2024-04-30 Cabo Verde Escudo News

Summary of Last Month

  • 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 an initial review of the provided dataset, the overall trend of the exchange rates appears to be fairly stable. There are slight fluctuations, with the rates initially staying between 0.01325 and 0.01327 until around 08:25, when it increased slightly to 0.01329. Following this, the exchange rate drops back down to 0.01322 at around 11:05 before gradually inching uphill for the rest of the day, ultimately peaking at 0.0133 towards the end of the day. There does not appear to be a significant increase or decrease trend within the day.

Seasonality and Recurring patterns

Given the dataset is only for a single day without any major fluctuations, it's challenging to identify any clear seasonality or recurring patterns.

Outliers

From the readings provided, there do not appear to be any significant outliers or anomalies. In general, the exchange rate remained within the range 0.01322 to 0.0133 throughout the day.

ng Market Trend In the world of financial markets, change is the only constant. Among the dynamic elements is the CVE exchange rate. A comprehensive analysis of the timeseries data from April 29, 2024, paints an intriguing picture of this volatility and its potential implications for investors. The day started with a stable CVE exchange rate of 0.01325 at 12 AM, which held steady for the next several hours. However, at 1:35 AM, the rate per unit displayed a slight uptick to 0.01327 and maintained that stability for nearly an entire day. The cyclical nature of such fluctuations becomes even more visibly apparent as the data proceeds. After hovering around 0.01327, the rate increased to 0.01328 by 3:50 AM, and retained that until around 8:25 AM, when we witness a further increase to 0.01329. As the daylight period crept up, we observe a significant dip to 0.01322 around 11:05 AM. This drop piqued the interests of vigilant investors. The late-night market watchers were rewarded around 20:05 when an unforeseen spike raised the rates to 0.01328, a leap from the day''s previous low. This turn of events is telling of the unpredictable nature of financial markets and the importance of closely monitoring exchange rates. It not only further attests to the volatility of the market but also emphasizes the opportunities ripe for the taking by those who can keep up. This prolonged period of stability followed by a sharp dip and subsequent recovery demonstrates the inherent risk and potential returns within financial markets. Investors looking for quick gains could have capitalized on these changes, but risk-averse individuals may view the same fluctuations with concern. The varying states of the CVE exchange rate throughout the day also suggest an underlying market trend. While the causes for such a trend haven''t been explicitly identified, the pattern appears too consistent to be merely coincidental. It does raise questions: What does this signal for the future of this exchange rate? Could these variations be indicative of an emerging trend in the market? The understanding of these factors and translating them into actionable investment strategies is the key to navigating financial markets. Going forward, key events and policy decisions will influence the direction the CVE exchange rate takes. Individual investors, financial institutions, and economic experts would do well to closely monitor these developments in light of this compelling data. The exchange rate dance continues, with every turn carrying the potential to make fortunes or takeaway one. This is a call to action for all current and potential investors – the world of financial market watches, do you?foreseen Spike In CVE Exchange Rates Points To An Emerging Market Trend

In the world of financial markets, change is the only constant. Among the dynamic elements is the CVE exchange rate. A comprehensive analysis of the timeseries data from April 29, 2024, paints an intriguing picture of this volatility and its potential implications for investors.

The day started with a stable CVE exchange rate of 0.01325 at 12 AM, which held steady for the next several hours. However, at 1:35 AM, the rate per unit displayed a slight uptick to 0.01327 and maintained that stability for nearly an entire day. The cyclical nature of such fluctuations becomes even more visibly apparent as the data proceeds. After hovering around 0.01327, the rate increased to 0.01328 by 3:50 AM, and retained that until around 8:25 AM, when we witness a further increase to 0.01329.

As the daylight period crept up, we observe a significant dip to 0.01322 around 11:05 AM. This drop piqued the interests of vigilant investors. The late-night market watchers were rewarded around 20:05 when an unforeseen spike raised the rates to 0.01328, a leap from the day

Current Middle Market Exchange Rate

For information purposes only.