2024-04-17 Afghani News

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 of Exchange Rates

The overall trend of the AFN exchange rate in this dataset seems to be relatively stable. There are no significant increases or decreases throughout the different timestamps provided. The rate started at 0.01927 and over the course of the dataset, it hovered around this value with minimal fluctuations.

Seasonality or Recurring Patterns

Upon an initial review of the data, there doesn't appear to be any identifiable seasonality or recurring patterns in the exchange rates. The values seem to fluctuate in a consistent range without significant variations that would indicate a seasonal pattern or cycle. However, a more in-depth analysis using advanced statistical techniques might reveal subtle patterns that are not immediately obvious.

Outliers in the Dataset

There are very few instances where the exchange rate differs significantly from the general trend. The majority of the data points are reasonably close to the overall average rate. Such variations are normal in exchange rate data and not considered outliers unless the deviation is significant and not explained by known factors. In this particular dataset, the exchange rate remained within a narrow band without significant outliers.

Considerations

  • This dataset does not appear to be influenced by the opening or closing hours of the market. The data is consistent throughout the entire timestamp range which does not suggest any notable impact due to these factors.
  • There's no discernible impact of weekends or holidays on the exchange rates in this dataset, as the rates remain mainly steady over the given period.
  • In absence of any context or further information on specific key financial reports or news released during this period, it's not feasible to ascertain their potential impact precisely from this dataset.
Please note that this analysis is based solely on the provided dataset and does not account for external political, economical, and financial events that could potentially affect exchange rates. For a more accurate and comprehensive analysis, more sophisticated statistical methods and software would be necessary.
urs April 16, 2024 – The Afghan Afghani (AFN) demonstrated notable stability in the financial market over a 24-hour trading period, according to recent time-series data analysed by our financial experts. Beginning the day at a base value of 0.01927 against unspecified currency, the AFN varied marginally during the day, reflecting expected daily fluctuations. Largely remaining within a narrow band of 0.01908 – 0.01929, the currency exhibited the typical characteristics of a controlled and balanced economy with low volatility. The dataset, covering specific time intervals from the start of the trading day at midnight, to the close at 11:59 pm, illustrated how exchange rate changes are typically the result of myriad factors interacting within complex financial ecosystems. However, the AFN remained resilient with insignificant variations during this period. Despite the polls suggesting political uncertainties, the AFN held its ground. Market economists attribute this stable trend to sound fiscal policies and confidence in the country''s economy. Absence of wild spikes within the observed timeframe suggests a robust currency response even amid fluctuating market moods. Financial markets thrive or falter on the currency''s stability and investors'' confidence in it. In the context of the AFN''s steady performance, the currency''s negligible variance indicates that there is faith in the country’s monetary policy. Economic analysts also posit that this stability indicates promise for current and potential investors eyeing the Afghan market. Nonetheless, despite this period''s remarkable stability, it is worth noting that even small shifts in currency exchange rates can have profound implications. To investors trading in thousands or millions, a 0.0001 point swing can mean significant gain or loss. While it is undoubtedly reassuring to observe this relative tranquility within the Afghan foreign exchange market, experts warn that it does not guarantee future performance. Economic climates are subject to swift changes, influenced by everything from political events to natural disasters and global health emergencies. Market watchers and potential investors are therefore urged to maintain a diligent watch on the economic trends in Afghanistan. Future financial policy decisions, GDP growth rate reports, and updates on ongoing international trade negotiations, among other elements, will provide necessary insight for predicting the AFN''s performance. To conclude, this analysis underscores the necessity for regular, detailed scrutiny of time-series financial data. It enables the stakeholders to take informed decisions based on the nuanced understanding of the past market trends. Looking ahead, all eyes remain on Afghanistan’s monetary and economic direction as we continue to navigate this unpredictable world economy.AFN Exchange Rate Displays Steady Performance Over 24 Hours

Current Middle Market Exchange Rate

For information purposes only.