2024-04-22 Yemeni Rial News
2024-04-21
Summary of Last Week
- 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 of Exchange Rates
The overall trend of the exchange rates from the given dataset indicates a slight increase throughout the period. We start with an exchange rate of 0.00542 at timestamp "2024-03-22 02:00:02" and end with 0.00549 at timestamp "2024-04-19 12:00:03".
The changes are not large but by taking the initial and final data points into consideration, it can be said the exchange rate was generally on the rise. However, the increase is not steady or consistent. From time to time, the exchange rate shows minor drops but the general long-term trend exhibits a mild increase.
Identifying Seasonality or Recurring Patterns
From the dataset, it's hard to conclusively identify any seasonality or recurring patterns. The fluctuations in the exchange rates shown in the dataset are minimal and don't show a clear-cut pattern that can be linked with a specific time or recurring event.
However, there is some mild fluctuation that can often be seen within an interval of few hours or between timestamps on the following days. But such fluctuations are too minimal to be classified as a clear pattern or seasonality.
Noting Any Outliers
This dataset doesn’t seem to have any significant outliers. There are no instances where the exchange rate differs significantly from what would be expected based on the trend. The currency exchange rates seem to fluctuate mildly within a very close range.
No exchange rate value is too far removed from the others, and there's no specific point that dramatically disrupts the overall mild increase trend. Hence, no clear outliers can be identified from this dataset.
It's always a good practice to have a graphical visualization to understand time-series data better. But as per the limitations set, we're only confining the understanding to argumentative analysis here.