2024-05-14 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:



Upon analyzing the data, it is evident that the SVC exchange rate has remained consistent throughout the given dataset. There has been no notable change in the exchange rate, as the SVC remains at 10,000,000 for all timestamps.

Trending Analysis

Considering trend analysis, this dataset shows absolute stability without any discernible trend. The exchange rate has not displayed any form of increasing, decreasing or zig-zag trend at any given timestamp throughout the period covered by the data.

Seasonality and Recurring patterns

As per the data provided, there are no regular fluctuations that indicate any seasonal pattern. Seasonality typically presents as consistent, predictable changes in data at certain times or periods, but the provided data remains static at all timestamps. Therefore no recurring or cyclical pattern can be identified in this dataset.

Outliers Identification

With regard to outliers, the SVC exchange rate data does not exhibit any evident anomalies or outliers. The rate remains fixed at 10,000,000 without any substantial deviations from this value. Therefore, all data points fall in line with the common value, and no outliers are to be identified.

It's important to note that conclusions drawn from the analysis are entirely based on the dataset provided and maintained without any consideration of external factors like market hours, holidays, or the release of key financial news and reports. The above mentioned conclusions strictly adhere to the provided data.


In summary, the data set presents a static SVC exchange rate over the time period in consideration. There is an absence of observable trend, seasonality, recurring patterns and outliers in the dataset.

wavering Consistency A piercing observation of the Salvadoran Colón (SVC) exchange rates reveals an unusual and eye-catching trend in the financial markets. Over a 24 hour period on May 13, 2024, the SVC held an unwavering consistency in exchange rates, demonstrating an unmovable strength seldom witnessed in the world of finance. Predominantly, exchange rates are known to fluctuate due to various economic and political factors. This consistent behavior of the SVC, therefore, warrants an in-depth exploration. The SVC maintained a steady exchange rate of 10,000,000 right from the start of the financial day to the close, achieving what most other currencies aspire - stability. The consistency in the Salvadoran Colón’s (SVC) exchange rates is not just unusual, it''s exceptional, representing an extraordinary feat of financial stability. This phenomenon is significant because it''s an indication of strong economic performance and confidence in the Salvadoran economy. Stable currency rates often suggest low inflation rates and a balanced trade position, which foster economic growth and investor confidence. Nevertheless, a currency''s stability is a double-edged sword. On one hand, it reduces the uncertainty for investors and traders making it an attractive destination for foreign investments. On the other hand, it may limit the country''s ability to respond to economic shocks and limit competitiveness if the rate is not in sync with economic fundamentals. The unwavering constancy of the SVC could be attributed to a strong fiscal policy, effective monetary interventions, or positive investor sentiments. It could also be a result of certain policies implemented by the Central Reserve Bank of El Salvador, which aims at maintaining a stable and competitive exchange rate. While the exact cause remains to be confirmed, the exceptional stability of the SVC undoubtedly sets it apart in the financial landscape. Looking towards the future, the big question is whether or not the SVC can sustain this stability. Maintaining a steady exchange rate is a challenging task that requires a delicate balance of several economic variables. Experts and investors will keenly observe future developments and possible shifts in El Salvador''s exchange rate policy. Economic indicators, political climate, international developments, and investors'' sentiments are among the numerous factors that can affect the exchange rate. Investors should monitor these developing factors while trading in SVC or considering potential investments. In conclusion, this unparalleled consistency in the SVC exchange rates sheds light on the bigger picture of El Salvador''s economic climate. As we keep tabs on the implications of this phenomenon, one thing is certain - the Salvadoran Colón has gripped the financial communities'' interest with its display of unwavering stability.Stability Reigns Supreme as SVC Exchange Rates Retain Unwavering Consistency

Current Middle Market Exchange Rate

For information purposes only.