2024-04-19 Zambian Kwacha News
2024-04-18
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Understanding the overall trend
The overall trend in the exchange rates from the given data seems to be stable. The value is constantly at 0.00015 throughout the entire timeline. There's no notable increase or decrease in the rate over the given period. Such stability is quite rare in foreign exchange markets and may point to a highly regulated or fixed exchange regime.
2. Seasonality and recurring patterns
In regards to seasonality or recurring patterns, it's challenging to identify any from this particular dataset. Given that the exchange rate is unmoving at 0.00015, there's no pattern or seasonality in its changes – simply because there are no changes. In a live forex market, one would expect to see patterns based on time of day, weekdays vs weekends, monthly fiscal reports, among other things. However, in this case, no such inference can be made.
3. Outliers in the dataset
Given the homogeneous nature of this data – where the rate remains unaltered at 0.00015 – it is, again, impossible to identify any outliers. An outlier would be represented as a significant deviation from the observed exchange rate, but in this case, all observations are equal.
In summary, this dataset reflects an unusually persistent stability in the ZMK exchange rate, with no apparent temporal patterns or outliers. This might be due to the nature of the dataset provided or it might reflect the reality of a highly regulated foreign exchange context.