2024-04-19 Congolese Franc News
2024-04-18
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Overall Trend Analysis
Based on the provided time series data, it can be observed that the exchange rates (CDF) remain constant over the entire period. The CDF exchange rate stands at a steady rate of 0.00049 at all the given timestamps. This indicates that there is no identifiable increase, decrease or fluctuation in the exchange rate over the time period evaluated. From the data provided, it can be inferred that the exchange rate appears to be very stable.
2. Seasonality or Recurring Patterns
In terms of understanding possible seasonalities or recurring patterns, given that the exchange rate is consistent across all times, there are no recognizable patterns or periodic fluctuations to identify within this dataset. The constancy of the exchange rate suggests that there may not be any discernable seasonal trends, cyclical changes or systemic patterns that typically indicate a recurring mechanism affecting the exchange rate.
3. Identification of Outliers
Due to the consistent nature of the exchange rates in the dataset, there are no noticeable outliers. No significant deviations or instances where the exchange rate differs from the prevailing rate of 0.00049 have been identified. Considering this uniformity, it is deduced that there are no anomalous fluctuations or extraordinary variations that might be considered as outliers within the dataset.
In conclusion, the provided dataset presents the picture of a highly stable exchange rate environment on the given date, devoid of any noticeable variances, seasonal patterns or outliers. Such stability can potentially imply a relatively balanced, controlled, and predictable foreign exchange market condition for the CDF currency at that time.