2024-05-22 Turkmenistan New Manat News
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2024-05-21
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend of the Exchange Rates
The given dataset spans over a time window of just over 24 hours. The exchange rate starts at 0.38961, and ends at 0.38871. This suggests a slight decrease in the exchange rate value over this particular day. However, the changes are relatively small, suggesting there's a degree of stability in the exchange rates over this period.
Seasonality or Recurring Patterns
Considering the given data, it can be observed that there isn't a clear cut seasonality or recurring pattern in this 24-hour timeframe. The exchange rate mostly fluctuates within a narrow range (between approximately 0.3890 and 0.3905) for the most parts. It is important to note that, these observations are based on a single day's data and won't necessarily hold true for a longer timeframe as external factors (like socio-political events, government policies, inflation reports etc) can significantly impact foreign exchange rates.
Outliers and Significant Differentials
From the dataset, it is clear that there are no severe outliers or significant differentials in the exchange rates. The rates remained fairly consistent, with minimal fluctuation over the 24 hours. The biggest change occurred from approximately 07:20 to 07:35, where the rate increased from 0.38917 to 0.3899. However, even that is not a drastic change and hence can't be considered as an outlier.
It must be noted that these observations are strictly based on the given dataset and doesn't necessarily indicate future trends or patterns in the exchange rates.
![Minor Fluctuations in TMT Exchange Rates Amid Market Stability](http://currencymart.net/images/news/turkmenistan-new-manat/2024-05-22/img-9A5Tsebft4KNy8A1wPuusmdQ.webp)