2024-04-17 Djibouti Franc News
2024-04-16
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overview of Exchange Rate Trend
Primarily, the data indicates the DJF exchange rate has been relatively stable throughout the period under review. The rate started at a value of 0.00772 and underwent insignificant fluctuations remaining around that figure for most of the period. Notably, there was a mild increase that occurred around the timestamp 2024-04-16 06:25:02, where the exchange rate value rose to around 0.00775, then it further increased to a peak at 0.00778 and then slight decrease to 0.00776 going towards the end of the series. Therefore, the overall trend can be viewed as relatively stable with some minor fluctuations.
Seasonality and Recurring Patterns
Seasonality or any recurring anomalies do not appear to be significant in the provided dataset. However, one might note the subtle increase period starting from 2024-04-16 01:35:02 with a rate of 0.00773 to 2024-04-16 08:05:03, when reached the peak at about 0.00778. Similarly, there might be a slight decrease season that starts around 2024-04-16 20:05:03, going down to about 0.00776 towards the end. These trends indeed indicate some minor recurring pattern, but a more detailed or larger timeseries data will help establish a definitive pattern.
Outliers in the Data
In the case of outliers, the data provided does not show any significant instance where the exchange rate varies significantly from an average rate. That being said, the slight increases and decreases mentioned in the previous sections could be considered as minor deviations, given that for most of the time series, the exchange rate remained quite stable around 0.00772 - 0.00778.
All of the above interpretation of the time series data does not involve any external factors such as the consideration of the timing of markets' open or close, weekends, and public holidays, or any significant financial news during those periods.
