2024-04-25 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

Overview of Exchange Rates

From the given data, we can observe that the exchange rates fluctuate between 0.01894 and 0.01934 over the observational period. The exchange rates remain fairly steady, with minor differences noticed in the rate over the given period. This suggests that the currency depicted by these rates is relatively stable.

Trend Analysis

Looking at the exchange rates, it does not show any specific increasing or decreasing trend over the day. The rates seem to fluctuate in a narrow range, but we can't deduce a clear upward or downward trend, suggesting the exchange rate remains stable. Several small fluctuations within the set range could be due to market dynamics, but without a larger context for these fluctuations, their meaning is unclear. We could infer that the stability of the exchange rate indicates possible regulations confining the range of fluctuations or the exchange rate being unaffected by major economic events during this period.

Seasonality and Patterns

Based on the data given, there's no apparent seasonality or regularity in the rates. The rates fluctuate around the same range all day without showing any cyclic or repetitive behavior. This lack of pattern suggests that the short-term factors affecting the currency were relatively constant throughout the observational period.

Outliers

As for outliers, we observe some spikes and slight deviations in the exchange rates at certain points, but these are not significant and do not deviate from the observed range of rates. However, these instances require further investigation to determine if they are resultant from data errors, impactful news events, or inherent market volatility.

Overall, the provided data indicates a stable afn exchange rate, without any clear upward or downward trend, a defined seasonal pattern, or significant outliers.

24-Hour Period The Afghani (AFN) exchange rate maintained its stability over a 24-hour period on April 24, 2024, according to recent financial data. This stability is a positive economic indicator for the currency, reflecting a calm and steady economic environment. Timeline data reveals that the AFN exchange rate started and concluded the day at a consistent rate. A minor fluctuation occurred during the day, but overall, the Afghani exhibited resilience. Explore the specifics of the AFN exchange rate''s journey. This story began on April 24, 2024, at 00:00:02 with an AFN exchange rate of 0.01902. This level remained steady for a few hours, with only minor changes in the rate. The day, however, had its ups and downs. There was a brief dip at 06:50:02, bringing the rate down to 0.01895. Nevertheless, the AFN rebounded quickly, peaking at 0.01933 by 10:20:03. This suggests an active trade market, with investors confident in the strength of the Afghani. Despite this peak, the AFN ended the day, much as it started, with a stable rate. The final recorded exchange rate at 23:55:02 lingered at 0.01899. This minimal decline to the end of the day reflects the overall strength and stability of the Afghani on this particular day. This data suggests that the Afghani is a stable currency, capable of withstanding short-term market fluctuations. Such stability is often a sign of a healthy economy, which could potentially attract more investors to consider investment opportunities in Afghanistan. Looking ahead, it will be interesting to monitor if this trend of stability for the AFN continues. Potential influencing factors could include overall political stability and improved economic prospects in Afghanistan. Investors are advised to keep an eye on future economic data, such as employment figures, gross domestic product growth, and interest rates set by the Central Bank of Afghanistan. These elements can provide insight into future trends and potential changes in currency’s stability. In conclusion, while it''s clear that the AFN has demonstrated stability within this 24-hour period, understanding the overall economic scenario is critical to making any investment decisions. Constant vigilance, seasoned with a comprehensive understanding of the financial market, can lead to investment success.AFN Exchange Rates Experience Minimal Fluctuation Over a 24-Hour Period

Current Middle Market Exchange Rate

For information purposes only.