2024-05-22 Uzbekistan Sum News
![Currency mart logo](../../../images/blog/currency-mart-logo.png)
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
Analysis of the Exchange Rate Data
The dataset provided is a time-series financial data of UZS exchange rates on May 21, 2024. The data was recorded on a nearly minutely basis, providing a highly granular view of the exchange rate movements throughout a 24-hour period.
Understanding the Overall Trend
After a thorough analysis, the exchange rate observed in the data remains stable throughout the day. The rate stays consistent at 0.00011, from midnight to midnight, with no variations recorded. This suggests a steady rate with no significant fluctuations during the recorded period.
Seasonality or Recurring Patterns
Within this specific dataset, no seasonality or recurring patterns can be identified. The data points remain at a constant level, and thus, no oscillation or recurring pattern is perceivable throughout the day.
Outliers
In line with previous conclusions, no outliers were detected in the analysis. The value of UZS remains steady at 0.00011 during the entire timeframe, suggesting a consistent market condition on the particular date.
It's important to note that this analysis is on a single day. To observe more insightful trends or patterns, a larger time frame should be considered. Details, like the rate’s behavior on weekends, holidays, market hours, and during significant financial news events, may become evident and provide valuable context when analyzing over a more extended period.
![Unwavering Stability Marks UZS Exchange Rate in Unprecedented Run](http://currencymart.net/images/news/uzbekistan-sum/2024-05-22/img-FA0s34GfN3CKNDmPAmxRpn4X.webp)