2024-04-24 Guarani News

Summary of Yesterday

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

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Overall trend of the exchange rates

Analysing the timestamp data against the foreign exchange rates (PYG), it's apparent that the value mostly fluctuates between 0.00019 and 0.00018. There is a general decline around the period 2024-04-23 02:30:02 until 07:40:03, where the rate drops to 0.00018. This value then stabilizes for a considerable period, indicating a downward shift in the exchange rate during this timeframe. The rate then gets back to 0.00019 around 20:05:02 and keeps this level until the end of the provided period.

Seasonality or recurring patterns in the changes of exchange rates

While more data would be needed to make conclusive statements about seasonality, with the dataset provided, there are no immediate indications of cyclical or seasonal patterns. The exchange rates consistently stay around the 0.00019 and 0.00018 mark with a very low level of volatility. The downward shift around 02:30:02 and the climb back up around 20:05:02 are noteworthy events but do not necessarily imply a recurring pattern. More data running across multiple days would be needed to confirm or deny this potential pattern.

Identification of Outliers

Given the small range of variability, i.e., between 0.00019 and 0.00018, there are no noticeable outliers within the provided dataset. All recorded exchange rates huddle close to the mean, indicating consistently low volatility during this specific time period.

Additional Notes

While this dataset does not explicitly indicate any specific events or show the effects of the opening/closing of markets or the release of key financial news reports (as these factors have been disregarded in this analysis), the analysis does suggest a fairly stable market for the PYG currency during the period shown. It further stresses the importance of looking at more data over a longer period to understand cyclical patterns better and locate potential outliers more decisively.

s in 24-hour Window Steady, but not stagnant—that''s the best way to describe Paraguayan Guaraní (PYG) exchange rates over a 24-hour span on April 23, 2024. A minute-by-minute analysis of the time-series data reveals a series of slight oscillations between a stable 0.00019 and 0.00018 exchanges rates. It''s a tale of microscopic fluctuations in the larger context of market stability, a story fit for the backdrop of a thoughtful investor''s playbook. Starting at midnight on April 23rd, 2024, the PYG sat comfortably at an exchange rate of 0.00019. For the first half of the day, it maintained this baseline with mechanical precision. However, a subtle shift occurred at around 02:30 am, as the currency stumbled to a slightly lower exchange rate of 0.00018. The oscillations between these rates became a common theme throughout the day, with the currency dipping at short intervals before course-correcting to its baseline. While the variations might seem minute to the casual bystander, keen investors recognize both a signal amidst the noise and an opportunity in the slight murmurings of the currency exchange rate. The undulations between the 0.00018 and 0.00019 benchmarks sketch a vivid picture—the elasticity of the PYG in response to an assortment of market stimuli. So why is this significant? The subtle shift suggests investor sentiment and market adjustments impacting the microeconomic spheres, creating short but identifiable patterns. For those with a watchful eye, patterns translate to insights and insights to profit-oriented decisions. However, the key takeaway goes beyond the potential profit—the greater narrative is one of resilience in the national economy. Despite the ebbs and flows of the global economic tides, the PYG demonstrates a robust steadiness. This is indicative of the strong fiscal policy, stringent monetary control, and proactive market management, positioning Paraguay''s economy as a stable player in the region. On a broader spectrum, this relative stability might signify diminished foreign exchange risks for international investors eying Paraguay. It also signals a promising outlook for local businesses dealing with foreign goods and services, suggesting a low-probability of radical shifts that could affect cost projections. Looking ahead, market watchers should remain vigilant of these trivial market pulsations. Shifts, however small, could indicate a future trend or sudden shift in the market, affecting the country''s export-import sector and its standing in the foreign exchange market. Thus, as the PYG sketches its continual dance of fractions, investors, big and small, hold their breath, waiting for the music to change.Steady PYG Exchange Rates Experiences Slight Fluctuations in 24-hour Window

Current Middle Market Exchange Rate

For information purposes only.