2024-05-22 Cuban Peso 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
Overall Trend
From a glance at the series of exchange rates, it seems that the rates generally remain stable over the provided time period. While there are some degree of minor fluctuations, there is no significant upward or downward pattern. The value of the exchange rate appears to hover mainly around the mark of 0.05145 throughout the time period.
Seasonality and Recurring Patterns
In this, we look into more detailed analysis, we could potentially discover some recurring patterns or seasonality. However, with the granularity of data available (every 5 minutes in general), it's hard to spot any noticeable seasonality or recurring patterns purely from a visual assessment of the data. More intensive time series analysis using statistical models could potentially unearth daily or hourly patterns.
Outliers
In terms of outliers in the data, again, the exchange rates seem quite stable. At a few points, though, the exchange rate dropped relatively lower down to 0.05138 and tends to peak at 0.05158. It would require a more detailed statistical analysis to officially ascertain the presence and extent of outliers.
To sum up the discussion, a thorough statistical analysis would be needed to identify specific trends, patterns, and outliers present in the data. This preliminary overview however, indicates a degree of stability in the exchange rate over the given time period.
![Minor fluctuations observed in exchange rate of CUP in day-long trend](http://currencymart.net/images/news/cuban-peso/2024-05-22/img-diZ8PpbEACqezFc0CgM7bgDe.webp)