2024-05-15 Zloty 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
1. Understanding the Overall Trend
Based on the time-series data provided, it can be observed that the exchange rate of the PLN generally appears to increase over the period shown. Beginning at a initial rate of 0.3442, the rate increases to a final recorded value of 0.346, showcasing an overall upward trend. However, this increase is relatively minor, and the rates stay within a narrow range throughout, so one could also describe the overall trend as relatively stable.
2. Identifying Seasonality or Recurring Patterns
Upon inspection of the data, there doesn't appear to be any clear seasonality or recurring patterns within the observed timeframe. The fluctuations in the exchange rates seem to be random rather than cyclic, indicating no explicit intra-day patterns. Given the relatively short duration of the dataset, it's also difficult to identify any day of week or time of day tendencies. Therefore, further data might be required to discern any potential patterns or seasonality.
3. Pointing Out Outliers
Most exchange rates in the given dataset fluctuate around the 0.3445 - 0.346 range, and there are no significant spikes or dips representing abrupt changes in the rates, which suggest that there are no obvious outliers in this dataset. It appears that during this period the exchange rate was quite stable with no unusual activities that caused significant changes in the value.
In conclusion, the PLN currency exchange rates shown in the data provided make a minor increase over time, don't exhibit any clear seasonal patterns or meaningful outliers. This suggests a relatively consistent performance of the currency during the time window observed. It's essential to note that longer-term data, covering different periods and potentially different economic conditions, would provide more insights into the true performance and characteristics of the currency.
![PLN Exchange Rate Oscillates With Slight Upward Trend Over 24 Hours](http://currencymart.net/images/news/zloty/2024-05-15/img-15MU8jjeJc8gUDt56AjknITM.webp)