2024-05-15 CFP Franc News
2024-05-14
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Overview of the General Trend
The overall trend of the XPF exchange rate seems to be relatively stable over the time period covered by this dataset. The majority of the offered rates sit around the 0.01225 - 0.01236 domain. There are a few minor fluctuations, for instance, a momentary dip below 0.01224 and a temporary surge up to 0.01236. It is crucial to note, though, that these variations are minute and maintain within the general scope of stability.
2. Seasonality and Recurring Patterns
From the data, there is no clear evidence of any strong seasonality or recurring patterns in the changes in exchange rates. However, there are instances of minute repetitive patterns where the rates decrease slightly followed by a rise, then they return back to a steady value. Yet, these patterns don't seem to exhibit a consistent seasonal trend with any predictable cyclical periods and more data would be necessary to identify any seasonality more precisely.
3. Outliers in the Data
In this dataset, there do not appear to be any outliers or instances where the exchange rate differs significantly from the general trend. The changes in the exchange rate are subtle and there is no sudden spike or dip that would suggest an anomaly or outlier. The exchange rate remains fairly consistent within the previously stated range. Nonetheless, more detailed statistical analysis could be used to capture any subtler outliers that might not be immediately obvious from a general review.
4. External Factors
While not explicitly reflected in the given dataset, it's important to consider that real-world financial data are often influenced by a multitude of external factors. This includes market opening/closing hours, weekends/holidays, the release of key financial news, and reports, among other considerations. However, without additional context or data, it is not possible to analyze these impacts in this dataset.
Ultimately, this initial analysis suggests that within the given period, the XPF exchange rate has been reasonably stable. While there are minor oscillations, these don't appear to follow a distinctive seasonal pattern or display any glaring outliers.