2024-04-19 Djibouti Franc News
2024-04-18
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Understanding the Overall Trend of Exchange Rates
Firstly, when examining the overall trend in this time-series data, we can observe that the DJF exchange rates exhibit some variations. However, for the most part, the rates remain relatively stable. The values range between 0.00771 and 0.00775, illustrating minute fluctuations throughout the period provided. Despite this range, there doesn't appear to be a strong increasing or decreasing trend for exchange rates over the analyzed timeframe.
Identifying Seasonality in Exchange Rates
As your requirements stipulate that external influences such as market operations and international events should not be considered, discerning any seasonality or recurring patterns within these exchange rates becomes a bit more challenging. Without accounting for these macro environment factors, this time-series data does not show a visible repetitive or seasonal pattern. The exchange rates seem to have minor shifts at irregular periods and not follow a clear seasonal trend.
Noting Significant Outliers
Across the dataset, there are no glaring anomalies or outliers visible. All exchange rates fall within the narrow band previously indicated. With that said, there are instances where the rates drop to the lower end of this spectrum (0.00771) and times when they peak at the higher end (0.00775). While these instances can be considered mild outliers within the context of the data, they do not signify significant deviations from the expected range based on the existing trend.
Conclusion
In conclusion, although the DJF exchange rates undergo minor fluctuations within a specific range, they do not exhibit a robust upward or downward trend in the stipulated duration. Similarly, a clear pattern or seasonality is absent in the data—taking into consideration the set constraints of excluding external influences. Finally, no severe outliers were observed that deviate significantly from the anticipated exchange rates, based on the identified trend.