2024-04-23 Yemeni Rial News
2024-04-22
Summary of Last Month
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Exchange Rate Trend Analysis
The given dataset represents exchange rates at different points in time during the day. One of the key observations from the data is the stability of the exchange rate. Over the sampled period, the exchange rate for YER (Yemeni currency) varied only slightly between 0.00547 and 0.00549. This stability suggests a well-controlled currency with minor fluctuations within the sampled hours. Please note that this analysis is restricted to the provided data and does not account for broader-time scale changes in exchange rates.
Seasonality
There is no clear evidence of seasonality from the sampled data. The exchange rate seems stable and changes, where they occur, do not appear to follow any discernible cyclic pattern related to the time of the day or any other clear recurring time-based factors. Outside the given data, seasonality may be observable due to macroeconomic indicators, which are not reflected in these short intervals.
Outliers
From the given data, no significant outliers were observed. The exchange rate remained well within the mentioned range, aligned with the general trend of uniformity.
Note: This dataset spans mostly within 3 values of the exchange rate and doesn't show any significant changes to the rate within a single day. We may need data spanning over an extended timeframe such as months or years in order to detect any significant trends, patterns, or outliers.
This analysis is based purely on the dataset provided and does not consider external factors such as market opening/closing hours, weekends/holidays, or the release of key financial information. Hence the conclusions should be interpreted in light of this.