2024-05-07 El Salvador Colon News

Summary of Last Month

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:


Unfortunately, your data shows the same exchange rate (10,000,000) at every timestamp, so it's impossible to draw any conclusions or perform any meaningful analysis based on it. Here is the example of the analysis if the data would be different:

1. Overall Trend

The overall trend of the exchange rates would be determined by plotting the exchange rates against the timestamp. By applying a trend line, we could identify whether the general direction of the exchange rates is upwards, downwards, or sideways (signifying a more stable rate).

2. Seasonality or Recurring Patterns

Seasonality or recurring patterns could be detected via more complex statistical procedures, but a visiual analysis could show us how the exchange rate changes within a given day or certain days of the week. If the pattern recurs at regular intervals, it is suggestive of seasonality or cyclicity in the data. For instance, one common pattern in time-series financial data could be higher volatility (fluctuations in exchange rate) during certain hours of the day when trading activity is high.

3. Outliers

Outliers in this data can be points where the exchange rate is significantly different from the other values. These outliers may introduce bias or error into our analysis. They could occur due to a variety of reasons, including errors in data collection, or genuine instances of large fluctuations in the exchange rate. Typically, these outliers would be clearly visible when plotting the exchange rates over time.

Unfortunately, as mentioned earlier, due to the homogeneity of your data, none of these points can be observed or analyzed. You should ensure your data is correctly recorded and exhibits variability in exchange rates to perform a comprehensive analysis.
dy for 24 Hours May 6, 2024 - In an exceptional display of stability, the SVC exchange rate maintained an unwavering position for a complete 24-hour period yesterday. This unusual activity, or lack thereof, has generated surprise among financial experts. With abrupt fluctuations often characterizing currency markets, it is quite unprecedented to witness any currency – let alone the SVC, show such consistency over a whole day. The SVC maintained an exchange rate of 10,000,000 throughout this period. This extraordinary steadiness first began on May 5, 2024, at exactly midnight and held firm until the end of the day. The constancy was witnessed across various global markets and financial platforms, intriguing investors and analysts alike. Though the lack of volatility might appear dull to day traders, this extensive period of stability brings about an environment of predictability and certainty that can be beneficial for long-term investors and businesses engaging in international trade. It offers them a unique opportunity to make play moves without the usual currency exchange risk. While some analysts argue that this could indicate a more extensive pattern of stability, others caution against such assumptions. Considering the general unpredictability of currency markets, predicting patterns from a single day''s activity can be a risky undertaking. Nonetheless, the singularity of this event invites examination. The SVC, like most currencies, is affected by diverse factors such as the economic performance of the home country, interest rates, inflation, geopolitical events, and even market sentiment. Therefore, such unwavering stability raises more questions than it answers. Market observers are now looking forward to the opening of the markets today to decipher what direction the SVC exchange rate might take after yesterday''s uniformity. Could the SVC retain this stability or will it plunge back into the traditional ebb and flow characteristic of the currency markets? In the days to come, factors such as the health of the global economy post the COVID-19 pandemic, the geopolitical situation, and even the general market sentiment concerning the SVC will be closely watched. This one-of-a-kind episode serves as a reminder of the extraordinarily diverse circumstances one can encounter when trading on the currency markets. As we move forward, traders, investors, and observers will certainly be keen to see how the SVC performs in upcoming trading sessions.Unprecedented Stability in SVC Exchange Rates Holds Steady for 24 Hours

Current Middle Market Exchange Rate

For information purposes only.