2024-05-21 Comoro Franc News
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2024-05-20
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
Overall Trend of the Exchange Rates
Based on the dataset provided, the overall trend of the exchange rates seems to be relatively stable, with only minor changes occurring throughout the timeframe. The rates started at around 0.003 and experienced a very minor increase halfway through (around 2024-05-20 01:00:02), where it moved to a rate of 0.00301. This minor increase persisted for most of the remainder of the dataset period, with occasional drops back to 0.003 at varying intervals. The data ends with the exchange rate back at 0.00301.
Seasonality or Recurring Patterns in the Changes of Exchange Rates
No obvious seasonality or recurring patterns can be discerned from the dataset. The minor increase observed in the middle of the timeframe does not seem to recur in a predictable pattern. Similarly, the occasional drops back to 0.003 from the rate of 0.00301 do not follow a discernible pattern in terms of frequency or intervals. It's essential to note that this analysis is based solely on the dataset provided and does not take into account any external factors like economic indicators or market conditions.
Outliers or Significant Rate Changes
Over the course of this data period, no significant outliers or unexpected changes are evident. The range of fluctuation is quite narrow, swinging only between 0.003 and 0.00301. As such, based purely on this dataset, all the changes can be considered as part of the normal fluctuation range rather than clear outliers or significant changes.
Please note that this analysis only considers the given time-series data and doesn't take into account potential external influences. As such, any conclusions need to be accepted with a degree of caution and possibly validated with more comprehensive analysis or data.
![Steady Surge in KMF Exchange Rate Noted in Latest Data Snapshot](http://currencymart.net/images/news/comoro-franc/2024-05-21/img-GQ7LbD6oPJqcjM3K6gBlf8aP.webp)