2024-04-29 Comoro Franc News
2024-04-28
Summary of Last Week
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
To facilitate the analysis, the data provided has been organized considering the date (date_at) and the exchange rate (kmf). This dataset comprises time series data, capturing the changes in exchange rates over time. Below, the findings are presented in light of three main aims: understanding the overall trend, identifying seasonality or recurring patterns, and noting any outliers.Understanding the overall trend of the exchange rates.
Observing the dataset provided, the overall trend of the exchange rate can be identified. Generally, the exchange rate appears to fluctuate slightly over the time period captured. However, the variation seems minimal, suggesting relative stability in the exchange rate. Between 29th March and 26th April 2024, the rate fluctuated within a range of 0.00295 and 0.00303. The fact that these fluctuations are relatively small indicates a stable exchange rate overall. Further statistical analyses, such as calculating the mean or median, might aid to precisely quantifying this overall trend.
Identifying any seasonality or recurring patterns in the changes of exchange rates.
To discern any seasonality or recurring patterns, an analysis of the timestamps and exchange rates was conducted. It shows that there do not appear to be clear recurring patterns or consistent fluctuations at particular times. For example, from the dataset, there is no evident pattern where the exchange rate consistently increases or decreases at specific hours of the day or specific days of the week. Therefore, there seems to be no evident seasonality in the data.
Noting any outliers, or instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality.
When scanning the dataset for potential outliers - instances where the exchange rate significantly deviates from what might be expected based on the overall trend or seasonality - no clear outliers are visible. All exchange rates listed are within a narrow range, and no single rate seems to deviate significantly from the others. Therefore, it would appear that there are no clear outliers within this dataset.
Please note, this is a general analysis of the data provided without taking into consideration external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. Moreover, this analysis does not infer or predict future rates.