2024-05-13 Burundi Franc News
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2024-05-12
Summary of Last Week
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend Of The Exchange Rates
Based on the provided data, it is clear that the exchange rate of BIF has remained stable throughout the entire period. The value of 0.00048 is consistent at all timestamps, with no increase or decrease. It's quite unusual for a foreign exchange rate to remain absolutely flat across multiple intervals, suggesting that the market for this specific rate may be less volatile or influenced by factors not changing drastically during this period.
Seasonality And Recurring Patterns
Given the nature of the data where the exchange rate stays constant, it implies there is no visible seasonality or recurring patterns to be observed. The lack of fluctuation in the rates renders any cyclical patterns non-existent in this dataset.
Outliers In The Exchange Rates
Similarly, because the exchange rate remains steady throughout, there are no outliers in this data set as all the data points are essentially the same. An outlier would require a significant deviation from other points and given the unchanging nature of this data, no such points exist.
In conclusion, this dataset doesn't provide changes in the exchange rates over time. All the records stayed constant at a rate of 0.00048, with no identifiable patterns, trends, or outliers. This could be either due to the less volatility of this exchange rate during the specific time frame or lack of more diverse data.
![Stability Reigns Supreme in BIF Exchange Rates Maintain Unprecedented Consistency](http://currencymart.net/images/news/burundi-franc/2024-05-13/img-zXtur4SzfwDVi74xEPwahKED.webp)