2024-05-21 Zimbabwe Dollar News
2024-05-20
Summary of Last Month
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Analysis of Time Series Data for Exchange Rates (ZWL)
The provided dataset shows the exchange rate (ZWL) for different timestamps. After analyzing the dataset, the following observations were made:
1. Overall Trend of Exchange Rates
The ZWL exchange rate showed a slight increase over the period shown in the dataset. The value started at 0.00422 and reached 0.00424 at the end of the period. While there are fluctuations within this range, the overall trend is a slight increase.
2. Seasonality and Recurring Patterns
There doesn't appear to be a clear pattern of seasonality in the exchange rate within the given period. The rate does not exhibit regular or predictable changes which would suggest a pattern associated with specific times of the year. Additionally, the dataset doesn't span a long enough time to confidently observe recurring yearly patterns.
3. Noted Outliers
Given the small range of fluctuation and overall consistency of the rates, there are no significant outliers in the data. All rates throughout the period provided fall within 0.00422 to 0.00424, making the dataset relatively stable.
Please note, this analysis has been carried out purely based on the provided dataset and does not take into account external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports.