2024-05-01 Zimbabwe Dollar News
2024-04-30
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. Overall Trend Analysis
The dataset provided gives data points at different timestamps for the ZWL exchange rate. From the data, we can observe that the ZWL exchange rate remained consistently at 0.00425 for a considerable length of time before slightly increasing to 0.00428 towards the end of the period. This increase starts from the 2024-04-30 07:40:02 timestamp - when the value went from 0.00425 to 0.00426 and increased further in subsequent timestamps. The increase, albeit minimal, signifies a trend in the exchange rate of ZWL. The overall trend observed in this time series data is that the ZWL exchange rates have largely been stable during the given period, with a very slight upward trend towards the end of the date range.
2. Seasonality and Recurring Patterns
As this is a single-day's data for the 30th of April 2024, discerning any significant seasonality or recurring patterns could be a bit challenging. However, an evaluation of the data does not reveal any apparent or significant recurring seasonal patterns. Again, keep in mind that discerning seasonal patterns would typically require a more extensive dataset that spans across multiple months or years. With a single day's data and the perceived stability of the ZWL, it's challenging to accurately identify wavelike repetitiveness that could signal seasonality.
3. Outliers Identification
The outlier in this dataset is the slight increase in the ZWL exchange rate from the consistent 0.00425 to 0.00426 at the timestamp of 2024-04-30 07:40:02, and the subsequent further increase to 0.00427, 0.00428 thereafter. However, considering the extent of the increase (which is relatively minimal), it might not be accurate to characterize this fluctuation as a true 'outlier.' The data remains relatively stable, suggesting no significant deviation from the overall trend observed within the time series.
In conclusion, an analysis of the time series data provided shows a stable ZWL exchange rate with a slight uptick towards the end of the period. However, given the scope of this data limited to one day, this analysis might not accurately represent the full picture of the ZWL's performance over an extended period. A more comprehensive dataset would lend itself to a more thorough and conclusive analysis.