2024-04-16 Costa Rican Colon News
2024-04-15
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
The provided dataset records the exchange rate (CRC) at different timestamps. Through careful analysis, certain characteristics of this data can be discerned.
1. Overall Trend of Exchange Rates
The dataset does not show a significant change in the exchange rate over the time period we examine. The rates have been somewhat stable, with minor fluctuations recorded. It starts at 0.00271 at the start of 2024-04-15 and drops slightly to 0.00270 by the hour of 01:35:02. The rate then remains stable until around 06:25:02 when a slight increase to 0.00274 is observed. The largest increase is recorded at 14:05:03 to 0.00276, and a small drop to 0.00274 at 20:05:03. The rate then finally settles back to 0.00275 for much of the remaining period. It indicates that the exchange rates have been generally stable over the period shown.
2. Seasonality or Recurring Patterns
Given the short duration of a single day covered by the dataset, it is difficult to determine any significant seasonality or recurring pattern in the changes in exchange rates. The data shows some intra-day variability, with small oscillations around the central value, but no clear cyclic pattern is evident. Additional data spanning longer time periods would be required to accurately determine any seasonal trends or recurring patterns.
3. Outliers
In terms of outliers, the dataset does not show any instances where the exchange rate differs significantly from what would be expected based on the observed trend. All fluctuations in the rates are minor and within a reasonable range, indicating a low volatility for these hourly intervals on 2024-04-15.
It's worth noting that analyses like these don't consider any specific event or external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports. Including those factors could account for unusual changes in exchange rates and provide a more accurate picture of the dynamics of the exchange rates.