2024-05-15 Guarani News
![Currency mart logo](../../../images/blog/currency-mart-logo.png)
2024-05-14
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Analysis
Looking at the provided dataset, it's clear that it illustrates time-series financial data. The given unit of data (0.00018) seems to be constant throughout the period, suggesting that there has not been any significant change in the exchange rate. This may indicate a relatively stable currency for the period in question.
Trend
Based on the provided data, the overall trend of the exchange rate appears to be constant, with no significant rise or fall in currency value. The rate of 0.00018 remains stable throughout the timeline provided, which implies a lack of inflation or deflation during this period.
Seasonality
Given the rate remains consistently constant at 0.00018, indicating no fluctuations and hence it is not possible to identify seasonality or recurring patterns in the exchange rate from this specific dataset.
Outliers
Since the currency's exchange rate remains uniformly fixed throughout the timeline, no discernible outliers are present in this dataset. An outlier would typically be represented by a significant deviation from the prevailing rate, which isn't occurring here.
In conclusion, this analysis focused exclusively on the data provided and does not take into account factors external to it. The study reveals a stable trend, no discernible seasonality, and a complete absence of outliers. External factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports may have impacts on the exchange rate, but such considerations weren't part of this analysis as per instructions.
![Unprecedented Stability: Paraguayan Guaraní Reports No Exchange Rate Volatility](http://currencymart.net/images/news/guarani/2024-05-15/img-Sx5K1b97uH7dL6debmZbw1R1.webp)