2024-05-22 Costa Rican Colon News
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2024-05-21
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 1: Understanding the Overall Trend of the Exchange Rates
Upon examining the provided data, it is observed that the exchange rate has stayed entirely consistent at a rate of 0.00266, except for a few instances where it rose slightly to 0.00267. This signifies a highly stable rate in the asked duration. Therefore, the overall trend observed in this exchange rate is stability.
Analysis 2: Identifying Seasonality or Recurring Patterns
As the values of the rate are stable, there seems little variance to be attributed to seasonality or recurring patterns. The few cases where the exchange rate of 0.00267 appears do not present a clear pattern; hence, we can't identify any regular intervals or recurring basis when this happens.
Analysis 3: Noting Outliers
The outlier in this dataset is the exchange rate's periodic rise to 0.00267. However, this is not significantly different from the stable rate of 0.00266, hence can be regarded as a minor deviation rather than a significant outlier.
To sum up, the provided dataset shows a remarkably stable exchange rate with minor changes that don't follow a discernible pattern. There's no visible impact from external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports in this dataset. Therefore, the analyzed exchange rate can be best described as stable and consistent.
![Stability Reigns Supreme in CRC Exchange Rates Despite Market Turbulence](http://currencymart.net/images/news/costa-rican-colon/2024-05-22/img-m4msNfOfYgB6mn6xmSJDL1f4.webp)