2024-04-24 Djibouti Franc News
2024-04-23
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
General Observations
From the data provided, the exchange rates follow an overall steady trend with small fluctuations. The DJF exchange rate stays relatively stable in the range from around 0.0077 to 0.00771 over the series. The maximum value in the given dataset is 0.00771 and the minimum value is 0.00768, indicating a very low volatility.
Overall Trend
Generally, the exchange rate tends to remain remarkably constant with a few minor exceptions. There is a noticeable increase from 0.0077 to 0.00771 that occurs between 04:05:01 and 06:15:02, then it stabilizes again at 0.00771. The exchange rate then decreases to 0.00768 at 09:05:02, fluctuates between 0.00768-0.00769 till 20:05:02 and then increases again to 0.00771.
Seasonality and Recurring Patterns
If we look at the timestamps more closely, it seems no specific recurring patterns based on time of day or any clear seasonality can be observed from the given dataset. We noticed that despite minute fluctuations, the change remains relatively stable throughout.
Outliers
Within the given timeframe, the value of 0.00768 could be considered as an outlier as most of the rates are between 0.0077 and 0.00771. The occurrence of 0.00768 is relatively rare and below the general range. This dip in the rate may signify an event in the market (though it's noted we're not considering specific events in this analysis).
Please note, more thorough analysis would usually require consideration of external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports. Such context often plays significant roles in affecting the exchange rates. But currently, based on the request, we are looking solely on the available dataset to understand the trends.