2024-04-30 Colombian Peso News
2024-04-29
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
Analysis Overview
After analyzing the dataset, the following insights were observed:
1. Understanding the Overall Trend
The data provided shows a relatively stable exchange rate for the Colombian Peso (COP) over the entire day of April 29, 2024. Specifically, the exchange rate remained at 0.00034 COP from midnight up until around 07:40 in the morning, where it saw a minor increase to 0.00035 COP - a value at which it stayed for the remainder of the day. There were no major fluctuations or changes throughout the day, indicating a relatively stable exchange rate for this particular day.
2. Identifying any Seasonality or Recurring Patterns
With the data covering a period of just a single day, it is not possible to accurately identify any seasonality or recurring patterns such as weekly or monthly variations. However, we do observe a slight increase in the exchange rate early in the morning. Without additional data, it's not possible to say if this is a regular occurrence or an anomaly specific to this day.
3. Noting any Outliers
In the dataset provided, there are no visible outliers. Throughout the entire day, the exchange rate stays at either 0.00034 or 0.00035, without any instances of drastic or unexpected changes. This indicates a consistent and predictable financial environment for this specific day.
Given more data points across a larger period, more nuanced trends, seasonality, and outliers could potentially be uncovered. However, from this single day's data, we can conclude that the COP exchange rate was very stable and experienced only minor changes during the early hours of the morning.
