2024-05-09 Comoro Franc News
2024-05-08
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Understanding the Overall Trend of Exchange Rates
Based on the given data, we see that the exchange rate for KMF remains relatively stable for the vast majority of the period covered. The KMF exchange rate begins at a value of 0.00301 and sees only minor fluctuations throughout the hours and days. There are longer sections where the price stagnates at 0.00301 and periods of fluctuation to slightly lower rates of 0.00300 and 0.00299.
Identifying Seasonality or Recurring Patterns
Upon careful analysis, it's hard to identify any clear and consistent cyclical or seasonal pattern within this dataset, due to relatively stable rate throughout the time period studied. We would require more detailed data, over a more extended period, or perhaps with a higher frequency of readings (e.g., every minute instead of every five minutes), to identify any short-term or intra-day patterns.
Noting Any Outliers
In terms of outliers, there isn't any distinct point that significantly deviates from the general pattern in this dataset. The variations that do occur, shifting from 0.00301 to mostly 0.00300 and 0.00299, are not so significant and cannot be considered as outliers as they don't differ drastically from the vast majority of the data. Also, as these slight variations recur repeatedly they appear to be part of the regular fluctuations in the exchange rate, rather than something out of the ordinary.
In summary, the KMF exchange rate over this specific period is quite stable with minor fluctuations indicating potentially normal market variability. Nonetheless, a more in-depth analysis with more data spanning over a longer duration will give more insights regarding trends, seasonality effects, and potential outliers.
