2024-05-03 Burundi Franc News
2024-05-02
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
I will start by clarifying that the provided dataset includes exchange rates in BIF (Burundian Franc), all of which are constant at 0.00048, over a series of timestamps on the date 2024-05-02.Understanding the overall trend
The first goal is understanding the overall trend of the exchange rates. By looking at the provided data, the rate remains at a constant of 0.00048 over all timestamps. Hence, the trend during this entire period is a straight, horizontal line, indicating stability, with no increases or decreases in the exchange rate.
Identifying any seasonality or recurring patterns
With regards to the seasonality, since the constant rate remains unchanged throughout, there is no seasonality or recurring patterns in the changes of exchange rates during this specific day.
Outliers and exceptions
In regard to outliers, as the exchange rate is completely stable at a value of 0.00048, there are no fluctuations that permit the presence of outliers. All values are consistent with each other and there are no significant changes to denote.
Consideration of external factors
You have specifically requested that the analysis doesn't consider external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports. Therefore, an analysis of the effects of these factors on the provided data is not applicable.
Forecasting Future Rates
As per your request, a forecast for future rates will not be generated, and the focus is strictly on analyzing the data provided from 2024-05-02.
In conclusion, the exchange rate for this particular day (2024-05-02) is observed to be stable with no fluctuations, indicating no volatility in the market for this particular period.