decreasing). The rate does drop to 0.00306 a few times, but quickly reverts back to the original value.
Seasonality and Recurring Patterns
Given the data set provided, there does not appear to be any clear seasonality or recurring patterns in the exchange rates. With the KZT exchange rate remaining mostly stable at 0.00307, there are no identifiable cycles or periodic fluctuations that would indicate a seasonal pattern. Moreover, the data doesn't provide any information regarding different seasons or months; hence, seasonality in the traditional sense (i.e., quarterly, monthly, etc.) can't be established.
Notable Outliers
Regarding outliers, there are only a few instances where the exchange rate briefly dips to 0.00306 before quickly returning to the dominant rate of 0.00307. These instances are exceptions and can be considered as minimal outliers since they deviate slightly from the norm. However, these few observations do not impact the overall trend of the data.
![Unwavering Stability: A Remarkable Day for KZT Exchange Rates](http://currencymart.net/images/news/tenge/2024-05-21/img-qGqFWMynXLtg5zkrFqn9colp.webp)