2024-05-08 Congolese Franc News
2024-05-07
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Analysis of the Exchange Rate Dataset
Upon observing the dataset, it appears that the exchange rate (CDF) has not shown any fluctuation over the given period. The value in the CDF column remains constant at the value of 0.00049, which does not change over various timestamps indicating no volatility. The data is persistent for every entry in the given dataset.
Overall Trend of the Exchange Rates
The overall trend for this dataset seems to be stable. As there have been no observable changes in the reported exchange rates, we can say that the rates have neither increased nor decreased during the given period. They have remained constant. There is no discernible trend or slope, indicating a level exchange rate.
Seasonality or Recurring Patterns
Given the fact the exchange rates don't change throughout the dataset, no obvious seasonality or recurring patterns can be identified. Typically, in time series data like this, regular and predictable changes that recur every calendar year or within certain hours of the day can be identified as seasonality. In this dataset, however, the constancy of the rates prevents us from recognizing any such pattern.
Outliers in the Exchange Rates
Since the exchange rates do not fluctuate and remain level throughout, there are no outliers in the data. An outlier would typically be observed if a value significantly deviated from the other values in the dataset, which would require variation at the very least. With constant values in this dataset, an outlier scenario does not exist.
Given the unchanging nature of this time series data, a more advanced statistical analysis or forecasting would not provide any further valuable insights. However, if there are changes in future data, this could indicate a shift from the stability we observe right now. It's recommended to continue monitoring these rates for any unprecedented changes.