2024-05-14 Comoro Franc News
2024-05-13
Summary of Last Month
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overview of the Trend
Based on the data given, the exchange rate (KMF) remained quite stable at 0.00298 for a substantial period, indicating a minimal fluctuation in the currency value. However, there are slight increases observable towards the later part of the dataset, where the exchange rate occasionally hits 0.003.
Seasonality or Recurring Patterns
After examining the dataset, there doesn't seem to be any obvious seasonality or recurring patterns in the exchange rate. The stability of the exchange rate throughout the data suggests this variable might not be highly subject to cyclical influences or regular intervals of change within this timeframe.
Outliers
In terms of outliers, the exchange rate remained relatively consistent throughout the provided data range; however, there are certain points where the rate slightly differs. Specifically, it increases from 0.00298 to 0.003, which could be considered a minor outlier given the predominant stability of the data.
Concluding Remarks
The given dataset demonstrates a relatively stable exchange rate with minimal variations. It does not showcase any marked trend, noticeable seasonality, or significant outliers. However, it's also critical to note that this analysis is solely based on the given data and that external factors, such as economic events or fiscal policies, could potentially influence exchange rates significantly.