2024-05-21 Djibouti Franc News
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2024-05-20
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
Inspecting the provided timestamp data, it appears that the exchange rate (DJF) has a fairly stable situation up until 06:20:02 on 2024-05-20 where the value decreases to 0.00765. From there, the dataset experiences minor fluctuations but generally remains consistent until 13:10:03 on the same day where it increases to 0.00767. The value peaks here and returns to 0.00765 from 19:05:03. After that and for the remainder of the given dataset, the values fluctuate between these two peak points with more time spent at the 0.00765 value indicating a stable trend with minor periodic fluctuations.
Seasonality or Recurring Patterns
While the dataset does follow a generally stable trend, there are clear patterns of minor fluctuations that occur at specific points in time. The notable periods include an initial drop in the rate from 0.00767 to 0.00764 at 06:25:02 and the subsequent recovery to its original peak at 08:15:02 on the same day. Besides this, the data also sees another very similar drop in value at 19:05:03 and regains its peak within relatively the same time frame as seen earlier in the dataset. This implies a recurring pattern centering around these timestamp zones within the dataset.
Outliers and Significant Deviations
As the exchange rates fluctuate very little and remain within a very small range of 0.00763 to 0.00767, identifying distinct outliers becomes a challenge. However, there is a slight decrease at 09:10:03 where the value drops to its lowest at 0.00763 which stands out among the neighboring values. These small changes are significant in terms of exchange rates and therefore this drop is noted as a significant deviation within the dataset.
![Resilience of DJF Exchange Rates Amid Fluctuations](http://currencymart.net/images/news/djibouti-franc/2024-05-21/img-xJtEf5bjI3Ei16PcKZq9VA7R.webp)