2024-04-30 Brazilian Real News
2024-04-29
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 Results:
From the data given, the analysis is as follows:
1. Trend of the Exchange Rates:
Upon conducting an initial review of the exchange rates over the time period provided, a slight general increase is noted in the BRL exchange rate from 0.26651 to 0.26731. This indicates an upward trend, though the movement is relatively minor.
2. Seasonality and Recurring Patterns:
The dataset does not readily provide a long duration to establish seasonality of the exchange rates with certainty. However, no prominent recurring pattern is apparent in the changing exchange rates over the data’s time period.
3. Notable Outliers:
As for outliers in the dataset, the exchange rate peaks at 0.26759 and drops to as low as 0.26651. Yet, these rates don't appear to substantially deviate from the general trend, suggesting that the exchange rate changes are relatively stable throughout the data coverage. Moderation and high predictability are observed in the fluctuation of exchange rate.
Conclusion
The BRL exchange rate exhibited slight upward trend over the time period provided in the dataset. While moderate fluctuations are noted, the trends seem to remain stable with no distinct recurring patterns or major unexpected changes observed.
