Notable surge in TND exchange rates Investors turn optimistic
2024-04-29
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
Analysis of the Exchange Rate Time Series Data
The provided dataset encapsulates a sequence of time-stamped exchange rate (TND) values. The timestamps range from '2024-04-29 00:00:02' to '2024-04-29 23:45:02'. The first entry of the exchange rate is at about 0.43321 and the final is around 0.43517.
1. Trend Analysis
Upon careful evaluation of the dataset, it is observed that there is a slight upward trend in the exchange rate values. The rate started at approximately 0.43321 and incrementally rose to roughly 0.43517 by the end of the period. While there are minor fluctuations throughout, the overall path indicates a growth tendency.
2. Seasonality and Recurring Patterns
Recurring patterns or seasonality in the exchange rate cannot be definitively determined from the single day's data provided. Usually, exchange rate seasonality is a long-term characteristic that requires considering data spanning multiple quarters or years. This dataset only covers a single day, severely limiting the scope for identifying seasonality or recurring patterns.
3. Outliers Analysis
An initial look at the data doesn't reveal any obvious instances of extreme outliers. The exchange rate data is well within a compact range from approximately 0.433 to approximately 0.435. Fluctuations within this range seem to suggest regular volatility rather than anomalies or unexpected shifts. However, a more detailed statistical analysis might be required to identify subtle or less apparent outliers/mavericks.
Conclusion
The exchange rate data provided depicts a mild upward trend over the course of the day, with no clear seasonal patterns observed. It exhibits moderate volatility but does not feature any prominent outliers. Note that this interpretation could be revised and enhanced with the availability of longer-term data and additional context
.