2024-05-09 Burundi Franc News
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2024-05-08
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Understanding the overall trend of the exchange rates:
Based on the provided data, the exchange rate is perfectly stable throughout the period. The BIF exchange rate is consistently valued at 0.00048 for every timestamp, from 2024-05-08 00:00:02 till 2024-05-08 23:55:02. This indicates a very stable and unchanging market with no fluctuations in the exchange rates.
2. Identifying any seasonality or recurring patterns:
As the exchange rate remains static at 0.00048 for every given time point, there are no detectable recurring patterns or seasonal trends in the data. As such, the BIF exchange remains constant throughout the period in consideration, and does not demonstrate any patterns or cycles typical of many financial time series data.
3. Noting any outliers or unusual instances:
Given the constant rate of 0.00048 across all timestamps, there are no outliers in the data. An outlier would typically be determined as a rate that deviates noticeably from the prevailing trend or range, but since the rate never deviates from 0.00048, there can be no outliers. This suggests a unusually stable market condition for the BIF.
![Unwavering BIF Exchange Rate Marks a Day of Steady Stability](http://currencymart.net/images/news/burundi-franc/2024-05-09/img-uBOFf32GaDsUITMMaWmbGqtv.webp)