2024-05-15 Yemeni Rial News
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2024-05-14
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend
Based on the given data, the exchange rates appear to be fairly stable with only slight fluctuations happening through the given timeframe. To mention a specific trend, there were brief periods where the exchange rate has ever so slightly increased, specifically at '2024-05-14 02:45:02', '2024-05-14 03:15:02', '2024-05-14 03:20:02', '2024-05-14 11:05:03', '2024-05-14 11:10:02', '2024-05-14 11:15:03', '2024-05-14 11:20:03', '2024-05-14 13:25:03' and '2024-05-14 16:05:02'. However, these increases were quite negligible.
Seasonality or Recurring Patterns
The currency exchange rate data does not display marked seasonal or recurring patterns. The pattern in the dataset seems to be more random and does not contain any evident cyclical variations that reveal any predictable patterns over a certain timeframe. This holds true, assuming that the dataset spans over an appropriately diverse time range and that any missing data is negligible.
Outliers
In terms of outliers, there are no notable instances that differ significantly from what you'd expect based on the trend or seasonality. The exchange rate consistently remained around 0.00546, with only minor fluctuations which won't be considered outliers.
External Influencing Factors
As for the consideration of external influencing factors like market opening and closing hours, weekends/holidays, or the release of key financial news or reports, those were not taken into consideration for this specific analysis. This dataset does not provide information on these external factors, and they were not part of our evaluation. Therefore, it is important to remember that market rates can be influenced by various different factors in real-world circumstances, which might not be reflected in this specific examination.
![Steady Hold in YER Exchange Rates through May 14, 2024](http://currencymart.net/images/news/yemeni-rial/2024-05-15/img-vX5Bw47FIMz95yAwxWo0uAJN.webp)