2024-05-08 UAE Dirham News
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2024-05-07
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 Exchange Rates
The overall trend of the exchange rates appears to be relatively stable, with minor fluctuations over the timestamp data provided. The AED exchange rate started at 0.3725 on the 7th of May, 2024. Over successive intervals, there have been slight increases and decreases in the rate. However, the rate appears to have a slight upward trend, as it ended at a value of 0.37442.
Seasonality or Recurring Patterns
Identifying seasonality or recurring patterns in exchange rates can be complex due to the volume of data and other unpredictable influencing factors. However, from the given data, it is observed that the exchange rates have slight digital fluctuations over time but no clear seasonality or regular pattern could be observed from this set of data.
Outliers
Due to the small range of the values recorded for the AED (from around 0.372 to around 0.374), it does not appear that there are significant outliers or instances of drastic variance in the exchange rate. This suggests that the market for this currency pair was relatively stable during the recorded time period.
![AED Exchange Rate Experiences Unanticipated Surge Within 24 Hours](http://currencymart.net/images/news/uae-dirham/2024-05-08/img-j11WR2asPhGeDU2VElQBC2Ls.webp)