2024-04-19 Won 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
Understanding the Overall Trend
From the provided timestamped data, it is clear that the KRW exchange rate has been fairly stable over the period shown. The value of KRW for most of the time stayed at 0.001, indicating that there was little fluctuation in the exchange rate. However, the rate drops to 0.00099 from approximately 20:15 on 2024-04-18 onwards. This drop shows a minor downwards trend in the exchange rate towards the end of the period.
Seasonality or Recurring Patterns
The data suggests that there are no significant recurring patterns or seasonality in the exchange rate over the period shown. The exchange rate of KRW has remained stable at 0.001 for the majority of the day. However, towards the end of the day, there was a slight decrease in the exchange rate, suggesting some amount of volatility during these hours. It would be beneficial to further analyse the data over a more extended period to identify any long-term seasonal trends more accurately.
Outliers
Throughout the day on 2024-04-18, two minor outliers were observed where the exchange rate differs slightly from the stable rate of 0.001. These instances occurred at approximately 20:15 and 22:30, where the exchange rate dropped to 0.00099. These minor fluctuations could be due to market conditions or trading volumes at those particular times. Other than these two instances, the exchange rate remained very stable throughout the day.
Further analysis could include investigating these potential outliers to gain insight into what may have caused these fluctuations and whether any similar fluctuations have occurred at the same times on other days.