2024-04-29 Guarani News
2024-04-28
Summary of Last Week
- 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
The data provided spans a period from 29th March to 26th April 2024. Looking at the values, there is a clear trend where the exchange rate remains at 0.00018 for the majority of the period until April 10, at which point the exchange rate seems to increase to 0.00019. This elevated exchange rate is maintained for a while, until April 22, when the data suggests a decrease back to the initial 0.00018 level. This level is mainly retained for the remaining observed period.
2. Identifying any seasonality or recurring patterns in the changes of exchange rates
Given the brief nature of the data, it is challenging to accurately identify any recurring patterns or seasonality within the exchange rates. The data doesn't appear to showcase any cyclical or predictable changes that correspond with specific dates or times during the observed period. This could potentially mean that the exchange rate does not exhibit prominent repetitive behaviour in the short term.
3. Noting any outliers
The data does not seem to contain any significant outliers where the exchange rate differs notably from the dominant rates of 0.00018 and 0.00019. The less frequent rate of 0.00019 albeit more infrequent, is not an anomaly as it is sustained for a considerable period. Hence, it does not qualify as an unexpected data point.
Conclusion
The provided PYG exchange rate dataset reveals a mostly stable rate with two primary values - 0.00018 and 0.00019, prevailing over the given period. The change in these two levels occurs only once during the observed range, and the series lacks clear seasonality or recurring patterns. Any fluctuations in the exchange rate do not appear to be significantly abnormal or unexpected. However, this analysis is purely based on observation of given figures and does not take into account any possible external influences or variables.