2024-05-13 Comoro Franc News

Summary of Last Week

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:


Overall Trends

The overall trend of the KMF exchange rates across this data set appears to be relatively stable. Initially, the rates begin at around 0.00303 but over time, there's a slight decrease as it ends roughly at 0.00298. While there are some fluctuations occurring in-between, the exchange rates of KMF don't drastically move from the range of 0.00303 and 0.00296. Therefore, based on this data, we can conclude that the KMF exchange rate remains fairly steady with a slight drop.

Seasonality and Recurring Patterns

Upon reviewing the given data, there's no clear seasonality or recurring patterns can be discerned. The data set would need to encompass a broader time range and additional context, such as specific days of the week and months, to accurately identify if there's any seasonality affecting the exchange rates. In this dataset, the fluctuations in rates do not seem to follow a regular cycle. However, we might see patterns emerge if we have data for a longer time horizon.


As for outliers, according to the data provided, there are no significant instances where the exchange rate appears excessively different from the general trend. The exchange rate variation is quite mild, and all values fall within a tight range, which suggests that no extreme events have significantly influenced the KMF exchange rate during this period.


It's important to recognize that this analysis is solely based on the given data set and does not take into account additional factors that could potentially affect the exchange rate. It's always recommended to analyze financial data with the relevant context and a comprehensive understanding of the market events and conditions that may influence it.

ths Period In the last couple of months, a noteworthy development has occurred in the currency market, especially concerning the KMF exchange rate. This rate has been observed to have undergone a minor decline during this period, hinting at potential shifts in the currency market. Starting from April 12, 2024, the KMF exchange rate was at 0.00303. However, for the next two months, till May 10, 2024, a minimal but steady decline was witnessed in the KMF exchange rate, bringing it down to 0.00298. These rates recorded at various timestamps over that span give us a glimpse into the fluctuations in the financial market. However minute this depreciation might seem, in the world of financial markets even small fluctuations can have significant effects. For forex traders and investors, who hinge their decisions on such subtle changes, this could mean reconsidering their standing on investing in KMF or related assets. The reason behind this slight downtrend in the value of KMF could be multi-faceted and influenced by both domestic and global factors, such as shifts in the foreign exchange market, economic policies, or even changes in the country''s macroeconomic stability. Understanding the implications of these changes is paramount as they directly impact investment decisions, international trade, and the economy at large. Taking a deeper delve into the numbers, the exchanged rate remained stable at 0.003 between April 12 and April 15, after which it started its gradual decline. The rate then fluctuated between 0.00298 and 0.00296 over the next month, hitting the lowest on May 2. Although the magnitude of this decrease was marginal, it still raises important questions about the currency''s stability. Will this be a continuing trend? Or just a temporary dip? Will the subsequent speculations influence the actions of investors or impact the economy? Deep understanding of the patterns and analysis of such data is fundamental for economic predictions and policy-making, directly influencing the strategies for businesses, investments, and governments. Particularly for those involved in foreign trade and investment, the vigilance of such financial ratios and their potential impact is indispensable. In the bigger picture, the financial world will be eyeing the future movement of KMF''s exchange rate cautiously. While the decrease has been slight so far, its prolonged continuation could have broader implications. Furthermore, the role of global and local events can never be undermined. Future economic and geopolitical developments would directly, and indirectly, shape the future course of KMF. The direction of this trend could have implications for investors and policy-makers in the region. Hence, it is essential to keep an eagle''s eye on the future exchange rates and related economic updates as they could potentially alter the course of the KMF currency market.KMF Exchange Rate Records a Slight Decrease over Two Months Period

Current Middle Market Exchange Rate

For information purposes only.