2024-05-15 Yuan Renminbi News
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
Overview of Trends
Observing the data as a whole, there are multiple trends to note. The overall trend of the CNY exchange rate appears to be relatively stable over the time of the dataset. There is a slight overall decrease from 0.18903 to 0.18888. However, this slight decrease is relatively minor and does not necessarily indicate a significant long-term trend of depreciation.
Identifying Seasonality
From the analysis of this dataset, it appears that there is no clear seasonality or recurring pattern in the changes in the CNY exchange rate. Although there are some minor fluctuations in the rate throughout the day, these do not appear to form a consistent and predictable pattern. The rates seem to randomly fluctuate without showing a distinct pattern that can attribute it to a seasonality trend.
Identifying Outliers
There are no distinct outliers that could be identified within this dataset. An outlier in this context would be an instance where the exchange rate differs significantly from the expected trend, which did not occur in this case. It is important to mention that while interpreting exchange rate data, it is common to observe minor fluctuations as they are influenced by numerous macroeconomic factors. The presence of outliers could be indicative of specific events not necessarily captured in this dataset.
It's important to remember that this analysis is a simple overview and does not take into account external factors as you requested, such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports.