2024-05-15 Zimbabwe Dollar News
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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
Overall Trend in Exchange Rates
From the given dataset, it can be observed that the exchange rates (ZWL) provided are quite stable overall. The rates depart slightly from the 0.00425 mark occasionally, but return to it shortly after. This represents a steady, unchanging trend. Therefore, if you were to plot this data, it would likely present a near-horizontal line indicating minimal fluctuation in the exchange rate over time.
Seasonality or Recurring Patterns
No significant seasonality or recurrent patterns can be identified from the dataset provided. The exchange rate (ZWL) is consistently approximately 0.00425 without displaying any noticeable periodic oscillations or cycles. This suggests that the rate is not significantly impacted by time-bound factors on the scale presented in the data. One important caveat to mention is that finer granularities could potentially reveal more subtle seasonal patterns that are not apparent in the data provided.
Outliers in the Data
The data provided does not include any notable outliers. The values are consistently around the 0.00425 mark, and there are only minor and brief departures from this level which indicates that these are probably not statistical outliers but part of the normal fluctuation. However, it is worth noting that without domain-specific knowledge, subtle outliers might not be easily recognizable.
![Steady as She Goes: ZWL Exchange Rate Maintains Stability](http://currencymart.net/images/news/zimbabwe-dollar/2024-05-15/img-y6hIPY1Zcy9anuCxzMxMcgcU.webp)