2024-04-24 Yuan Renminbi 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
Overall Trend Analysis
Observing the trends in the provided timeseries data, the exchange rate mostly stays within the range of 0.1885 to 0.1892. This indicates a relatively stable exchange rate throughout the period. However, there is a slight decrease in the value starting at 0.1892 and dropping to approximately 0.1885 by the end of the given period. Although the trend is not significantly strong, it exists.
Seasonality and Recurring Patterns
Upon examination of the provided data, there do not appear to be any distinct seasonal or cyclic patterns. The exchange rate's fluctuations are largely smooth and consistent, with no clear repeating trends that would indicate the presence of a seasonal cycle. This could be due to the nature of currency exchange rate, which is susceptible to numerous variables and spontaneous market adjustments.
Outliers Analysis
When considering outliers in this dataset, the most noticeable one occurs at date '2024-04-23 09:05:02' with a value significantly lower than the other values. There is a drop to 0.18863 from the more consistent value above 0.189 before this timestamp.
It is also important to note that no extreme deviations from the generally observed range occur, displaying the relative stability of the exchange rate during this particular period.
To summarize, the exchange rate of CNY in the provided period appears to be relatively stable despite a slight decrease trend. No clearly recurrent patterns are discernible in the given data, and there is one notable outlier.