2024-05-14 Congolese 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
Overall Trend Analysis
Looking at the data, we observe that the exchange rate (CDF) remains constant at 0.00049 throughout the entire period in 2024. There is no evident increase or decrease over the period shown.
Seasonality and Recurring Patterns
With regard to seasonality or recurring patterns in the data, since the exchange rate remains static at 0.00049 across all timestamps, we can infer that there are no apparent cyclical or seasonal patterns in the exchange rate movements.
Outliers and Significant Changes
Besides, no outliers or significant shifts from the general trend are observable throughout the period. In other words, we see a flat trend with a constant exchange rate; no periods of significant increase or decrease are evident in the provided dataset.
The consistency in the exchange rate could be due to market stability, policy interventions, or other macroeconomic factors during this period.
Please note that this assessment does not take external events like market opening/closing hours, weekends/holidays, and the release of key financial news and reports into account.
Summary
In summary, the dataset highlights a situation where the exchange rate remains constant throughout the entire period. There's no evidence of rate fluctuation, outliers, or seasonal patterns. It's quite unusual for exchange rates to remain this stable, which suggests an unusual level of stability or strong intervention mechanisms during this period.