2024-04-26 Boliviano News
2024-04-25
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Data Analysis: Overall Trend
Based on the provided time-series data for exchange rates, there is a slight decreasing trend in the exchange rate over time. This means that the value of the currency (BOB) is gradually decreasing, which implies that the currency is gradually weakening compared to other currencies.
Analyzing Seasonality and Regular Patterns
At a quick glance at the data, it's difficult to establish any clear seasonality or recurring patterns in the data. The trends appear to fluctuate quite randomly, suggesting that the rates may be influenced by various factors beyond the scope of this dataset.
Spotting Outliers
The rates range between approximately 0.197 and 0.198 with no distinct outliers. All values seem to operate within this relatively tight range. There are no instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality. This suggests that this market is relatively stable for the time period observed.
Factors Influencing Exchange Rates
This analysis does not take into account any specific external events or market factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. Those factors could potentially influence any large fluctuations or changes in the exchange rate and provide further insights into this analysis.
Forecasting
As per the request, no forecast for future rates is provided in this analysis.