2024-04-29 Yemeni Rial News
2024-04-28
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
Based on the time-series data provided, it can be observed that the exchange rate remains relatively stable in the range of 0.0054 to 0.0055 throughout the observed period. Moreover, a closer look at the data shows a slight increasing trend in the exchange rates over time. The rate begins at 0.00541 and increases to a value around 0.00551 suggesting a moderately increasing trend in the exchange rate over this period.
Identifying Seasonality & Recurring Patterns
Upon observation, a strong seasonality or recurring patterns in the exchange rates isn't apparent from the provided data. The data remains relatively constant without significant oscillations or explicit periodic trends. However, the limited scope of the data and delineation of rates only at two-hour intervals can potentially mask weekly or monthly trends, if any. More extensive data spanning several months or years, and at various times of the day, would provide deeper insight.
Outliers & Unexpected Instances
From the given data set, there is no explicit evidence of an outlier or an instance where the exchange rate differs widely from the overall observed range. The exchange rates change slightly over time but stay within the range of 0.0054 to 0.0055. There are no spikes or significant drops in the rates to suggest outlier events.
On an added note, considering more quantitative statistical analysis such as Z-score or IQR method could help in precise identification of outliers.