2024-05-22 Djibouti Franc News
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2024-05-21
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Analysis of DJF Exchange Rates from the Provided Dataset
The given dataset provides a series of Djibouti Franc (DJF) exchange rates over a specific period. Each row provides a timestamp and the corresponding exchange rate at that time. Here is a step-by-step analysis of the given data:
1. Overall Trend
The overall trend of the DJF exchange rates in this dataset seems to be fairly stable. The data starts at a consistent rate of 0.00765 and maintains this level for a substantial period. Later on, we see minor fluctuations in the exchange rate starting from 7:35 a.m., where the rate goes to 0.00766, peaking at 0.00768 around midday (12:25 p.m). The rate then plateaus again to 0.00768 for several hours before falling back to the base rate of 0.00765 towards the end of the day (after 8 p.m.).
2. Seasonality or Recurring Patterns
Due to the short duration of the dataset (covering just a 24-hour period), it is difficult to make robust statements about seasonality or recurring daily patterns. However, a minor increase in the exchange rates could be observed in the daytime, specifically around the noon. The rates then return to stability during the evening. For a more definite understanding of recurring patterns, a dataset covering multiple days or weeks would be helpful.
3. Outliers
In the given dataset, there doesn't seem to be any significant outliers or instances where the exchange rate deviates substantially from the trend. The highest and lowest rates observed are 0.00768 and 0.00765, respectively, which suggests very minimal variation throughout the day. Thus, no outlier detection was necessary for this period.
This conclusion relies on the assumption that the data provided is entire and there are no missing periods or rates. Gathering more comprehensive data over a longer period would ensure the reliability of these conclusions.
![Stable DJF Rates Experience Slight Rise as Trading Day Nears Close](http://currencymart.net/images/news/djibouti-franc/2024-05-22/img-24dXaPCKq7B9VyHZQTrgu9sG.webp)