2024-05-07 Turkmenistan New Manat News

Summary of Last Month

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:


Data Overview

The dataset provided contains time-stamped data of exchange rates (TMT). The timestamps range from 2024-05-06 00:00:02 to 2024-05-06 23:55:02, indicating a complete day's worth of data.

Overall Trend

Based on the given data, it can be seen that in general, the exchange rate has marginally decreased over the period of time in question. The rate starts at 0.39107 just after midnight, hits a minor peak at 0.39111 after half an hour, experiences slight fluctuations, and ends the day at 0.38973. However, these changes are marginal and may not reflect a significant trend.

Seasonality and Recurring Patterns

The exchange rates seem to be relatively stable throughout the day without showing significant seasonal trends or patterns. It's clear that the rates do not fluctuate drastically and remain within a close range of values. Any minor oscillations in the rates can be attributed to natural market volatility and not necessarily indicate a recurring trend or cycle.


There do not appear to be any significant outliers in the data set. This is with the understanding that an 'outlier', in this context, would be a rate that differs significantly from the overall trend or expected value. All values seem to fall within a very close range of each other, oscillating around the 0.39 mark.


In conclusion, the data provided shows that TMT exchange rates over the course of a single day are relatively stable with minor fluctuations. There are no significant trends, recurring patterns or outliers in this particular dataset.

Dynamics The markets unfolded quite dramatically recently, as evidenced by the movement in the exchange rates of the Turkmenistani Manat (TMT). From the early hours of the 6th of May 2024, the TMT saw a series of fluctuations that illustrate the nuanced strategies and negotiations happening in the world of finance. The day began with the TMT pegged at 0.39107, steadily decreasing to 0.39096 by 00:10:02, before hitting its first peak of 0.39111 at 00:30:02. This initial period of unrest was followed by a gradual decline, dropping as low as 0.39070 by 01:40:02. However, this decline didn''t last, as the TMT oscillated throughout the day in an exceptional display of market volatility. As the day moved towards the afternoon, there was a noteworthy drop at 14:55:03, with the TMT exchange rate diving to 0.38935. With this move, the course of the TMT had clearly shifted from its upward trajectory earlier in the day, ushering in a period of intense tension in the financial world. These shifts and trends in the TMT exchange rates illuminate the complex interplay of market forces, economies, and investor sentiments on a global scale. The fluctuations reflect changes in economic stability, investor confidence, and market speculation. The exchange rate is often viewed as a barometer of an economy''s health. In this regard, the day''s fluctuations could indicate shifting perceptions of the global and local economy in Turkmenistan. It could also signal changes in the country''s economic policies, geopolitical developments, or changes in foreign investment. While these changes in the long run may provide opportunities for savvy investors, they also pose risks. Market volatility can cause significant losses, particularly for those lacking in-depth knowledge or hedging strategies. Looking ahead, market watchers will be keeping a close eye on the TMT''s movement. Any further swings could potentially heighten concerns regarding economic stability and make for a tumultuous time in the financial markets. However, they could also present lucrative openings for informed traders. As the situation evolves, market participants should remain vigilant, closely monitoring updates and potential impacts on their portfolios. The practitioner should consider these dynamics when planning their trading strategies and managing their risk profiles effectively. Only time will tell how this fluid situation will resolve, and what ultimately lies ahead for the TMT.Shifts in TMT Exchange Rate Reflect in Intricate Market Dynamics

Current Middle Market Exchange Rate

For information purposes only.