2024-04-19 Cabo Verde Escudo News
2024-04-18
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
Looking at the dataset, it is noted that the exchange rates remained relatively stable throughout the period, ranging from 0.01329 to 0.01348. The data shows minor fluctuations but no significant increase or decrease. It started at 0.01331 and went down to 0.0133, then gradually went up, reaching the highest value of 0.01348 around 2024-04-18 12:25:03. The rates reached the lowest value of 0.01324 around 2024-04-18 14:40:02. Later, the exchange rates elevated and bounced between these two values.
Seasonality and Recurring Patterns
As for seasonality or recurring patterns, it's challenging to identify a pattern due to the stability of the exchange rates and lack of a distinct rise or fall within the given timeframe. There are fluctuations observed within a narrow range, but overall, the exchange rate appears to fluctuate symmetrically around a generally constant mean. No specific time-based patterns (daily, weekly, etc.) can be discerned from the dataset without more extensive time or pattern analysis.
Outliers Identification
In this dataset, no extreme values can be identified, suggesting the absence of outliers, which is consistent with the generally stable trend of the exchange rates. All values fall within a closely bounded range, and no individual readings indicate a rate that differs significantly from surrounding entries. This stability may indicate a low-volatility period for this currency pair or a balanced supply and demand in the market during this period.
Conclusions
- The overall exchange rate does not show a significant increase or decrease trend but fluctuates within a relatively narrow range.
- No clear seasonal or recurring pattern can be identified from this dataset due to the nature of the data being relatively constant.
- There are no identified outliers in this dataset, indicating that the rate changes were almost entirely within expectations.