2024-05-13 Cordoba Oro News
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2024-05-12
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
Overall Trend Analysis
From the data provided, it can be observed that the exchange rates have slight variations but appear to be relatively steady with minor daily fluctuations. Over the period that this data represents, there's a small tendency towards both increase and decrease at different times, but no prominent constant upward or downward trend is noted. The exchange rate seems to fluctuate between 0.03705 and 0.03769.
Seasonality Analysis
The dataset seems to lack a clear pattern of seasonality. The changes in exchange rates are not consistently repeating at particular intervals of time which would suggest any seasonal trends. A more extended period or a larger dataset might be required to confirm the absence of any seasonality definitively.
Outlier Analysis
The data does not seem to have extreme outliers where the rates differ significantly from the average. All values lie relatively close to the mean rate. Outliers in financial data typically represent drastic changes or spikes that could be due to unique market events. However, such drastic movements are not seen in the provided dataset.
Please note that without considering external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports, this analysis might not capture all potential influencing factors on the exchange rates.
![Unprecedented Stability Noted in Exchange Rates Over a Fortnight](http://currencymart.net/images/news/cordoba-oro/2024-05-13/img-3YtPFITnOs8aSz2aon3NChAc.webp)