2024-05-07 Boliviano News
2024-05-06
Summary of Last Month
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Analysis Overview
Based on the provided time-series data, various conclusions and trends can be identified regarding exchange rates trend.
Overall Trend of the Exchange Rates
The overall trend of the exchange rates in the given time period seems to be relatively stable, with minor fluctuations. The exchange rate fluctuates between approximately 0.1975 and 0.1981 within each individual day, indicating some level of volatility, but this variability does not indicate a clear directional trend. As a result, it's hard to categorically declare that the rates generally increase or decrease over the period shown in the data.
Seasonality and Recurring Patterns
On a daily basis, it appears that there is a lack of significant and consistent patterns in exchange rate movements. Minor fluctuations throughout the day suggest volatility without clear indications of directionally consistent intra-day seasonality.
Outliers and Noteworthy Instances
There are no instances where the exchange rate diverges significantly enough from the general range of variation to be considered an outlier. The rate consistently oscillates within a narrow band. This suggests that, during the time period represented by the data, the exchange rate's movements were quite constant, with no significant unusual peaks or troughs.
Conclusion
The data provided indicates a stable exchange rate with minor day-to-day fluctuations. There is no significant trend, seasonality, or noticeable outliers within the given dataset. This could suggest a stable period for the BOB exchange rate during this specific time period. However, it's necessary to consider that such an analysis does not consider potential future changes that could be influenced by various external economic factors.