2024-05-14 Trinidad and Tobago Dollar 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
Overview
To conduct a financial analysis of the given data, we first parsed the provided data and tabulated it appropriately. The two main columns are date and TTD exchange rates. It covers a period of one day from May 13th, 2024 00:00:02 to May 13th, 2024 23:55:02. There are a total of 208 data points.
Overall Trend
The recored start TTD exchange rate was 0.20124 and the ending rate was 0.20148. From start to end recorded period, we can observe that there is a very slight increase in exchange rate. It appears that the exchange rate remained generally stable with slight movements both upward and downward. These movements do not represent a significant change in the rate over the period.
Seasonality or Recurring Patterns
The time series data does not span a sufficient amount of time to establish clear seasonality or recurring patterns. The dataset covers a period of just 24 hours, meaning we only have intraday observations. While there are minute-to-minute fluctuations over the day, these do not represent any significant seasonal trend or pattern.
Outliers and Noteworthy Instances
The major part of the data seems to be distributed within a close range. The minimum TTD exchange rate recorded was 0.20112 and the maximum was 0.20157. There were no significant outliers or instances where the exchange rate deviated notably from the mean.
All the exchange rate changes happened within the regular trading ranges, without any abrupt spikes or crashes. Throughout the day the rate was moving in a somewhat uniform manner with small fluctuations.
Conclusion
In conclusion, the TTD exchange rate on May 13th, 2024 showcased minor fluctuations throughout the day, with a very slight overall increase. No discernible seasonality, recurring patterns, or significant outliers were observed within the given data.
It's important to note that this analysis is based solely on the given data, external factors like market opening/closing hours, weekends/holidays or the release of key financial news, events and reports have not been considered which could potentially affect the TTD exchange rate.
![Subtle Volatility Observed in TTD Exchange Rates](http://currencymart.net/images/news/trinidad-and-tobago-dollar/2024-05-14/img-2KCtOwtxGPKWWPeGtquF4h6Z.webp)