2024-04-22 Congolese Franc News
2024-04-21
Summary of Last Week
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Data Analysis
From the provided data set, the following observations and analysis were made:
1. Overall Trend
Although there are minor fluctuations in the exchange rate over the period, there's an overall downward trend observed. The value started at 0.00049 on 2024-03-22 and ended at 0.00049 on 2024-04-19. There was a slight decrease to 0.00048 on 2024-03-28 and continued till 2024-04-01. There is a smaller decrease again to 0.00047 on 2024-04-01 and continued till 2024-04-09. Thereafter, the rate gradually climbed back to 0.00049 and eventually rose to 0.0005 momentarily on 2024-04-16.
2. Seasonal Pattern/Observation
There does not seem to be an obvious seasonality or recurring pattern in the exchange rates for the given duration. There are fluctuations, but they do not follow a clearly discernible pattern over the days or time. Any shift in values can be considered as normal market volatility rather than a seasonal pattern.
3. Notable Outliers
There's only one instance where the exchange rate idles from the trend, which is when it rises to 0.0005 on 2024-04-16 08:00:02 to 16:00:02. However, this increase appeared to be temporary as the price later stabilized back to its initial rates of about 0.00049. This slightly higher rate could be a result of a temporary increase in demand or a reduction in supply rather than an outlier. While outliers can occasionally occur in financial data due to unforeseen events, this event does not seem to vary significantly from the overall trend displayed in this data set.
Please note this analysis is based on the given data set only and does not take into consideration an external context such as specific economic events, financial reports, or market opening and closing hours that could influence these exchange rates.