2024-04-30 Djibouti Franc News
2024-04-29
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
Overview of Exchange Rates
The provided dataset shows the exchange rates for DJF over a single day on April 29, 2024. The exchange rate stayed stable at 0.00765 for the first one hour and five minutes. Then, it slightly increased to about 0.00766 and remained constant for around two hours. Again the value increased slightly and reached 0.00767 maintaining this value for approximately 4 hours. The highest value reached was 0.00769 and the value came back down to 0.00768 at the close of the day.
Recurring Patterns in Exchange Rates
From this single day observation, it can be seen that the exchange rate increases slightly after certain intervals. More data would be needed to identify if this pattern repeats over multiple days or if it's unique to this specific day. However, within this day, the general pattern seems to be a slow and steady increase in the exchange rate from around midnight to past midday.
Identification of Outliers
Given the consistent increases and the small range of exchange rate values, there does not appear to be any significant outliers in the data where the exchange rate differs drastically from what is expected. This is based on the assumption that any increases or decreases in rates are slight and gradual, which holds true for this dataset.
External Factors
Per your instruction, this analysis does not consider any specific events or external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports. If these factors need to be accounted for in the future or if the data span a longer time period, the analysis may change accordingly.
Forecasting Future Rates
As per your instruction, I have not generated any forecast for future rates. If, in the future, a forecast or prediction is desired, we will need a larger dataset that covers a wider time span. This would allow for a more effective trend analysis and accurate predictions.