2024-05-09 Djibouti Franc News
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2024-05-08
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend Analysis
The overall trend of the exchange rates does not significantly change over time based on the given data. Most of the values seem to be around 0.0077, with very minimal fluctuations, indicating stability in the DJF exchange rates over the period shown. There is an incredibly slight increase in the exchange rate at around the '2024-05-08 06:00:02' timestamp, with the value rising incrementally from 0.0077 to 0.00773. Also, a minor drop in the exchange rate can be noticed at around '2024-05-08 04:50:03' when the rate decreased from 0.00771 to 0.0077. However, these changes are insignificant and don't particularly skew the overall trend of stability.
Recurring Patterns and Seasonality
Based on the provided dataset, it's hard to point out any clear seasonality or recurring patterns in the DJF exchange rate. The data shows an almost constant exchange rate with very few fluctuations. Therefore, no clear seasonal trends can be derived from the existing dataset.
Outliers
Given the stability of the data, determining outliers is challenging as the range of fluctuations is quite minimal. However, the data points at times '2024-05-08 06:25:02' and '2024-05-08 12:25:03' could potentially be considered as outliers. At these points, the exchange rate increased to 0.00772 and 0.00773 respectively, departing from the most common exchange rate of 0.0077. Nonetheless, the overall range of the data is narrow, so these minor elevations might not significantly impact overall analysis.
It is worth noting that given the stable trend of the several readings, these 'outliers' may be within the acceptable range for this particular dataset or could be a result of minor fluctuations in the market.
![Steady Exchange Rates Mark DJF Performance, Minimal Fluctuation Observed in Unforeseen Market Calm](http://currencymart.net/images/news/djibouti-franc/2024-05-09/img-cfE5wYfwQ4ZepTEyQjKUvixB.webp)