2024-05-09 Zloty News
2024-05-08
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Analysis of Exchange Rates Time Series Data
The dataset provided presents the changes in exchange rates (PLN) over time, as reflected through various timestamps. In analyzing this dataset, several key insights have been drawn out.
1. Overall trend of the exchange rates
In examining the overall trend of the exchange rates, It is observed that the rates have shown some level of volatility, with periods of both rises and falls. However, the range of these fluctuations is relatively narrow, with rates hovering around 0.343, suggesting relative stability within the short-term fluctuations. The rates at the start and end of the dataset do not reflect a significant difference, indicating that there has not been a sustained upward or downward trend during the period observed.
2. Seasonality and recurring patterns of changes
In terms of seasonality, the data does not indicate any clear recurring pattern on a daily basis. The fluctuations seem to be random without a discernible pattern. This could be attributed to the day-to-day economic activities and markets’ response to various domestic and international events.
3. Outliers noted in the exchange rates
In terms of outliers, there does not appear to be any extreme deviation from the observed range of values. This lack of outliers suggests that the market has not experienced any unforeseen shocks or unusual activities during the period analysed.
In conclusion, the PLN exchange rate shows relative stability with some levels of short-term volatility. There are no clear recurring patterns or extreme outliers as per the data provided.