2024-05-07 Djibouti Franc News
2024-05-06
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
Overall Trend Analysis
Based on the data provided, the exchange rates moderately fluctuated throughout the entire period. On a general sense, the exchange rates appear to remain fairly stable. From the beginning to the end of the period, the exchange rate initiated at 0.0077, dropped to 0.00767, and then slightly increased to 0.00769. Overall, there doesn't seem to be a significant increase or decrease in the currency exchange rate.
Identifying Seasonality or Recurring Patterns
Time series data can often reveal some level of seasonality or recurring patterns. However, in the provided dataset, none are readily apparent. The currency exchange rate, DJF, seems to experience slight fluctuations rather than showing a clear, consistent pattern of peaks (high points) and troughs (low points) that would indicate a seasonal trend. It's important to note that a more granular breakdown (such as daily or hourly) might be required to discover short-term patterns that aren't immediately evident in this analysis.
Identifying Outliers
In this dataset, no clear outliers or instances where the exchange rate deviates significantly from the expected trend are visible. Interval changes in rates are fairly consistent, remaining in the range of 0.00767 to 0.00769. Thus, the exchange rate behavior in this dataset is reasonably consistent, with no significant unexpected variations that may suggest the occurrences of an unusual event that would heavily impact rates.