Summary of Last Month
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
Analysis of BIF Exchange Rate
After analyzing the data provided, there are a number of insights that can be observed. Here is a comprehensive analysis of the dataset:
1. Overall Trend
The overall trend of the BIF exchange rate, based on the given dataset, appears to remain extremely stable over the period shown. It can be noted that the rate has remained constant at 0.00047 without fluctuating over the specified time period.
2. Seasonality or Recurring Patterns
Given that the exchange rate has not varied throughout the period captured in the dataset, it's difficult to identify any seasonality or recurring patterns. The rate has remained consistently stable at 0.00047, which indicates the absence of any discernible cyclical or temporal trends.
Concerning anomalies or outliers in the dataset, the given time-series data does not exhibit any, as the exchange rate has consistently remained the same, i.e., 0.00047. In this scenario, it can be inferred that there were no instances where the exchange rate differed considerably or significantly from the norm.
This analysis is based purely on the provided dataset and does not take into account external factors such as market opening/closing hours, weekends/holidays, the release of key financial news, reports or any particular event.
With the given data exhibiting no variation, it's challenging to draw conclusive findings regarding the behavior of the BIF exchange rate apart from its static nature within this period.