2024-05-03 Zambian Kwacha News
2024-05-02
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 Analysis
The provided dataset contains time series data of ZMK exchange rates from 2nd May 2024. From the provided data, each timestamp points towards the exchange rate remaining consistent at 0.00015. This indicates a very stable exchange rate over the entire period shown in this particular dataset. There does not seem to be any apparent uptrend or downtrend in the data available.
Seasonality or Recurring Patterns
Given the constant rate of 0.00015 throughout the dataset, it is clear that there are no visible seasonal or recurring patterns on a daily level in this dataset. In usual circumstances, patterns may arise in data due to certain regular events such as transaction patterns during business hours or the release of financial reports. However, in this case, the data suggests consistent stability in the rate with no change at different timestamps.
Notable Outliers
Regarding outliers in the dataset, the specificity of the data provided does not identify any differing exchange rates that could be perceived as outliers. The rate remains at 0.00015 for every given timestamp, suggesting that no exceptional or unexpected adjustments have been made to the rate on this day. Usually, outliers could be caused by unique events or disruptions, but this doesn't seem to be the case here.
In conclusion, this data provided presents a sturdy and consistent exchange rate without any observable fluctuations, patterns or outliers. To gain a more complete understanding of the exchange rate's behavior, a larger dataset, covering a wider time frame or involving varied rates, would be beneficial. And it's also important to underline that due to the limited and steady nature of the data at hand, this analysis primarily focuses on understanding the behavior of the exchange rate within the dataset's timeframe and does not infer anything about future rates