2024-05-15 Djibouti Franc News
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2024-05-14
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Data Analysis:
First, let's break down this data to understand it better. The given data is a series of timestamps paired with DJF exchange rates, which are spread across multiple hours throughout multiple days. Our goal is to understand the overall trend, identify any recurring patterns, and note significant exceptions.
Overall Trend:
As we look at the given data, there is no significant increase or decrease in the exchange rates over the course of the day. The rate starts at 0.00769 on May 14, 2024, at 00:00:02, and ends up at 0.00768 on May 14, 2024, at 23:55:02. Hence, it appears that overall the exchange rate remains relatively stable throughout this given timeline.
Seasonality and Recurring Patterns:
There doesn't seem to be clear seasonality or recurring patterns within the data. The rate mainly fluctuates between 0.00769 and 0.00767 throughout the day. No specific trend seems to occur at particular times during the day. Though these fluctuations are small and may seem insignificant, it's essential to understand that when dealing with exchange rates, even minute differences can lead to substantial financial impacts.
Outliers:
From the given data set, there don't appear to be any outliers. All the exchange rates range between 0.00769 and 0.00767, so no single data point significantly differs from the rest. The data does not deviate from this very narrow range.
Note that the interpretation described here is strictly based on the given data and does not take into account any external factors such as geopolitical events, market opening/closing hours, weekends/holidays, or the release of key financial news and reports. All these factors could significantly impact the DJF exchange rate trends.
![Remarkable Stability Observed in DJF Exchange Rates Amid Market Volatility](http://currencymart.net/images/news/djibouti-franc/2024-05-15/img-ZsWxDrQX8Msftq8Ap73j0VpA.webp)