2024-05-01 CFP Franc News
2024-04-30
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Understanding the Overall Trend
The dataset provided gives a detailed hourly account of XPF exchange rates throughout the day for the month of April 2024. On analyzing the data, the overall trend seems to be fairly stable with minor fluctuations. The rate begins at 0.01226, and it increases slightly to 0.01235 by the end of the day. There is no drastic change or unstable peaks or valleys throughout the day indicating no significant increase or decrease. Hence, the overall trend of exchange rates throughout the day can be considered relatively stable.
Identifying Seasonality or Recurring Patterns
In terms of seasonality or recurring patterns, as this dataset only covers a period of one day, it is challenging to establish any concrete patterns conclusively. However, the data shows some subtle increases in the exchange rate during the time period 06:05:02 to 16:00:03 and then again from 17:25:02 to 23:55:02. Furthermore, the rates seem to show a tiny bit of reduction or stability from 16:05:03 to 17:20:0 and similar trend was observed from 22:20:02 to 23:25:01. But these patterns and fluctuations are very mild and cannot be considered as a strong recurring pattern.
Noting Any Outliers
In regards to outliers, it is apparent from reviewing the data that no significant outliers exist. All the exchange rates in the dataset range between 0.01225 and 0.01235, which is a very narrow spread. This suggests that the exchange rate is highly stable throughout the given period, and there were no significant unexpected spikes or drops in the rates that would qualify as outliers.
Conclusion
In conclusion, the exchange rates for XPF on April 30, 2024, showed a high level of stability with only minor variations. There were no significant outliers, and any patterns that did emerge were subtle and could not be definitively stated to be recurring. The data appears to reflect a steady, stable market for this particular date.