2024-05-16 Burundi Franc News
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2024-05-15
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend Analysis
Data shows that the exchange rates have been primarily stable throughout the given period. The exchange rate started at 0.00048 at the beginning of the day and ended at 0.00048 on the same day. Though there is a slight decrease to 0.00047 during the hours from 07:35:03 to 20:15:02, the rate returned back to the original value afterwards.
Seasonality and Recurring Patterns
Regarding seasonality or recurring patterns, it is seen that the exchange rate decreases slightly from 0.00048 to 0.00047 at the timestamp '07:35:03' and then, it increases back to 0.00048 at '20:15:02'. This suggests that during the given period, there is a consistent pattern or recurring decrease and increase in the rates daily. However, more data would be necessary to confirm this pattern.
Identification of Outliers
The dataset appears to be quite consistent and no significant outliers are observed. The only variations in the dataset are minor decreases and increases between 0.00048 and 0.00047 which are not significantly large to be considered as outliers. It follows a uniform trend throughout the period, without any abrupt or unexpected changes.
![Stability Reigns Supreme As BIF Exchange Rate Holds Steady for the Day](http://currencymart.net/images/news/burundi-franc/2024-05-16/img-oBUNFbKemvWfKnfik0gGR7gk.webp)