2024-05-10 Comoro Franc News
2024-05-09
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend of the Exchange Rates
The exchange rate dataset provided covers the period from 2024-05-09 00:00:02 to 2024-05-09 23:55:02. From the initial scan of the data, the exchange rate for the kmf fairly remains stable throughout the 24-hour period. The rates fluctuated between 0.00298 and 0.003, with minimal changes which indicates a stable market for this particular day.
Seasonality or Recurring Patterns
Given that the data only covers a 24-hour period, it's challenging to accurately identify seasonal or recurring patterns. For such an analysis, data covering a longer timeframe - such as several months or years - would typically be required. However, from the available data, no clear pattern or cycle can be distinguished throughout the day.
Outliers in the KMF exchange rate
Over the given period, the range of the KMF exchange rate is very narrow with the minimum rate being 0.00298 and the maximum rate being 0.003. With such a limited fluctuation range, no significant outliers can be detected. Any slight changes in the rate during the day don't seem to conflict with the overall pattern of the exchange rate.
Consideration of Other Factors
As per the instructions, factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports have not been considered in this analysis. However, it should be noted that such factors can significantly impact the behavior of exchange rates in reality. Detailed analysis considering such factors might yield different trends and patterns.