2024-05-22 US Dollar 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
Understanding the Overall Trend
After analyzing the data, it seems the exchange rate has moderate fluctuations over the given time period. However, there're a few noticeable upward and downward spikes. Initially, it shows a slight downward trend, hitting the lowest point at around 2024-05-21 07:00:03 with the exchange rate of 1.36159. Afterward, there was a sharp hike up to 1.36619 at around 2024-05-21 07:45:03. Eventually, the rate tends to stabilize and fluctuate in the range of 1.363-1.365 for the rest of the period.
Identifying seasonality or recurring patterns
Time-series data is not exhibiting any clear seasonal pattern in this case. Fluctuations are rather random with no identifiable regular patterns repeating over a specific period. It means the changes in exchange rates are more likely influenced by a complexity of factors beyond the scope of this dataset.
Noting any outliers
There are a few instances in the data where there are noticeable spikes and drops, which can be considered as outliers. These outliers are significant increases or decreases within a very short period. Some of them are:
- The sharp increase from 1.36208 at 2024-05-21 07:20:03 to 1.36619 at 2024-05-21 07:45:03.
- The sudden drop from 1.36385 at 2024-05-21 19:10:03 to 1.36343 at 2024-05-21 20:10:03.
These are the observations based on given time-series data. As requested, external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports were not considered, which could provide a more deep analysis.
![US Dollar Sees Significant Exchange Rate Fluctuations in 24 Hour Span](http://currencymart.net/images/news/us-dollar/2024-05-22/img-HdHXMGrITNtV3H8RX2JJw9s6.webp)