2024-04-16 Djibouti Franc News
2024-04-15
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
Data Overview
The dataset provided presents the exchange rates for DJF (Djiboutian Franc) at various timestamps, going from April 15th, 2024, 00:00:02 to April 15th, 2024, 23:55:02.
A high-level inspection of the data shows the values hover around the 0.00772 - 0.00776 range, with subtle fluctuations throughout the observed period. This continuous exchange rate data is crucial for identifying trends, recurring patterns, and potential outliers in the data.
Overall Trend Analysis
An examination of the DJF exchange rate throughout the day shows minor fluctuations. The exchange rate starts at 0.00773 on April 15th, 2024 (00:00:02), and it dips slightly to the lowest observed rate of 0.00771 at 08:05:03, and 08:10:03. However, this drop is temporary and does not signify a long term downward trend as the rate quickly returns to around 0.00772.
The highest observed exchange rate of 0.00776 occurs multiple times but first observed at 12:25:03, showing an upward trend in the DJF exchange rate as the day progresses. However, the rate drops back to 0.00772 level around 20:05:03 and maintains that level until the end of the day.
Seasonality and Recurring Patterns
Given the dataset includes only one day's worth of data, it is difficult to identify any seasonal patterns which typically occur over longer periods (weeks, months, or years). Similarly, daily recurring patterns would require multiple days of data to confirm. Therefore, based on the provided dataset, we are unable to comment on seasonality or daily recurring trends reliably.
Identification of Outliers
In time-series data, an outlier is an observation that lies an abnormal distance from other values. In this dataset, no significant outliers were found. The DJF exchange rates mostly fluctuated between 0.00772 and 0.00776, with only a slight decrease to 0.00771 in the 08:05:03 and 08:10:03 observations. This deviation is relatively minimal and returns to expected levels almost immediately, thus it cannot be considered as a significant outlier.
In conclusion, in the observed period, the DJF exchange rate shows a minimal level of fluctuation, and no significant outliers were identified. The data shows no significant overall upward or downward trend. However, given the limited timeframe of the dataset, these observations provide only a snapshot of the DJF exchange rate behavior. For more accurate and comprehensive insights, a more extensive data set covering multiple days or weeks would be beneficial.
