2024-05-15 Argentine Peso News
![Currency mart logo](../../../images/blog/currency-mart-logo.png)
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
Overall Trend of the Exchange Rates
Based on the rates provided, the ARS exchange rate over this period appears to be stable. The exchange rate from 00:00 on the 2024-05-14 to 07:45 was consistently at 0.00155. However, from 07:45 onwards, there is a slight decrease as the rate drops to 0.00154 and remains at this level for the rest of the day.
Seasonality or Recurring Patterns in Exchange Rates
From the data provided, no obvious seasonality or recurring patterns can be discerned within this 24-hour period. The rate remains constant for significant periods, with only one notable shift at 07:45 from 0.00155 to 0.00154.
Identifying Outliers
With such a narrow range in the dataset (between 0.00155 and 0.00154), there doesn't appear to be any significant outliers in this data. The occurrence of the slightly lower rate of 0.00154 could be considered an anomaly compared to the predominant rate of 0.00155, but with such a small change it would not generally be considered a significant outlier.
Please note that this analysis only focuses on the internal trend and does not take into account external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports that might impact the exchange rates.
![Steady Argentine Peso Holds Economic Promise despite Global Uncertainties](http://currencymart.net/images/news/argentine-peso/2024-05-15/img-11O2VijEnTQDvYZk5ZrZSn9w.webp)