2024-04-24 Yemeni Rial News
2024-04-23
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Overall Trend
From the data provided, we can see that the YER exchange rate has been mostly stable throughout the time period observed. The exchange rate had hung around 0.00546 - 0.00548 with a little deviation. It implies that during this time period, there have been little to no significant changes in the exchange rate's overall trend.
2. Seasonality or Recurring Patterns
The data set does not indicate any clear seasonality or recurring patterns in the YER exchange rate. The rate seems to maintain a uniform pattern across all timestamps without any significant rises or falls. Such a pattern could suggest that the time of day, week, month, or year does not have a significant impact on the value exchange rate in this time series data.
3. Outliers
Although there is a slight variation within the dataset with a rate falling to 0.00545 at rare instances, it does not significantly deviate from the average. We could say that these instances classify as minor outliers within the data set, but the dataset predominantly reflects stability, rather than volatility.
Conclusion
This analysis focused solely on the numbers provided within the time series data set. It did not take into account external factors such as opening and closing times of the market, economic calendars, geopolitical events, or other such factors that may influence the exchange rate. Also, an essential point to note, this period appears to be relatively stable for the YER exchange rate. The analysis of your financial data shows it to be extremely steady with minimal variation outliers.