2024-04-19 Uzbekistan Sum News
2024-04-18
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Analysis of Exchange Rates Over Time
From the provided data, it is clear that the exchange rate remains consistently stable at 0.00011 for the entire duration. This dataset signifies a flat currency exchange rate condition where no significant movements have been observed for the True Ex Rate.
Seasonality or Recurring Patterns
Given the uniform nature of the data, discerning any seasonality or recurring patterns is challenging. In this case, the dataset lacks sufficient variability to identify any potential seasonal influences or cyclical patterns in the exchange rates. It is fair to mention that this observation might be exceptional and the stability of the exchange rate over this period could be due to certain factors which are not present in the provided dataset.
Outliers and Anomalies
As the exchange rate remains constant throughout, there are no observable outliers or anomalies, which are defined as individual values that deviate from general trends or patterns. It can be inferred from the analysis that the mentioned currency remains stable, demonstrating neither depreciation nor appreciation.
Factors Impacting Exchange Rates
Although external factors were not considered in this analysis per your request, it should be noted that many factors can potentially influence exchange rates. These variables include interest rates, inflation rates, political stability, economic performance, and speculation. For an even more comprehensive analysis, these factors should be considered alongside the provided time series data.
Conclusion
This analysis helps provide a simple snapshot of the currency stability based exclusively on the dataset provided. One would typically expect more variability in time series data relating to exchange rates. That being said, the factors responsible for this consistent stability could be numerous and complex, requiring a more thorough investigation than what can be provided solely with time-series exchange rate data.