2024-05-15 Uzbekistan Sum News
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2024-05-14
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
Based on the dataset provided, it is observed that the exchange rate of UZS is steady and constant over the whole period of time. The exchange rates listed are consistently at 0.00011. This constant rate implies a stable economy without any noticeable inflation or deflation during the timeframe. There is no clear direction of increase or decrease in the rates as the values have remained the same.
Seasonality or Recurring Patterns
Given the constancy of the exchange rates throughout the time period in question, there is no perceivable pattern or seasonality. Generally, time series data may show repeating patterns over specific intervals which can help in predicting future behavior. But in this particular case, the exchange rate remains the same all through, and hence no seasonality or repeating patterns can be detected. More volatile data could exhibit such characteristics, but it is not visible here.
Outliers or Significant Findings
In this data where the exchange rate remains steady throughout, there are no outliers i.e., no deviations from the norm. Outliers are usually significant, as they might indicate a special event that caused a major change in the rates. However, due to the constant exchange rate in this dataset, there's no such instance to report in this analysis.
It's important to note that this analysis is based solely on the provided data and without factoring in other external influences like economic policies, financial news, and market conditions that often have an impact on exchange rates. A more comprehensive analysis would require considering these aspects as well.
![Unprecedented Stability in Uzbekistani Exchange Rate Triggers Market Speculation](http://currencymart.net/images/news/uzbekistan-sum/2024-05-15/img-4h87QnM8885diEzQ6QqHMx3o.webp)