2024-05-10 Burundi Franc News
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2024-05-09
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Note: It seems like the information provided is consistent, therefore there seems to be no outliers or variations to be studied. The constant value is 0.00048. Given that the data does not vary throughout the entire period, there is no trend, seasonality, or outliers observed.
Understanding the overall trend of the exchange rates
Upon a quick review of the data, it seems that the values of the bif exchange rate have remained constant at 0.00048 across all the given timestamps. This indicates a stable exchange rate with no fluctuations or changes observed over the specified data period. Therefore speaking strictly from the provided data, there is no discernible upward or downward trend. It's a flat trend with no increases or decreases.
Identifying any seasonality or recurring patterns in the changes of exchange rates
Upon analysis of the dataset provided, no seasonality or recurrent patterns can be observed because the exchange rate remains the same, i.e., 0.00048 across all the time slots. Seasonality or recurring patterns become observable when data fluctuates in cyclical or predictable patterns over a specified period, which is not the case here. Hence, there are no identifiable patterns in this data.
Noting any outliers, or instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality
Given the BIF exchange rate remains constant, there were no significant deviations or outliers recorded in the given dataset. An outlier is a data point that deviates significantly from other observations, usually causing anomalies in the pattern. Since our data does not show any variations in exchange rate, we do not have any outliers in the dataset.
![Stability Reigns Supreme as BIF Exchange Rates Remain Unchanged](http://currencymart.net/images/news/burundi-franc/2024-05-10/img-xpbKR4HEcY3PksEVQGhq6QgR.webp)