2024-05-10 Yemeni Rial News
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2024-05-09
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Analysis of Overall Trend
Looking at the dataset, it shows there is very little fluctuation in the exchange rate. It varies between 0.00546 and 0.00548 over the course of the data provided. In general, the exchange rate has remained relatively stable for the duration of the data provided as there is no consistent increase or decrease visible in the data set.
Seasonality and Recurring Patterns
In terms of seasonality or recurrences with respect to the change in rates, no clear pattern is observable from the given dataset. The exchange rate does show micro fluctuations throughout the day. However, these slight changes don't present a clear cut seasonal or daily pattern. It stylistically oscillates around 0.00547 with slight upward and downward deviations.
Observation of Outliers
From the analysis of the dataset, no significant outliers can be observed. All exchange rates are in the range of 0.00546 to 0.00548. There are no instances where the exchange rate differs significantly from what would be expected based on the trend. This highlights a relatively stable exchange rate within this time period.
Additional Notes
- This analysis is based purely on a numerical examination of the dataset provided and does not take into account external factors globally or within the market that may impact exchange rates.
- The data reflects a single day (May 9, 2024) and therefore does not show whether the trends and patterns noted are typical or unusual when viewed in the context of a broader time period.
- While we have noted the overall stability of exchange rates, it is always important to remember that exchange rates are influenced by many variables. In the real world, we would need to constantly track and analyze such data to react to changes promptly.
![Mild Fluctuation Observed in YER Exchange Rate](http://currencymart.net/images/news/yemeni-rial/2024-05-10/img-e3RVbRVQXH1tCvjPlLoo6x1Z.webp)