2024-05-10 Cuban Peso 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
Overall Trend of Exchange Rates
By examining the dataset, it is clear that there is a very small fluctuation in the exchange rates during the given time frame. The rates remained primarily stable on the given day, which is May 9, 2024. The exchange rate began at 0.0518 and ended at 0.05165, representing a slight decrease overall. There was a small increase in rate from 0.0518 to 0.05184 starting from midnight that provides stability up to 2:30 am, after which the rate slightly falls and stabilizes at 0.0518 leading up till 5:00 am. The lowest recorded exchange rate within the given dataset is 0.05159 and the highest exchange rate is 0.05184. A gradual increase trend is observed from 9 pm to 9:15 pm, after which the exchange rate stays stable at 0.05165.
Seasonality or Recurring Patterns
It's important to note that the data provided only covers a single day, so it doesn't allow for analysis of any yearly, monthly, or weekly seasonality in the exchange rates. However, within the given day, two significant patterns are notable: 1) A slight increase in exchange rate around 1 am to 2 am, and 2) A set of recurring patterns where a very small increase in the exchange rate is followed by a period of steady rates and then a small decrease that leads to stabilization of rates. These patterns tend to occur over short periods (an hour). However, there is no strong seasonality observable from this one-day data.
Outliers in Data
Given the context of the data, there are no significant outliers observed. The values deviate minimally from the general trend, and there are no instances where the exchange rate unexpectedly increases or decreases by a large margin. Thus, the standard deviation of the dataset should be relatively small, indicating a steady exchange rate. This consistency suggests that there were likely no unexpected market events on this day.
![Unwavering Stability Seen in CUP Exchange Rates Over Full Day Duration](http://currencymart.net/images/news/cuban-peso/2024-05-10/img-7BLEShGYhKVBGe0oZUVaC4AT.webp)