2024-05-01 Comoro 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
1. Understanding the overall trend of the exchange rates
The data provided for the exchange rate (KMF) spans over a day, from 00:00:02 to 23:55:02 on 30th April 2024. Given the observations on different timestamps, there is a minimal fluctuation in the exchange rate throughout the day. The exchange rate begins at 0.00298 at 00:00:02 and stays at this consistent value until 07:40:02, where it increases by a marginal 0.00001 to 0.00299. This value remains consistent until 11:35:03, where it experiences another increase of 0.00001 to reach 0.003. This rate fluctuates between 0.003 and 0.00299 until 14:00:03, from when it again becomes stable at 0.00298. It is only at 16:00:03 that the exchange rate again increases to 0.00299 and remains so for the rest of the day, only occasionally dipping to 0.00298 and quickly returning back.
2. Identifying any seasonality or recurring patterns in the changes of exchange rates
It's difficult to identify seasonality from a single day's data. However, based on the data given, the exchange rate appears to be relatively stable throughout the day. The rate fluctuates between a narrow band of 0.003, 0.00299, and 0.00298. These minor fluctuations occur at certain specific intervals from 07:40:02 and continue till the end of the data set. A more extended period of data would be required to definitively identify if these fluctuations follow a particular pattern or seasonality.
3. Noting any outliers, or instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality
Given the minimal variation of 0.00001 to 0.00002 in the exchange rate over the entire day, there doesn't appear to be any significant outliers in the dataset. Every exchange rate value provided lies within the very close range of 0.00298 to 0.003. The changes are subtle and mostly consistent, without significant or unexpected shifts. Thus, from the perspective of this day's data, there are no substantial deviations or outliers from the expected trend.