2024-04-18 Zambian Kwacha News
2024-04-17
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Based on the dataset provided, here's a comprehensive analysis:Understanding the Overall Trend
Looking at the given dataset, the overall trend of the ZMW exchange rate seems to be stable with slight fluctuations over the period shown. The rate started at 0.05509 on 2024-04-17 00:00:02 and ended at 0.05457 on 2024-04-17 23:50:02. Thus, on overall, there is a very slight decrease in the exchange rate on this day.
Identifying Seasonality
In terms of the seasonality or recurring patterns, the data for one day is not sufficient to infer any seasonal pattern. Seasonality typically emerges over a longer period, such as weeks, months, or years. On the given day, there are no discernible seasonal patterns.
Noting Any Outliers
Based on the data provided, some potential outliers are observed. For instance, at 2024-04-17 06:20:02 there is a noteworthy drop in the exchange rate from 0.05504 to 0.05465. However, being outliers or not can only be confirmed by comparing with a larger dataset. If these "large" drops and rises are common in a broader range of data, they might not be considered outliers.
Overall, the ZMW exchange rate remains relatively stable throughout the day with slight fluctuations reflecting the inherent volatility of foreign exchange markets.
Please note that this analysis is solely based on the dataset provided and does not take into account any external market events or other factors. Additional data would aid in providing a more comprehensive and accurate analysis.