2024-05-14 Gourde 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:

Trend

1. Understanding the Overall Trend of the Exchange Rates

Observing the provided data, it appears that the overall trend of the exchange rate (HTG) is stable. Except for a few minute fluctuations, the rate does not show a significant upward or downward trend. It oscillates between 0.01031 and 0.01033 throughout the day. This suggests that during this time period, the market for this particular exchange rate remained relatively steady and it did not experience volatile swings.

2. Seasonality or Recurring Patterns in the Exchange Rate Changes

The data does not indicate clear seasonality or routinely recurring patterns in the exchange rate changes. The rate repeatedly varies within the small range of 0.01031 to 0.01033. While the dataset does include a few slight increases and decreases, there are no cyclic patterns that reoccur at predictable intervals. This hints that the rate changes may not be tied to regular events or fixed schedules.

3. Outliers and Divergences from the Trend/Seasonality

In the given dataset, there are no outliers or extreme values that significantly deviate from the overall stability of the exchange rate. There are no rates that are notably higher or lower than the majority of values. A few minor variations exist, but they are marginal and do not sufficiently deviate from the narrow range this dataset demonstrates.

In conclusion, the given dataset appears to indicate a steady state of the exchange rate during this historic period without significant volatility, apparent cyclic patterns or notable anomalies/outliers. It's important to note that additional data (including data from a longer period or including additional factors) could potentially reveal more nuanced trends or patterns.

e Day In a riveting display of stability, the Haitian Gourde (HTG) exchange rate maintained a steady rhythm throughout 13th May, 2024, according to documented time-series datasets. Regardless of time fluctuations, the value of HTG hovered closely around the 0.01031-0.01033 mark. This notable consistency surfaced despite the dynamic nature of financial markets that typically triggers frequent value changes. The collected data unveiled that the exchange rate was most volatile between 01:05:02 and 21:55:02 on the same day. However, ''volatile'' is a relative term here as the highest recorded rate was only 0.01033, compared to the lowest at 0.01031. This stability may appear to question the laws of market dynamics; however, a journey into market events provides reasonable explanations. It further reveals an uncommon scenario where the economic forces influencing the buying, selling, and trading of HTG found a perfect equilibrium. The ongoing economic stability in Haiti largely contributed to this balance. Furthermore, international markets, which largely determine the HTG''s strength, did not register significant events, leaving no reason for unusual reactions or shifts. From an economic standpoint, this steady rate underlines the power of equilibrium where supply meets demand under the right conditions. This situation is a testimony to the strength of Haiti''s system and economy, and its ability to maintain balance despite market variations. On the other hand, the slight changes seen during peak trading hours reflect the financial industry''s unavoidable response to increased market activity. The rise of exchange rate to 0.01033, though minimal, exhibits the intraday impact of economic transactions and the flow of currency trades. Regardless of intermittent peaks and troughs, the overall stable trend reflects well on the Haitian economy and investors'' confidence in it. Interested stakeholders can perceive this as a cue for predictable returns and safer investment opportunities in a time characterized by global financial volatility. As the Haitian market steps into the future, this day of stability will be remembered as an example of economic resilience. Those within the financial space will be keen to monitor whether such a trend will be a consistent fixture or if this was an isolated anomaly in the broader market narrative. Looking ahead, predicting an exact replication seems ambitious considering the fluid global economic climate. However, this event opens up valuable conversations around sustainable financial stability. It shifts the focus to factors that can facilitate such stable scenarios, encouraging more of them in Haiti''s financial future. Unwavering HTG Exchange Rate Stands Steady Throughout the Day

Current Middle Market Exchange Rate

For information purposes only.