2024-04-30 Cuban Peso News
2024-04-29
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
Based on the time-series data provided, let's start the analysis.1. Understanding the Overall Trend
The overall trend of the CUP exchange rate from this dataset appears to be slightly increasing. Ranging From approximately 0.05146 at the beginning of the period, to around 0.05163 by its end, the inclination suggests a slow but steady upward trend. However, the micro-variations are quite marginal and the rate broadly remains in a tight band during the whole period covered by the dataset.
2. Identifying Seasonality or Recurring Patterns
From the time-stamped data given, it is challenging to identify any distinct seasonality or recurring patterns. The marginal fluctuations in the exchange rate could be due to various daily trading activities, but there is no pronounced cyclical pattern that repeats at a specific interval. If more data were available, including data over multiple months or years, it might be easier to identify such patterns.
3. Noting any Outliers
Regarding outliers, it doesn't seem there are any major deviations in the dataset given. The exchange rates stay between a very tight band, varying only at the fourth decimal place. This suggests that over the period being studied, there are no extreme or unexpected rate changes and the exchange rate remained generally stable.
While these are useful observations from the data, it's important to note that these patterns could change over different periods or under different economic conditions. Also, external factors such as market news, political events, or changes in economic indicators may have a significant impact on exchange rates.