2024-04-17 Tunisian Dinar News
2024-04-16
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Analysis of Exchange Rate Trend
After investigating the dataset, the overall trend for the TND exchange rate seems generally stable with slight fluctuations between 0.43693 and 0.44481 over the given period.
The exchange rate commences at 0.43693, and though it experiences minor increases and decreases throughout the day, it concludes at 0.43697.
Seasonality and Recurring Patterns
In reviewing the dataset, there doesn't appear to be any clear-cut seasonality or recurring patterns within the scale of a single day. However, we notice a trend where the exchange rate peaks around early dawn (around 1:45) before gradually declining over the rest of the data duration.
Notable Outliers
The dataset does exhibit some notable outliers. For instance, at the timestamp '2024-04-16 07:35:03', the exchange rate suddenly escalates to 0.44404 from the preceding rate of 0.44274, which then falls to 0.44374 in the next timestamp, forming an anomalous spike.
Another remarkable outlier is the abrupt drop in the exchange rate at '2024-04-16 15:10:03' from 0.44394 to 0.43691, after which the rate stabilized and remained relatively constant for the remainder of the timestamps.
Identifying the origins of these outliers would necessitate a deeper investigation and potential correlation with external factors like key financial news, extraordinary world events, or sudden changes in economic policies, but they are outside the scope of this analysis.
By analyzing the overall trend, seasonality, and outliers in these exchange rates, we can gain a deeper understanding of exchange rate dynamics during this timeframe. However, it's important to remember that exchange rate fluctuations can be influenced by a wide array of factors, many of which can change unexpectedly.