2024-05-10 Costa Rican Colon News
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2024-05-09
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Understanding the overall trend of the exchange rates.
Looking at the given time series data, it appears that the exchange rate for CRC remained fairly stable for a significant portion of the period on 2024-05-09. The rate stayed consistent at 0.00268 from the start until around the time of 2024-05-09 09:05:03 when it experienced a slight decrease to 0.00267. The rate stayed at this slightly decreased level until around the time of 2024-05-09 20:40:03 when it returned back to its initial rate of 0.00268. Towards the end of the trading day, the rate experienced a slight increase to 0.00269 and fluctuated between 0.00268 and 0.00269 until the end of the period.
2. Identifying any seasonality or recurring patterns in the changes of exchange rates.
Given that this is only a single day of data, it is difficult to ascertain any reliable seasonality or recurring patterns in the changes of the exchange rate. However, there are certain times when the rate changes slightly, indicating possible short-term cycle, which could be impacted by trading hours or other intra-day financial factors. More days of data would be needed to provide a reliable assessment of any seasonality.
3. Noting any outliers, or instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality.
There do not appear to be any notable outliers in this dataset. The fluctuations in the exchange rate are minor (0.00001 difference), suggesting that the rates remained relatively stable throughout this one-day period. All rates seem to be within a reasonably anticipated range based on the established trend.
Again, it's worth mentioning that a larger dataset (extending beyond this single day) would be needed to fully understand the trend, seasonality, and potential outliers in the exchange rates.
![Unwavering Resilience: CRC Exchange Rate Maintains Stability At .00268 After Slight Decrease](http://currencymart.net/images/news/costa-rican-colon/2024-05-10/img-gm3wf61dXKSGxE6mBneNc518.webp)