2024-04-19 Tunisian Dinar News
2024-04-18
Summary of Yesterday
- 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
The given dataset consists of timestamped exchange rate values of TND. From these values, an overall trend of the exchange rates can be discerned. Looking at the data, there are some fluctuations over time, but the exchange rates seem to have a marginal upward trend. This is evident from the increase in the values from 0.43487 at the beginning of the dataset to 0.43822 towards the end. Although there are slight decreases at times, the general trend shows a slow increase, indicating the exchange rate of TND is gradually strengthening over this duration.
2. Identifying Seasonality or Recurring Patterns
Upon observing the data, there doesn't appear to be a clear pattern or seasonality within the given dataset. The exchange rates show volatility, wherein the rates fluctuate in a not entirely predictable manner. Changes in exchange rates can occur at any time in this data, and a consistent pattern of increase or decrease that repeats over a specific period is not identifiable. This suggests that the exchange rates are likely influenced by various unpredictable factors and events, such as changes in market demand, interest rates, or economic indicators.
3. Outliers
There are some instances where the exchange rate differs significantly from the average change, which could be considered as outliers. For example, the jump from 0.43572 at 15:25:02 to 0.43792 at 15:40:03 is a significant increase within a short period. Another noticeable outlier is seen at 14:35:03 where the value sharply increases to 0.43579 from 0.43535 at 14:30:03. Similarly, there are several instances such as at 20:35:03 where there's a sharp spike to 0.43841 from 0.43826 at 20:30:03. These sudden and significant changes may be due to macroeconomic news impacting the forex markets, individual large transactions, or other external factors.