2024-05-14 CFP Franc News
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2024-05-13
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 Analysis
Based on the provided dataset, the overall trend of the exchange rate for XPF appears to be relatively stable. The exchange rate ranges from 0.01226 to 0.01228, which indicates slight fluctuations but no significant shifts in value during the specified timestamps. This stability suggests that the market conditions for XPF were relatively steady and unchanged during this period.
Seasonality and Patterns
The provided dataset does not show any noticeable seasonality or recurring patterns. The changes in the exchange rates, while minor, appear arbitrary, with no discernible correlation to specific times of the day or particular periods within the dataset. The absence of significant cyclical patterns implies that the XPF exchange rate is potentially influenced more by external factors rather than time-specific conditions.
Outliers Analysis
There is no significant outlier in the provided dataset. All data points (exchange rates) fall within the narrow range of 0.01226 to 0.01228. Given the small range of values, even minor fluctuations wouldn't be categorized as outliers because the variance is relatively minimal. This further supports the finding of a stable trend for the XPF exchange rate.
Summary
- The XPF exchange rates maintained stability throughout the given timestamps, with minor fluctuations within a narrow range. This denotes a stable market condition for the currency.
- No identifiable patterns or seasonality were observed in the changes in the exchange rates, suggesting that the rates were possibly influenced more by market dynamics rather than time-specific factors.
- Absence of significant outliers further attests to the stable trend observed in the XPF exchange rates.
![Stable Periods Witnessed in XPF Exchange Rates May Signal Upcoming Volatility](http://currencymart.net/images/news/cfp-franc/2024-05-14/img-OPY7sNBAKxZ1HwKRFDpRlqo9.webp)