2024-05-21 Guarani 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:


Overall Trend of Exchange Rates

The data provided spans across multiple timestamps showcasing the changes in the PYG exchange rate. Judging by the data presented, it would appear that the exchange rate has remained at a consistent level of 0.00018 throughout the entire period. This stability suggests that despite the fluctuations and events that may occur in the financial world, the rate in this context has been entirely unmoved.

Seasonality and Recurring Patterns

In terms of seasonality or recurring patterns, it is quite difficult to identify any due to the unchanged exchange rate across the entire dataset. Without variance in the exchange rate values, no discernible pattern or seasonal trend can be identified. Thus, it can be noted that in this dataset there is no presence of any significant Recurring Patterns or reaches a peak or low point at certain times throughout a given time frame.

Notable Outliers

Regarding outliers or deviations from the norm, this concept becomes somewhat irrelevant in the context of this dataset - as the exchange rate is unwavering across all timestamps, there are no outliers in the data. All data points sit at the exchange rate of 0.00018 with no deviations, making all points typical, with no instances being significantly different than would be expected based on an evident trend.

Synthesis of Analysis

To conclude, this dataset demonstrates a remarkable consistency in the PYG exchange rate over the time period detailed. This persistence suggests that the rate is either unaffected by or resilient to the dynamic market movements usually observed in financial markets. The lack of any overt fluctuations also negates the potential for seasonal patterns, recurring shifts or any consequent outliers. This dataset is unique in its unwavering adherence to the rate of 0.00018 across all timestamps.

et Interest In an astonishing display of consistency, the Paraguayan Guarani (PYG) exchange rate has remained steadfastly stable for an extended period, sparking curiosity and interest in the market. The financial world has forever been marked by fluctuating exchange rates, witnessing currencies rise and fall in value almost daily. This stability in the PYG exchange rate is a rare phenomenon like a calm sea in a tempestuous storm. The data, obtained over a significant duration, indicated that the rate has held steady at 0.00018 consistently. In a time where instability and uncertainty have become a norm in financial forecasts, this level of consistency is unusual, bringing a sense of intrigue to market watchers and potentially enticing cautious investors to view PYG as a potential stabilizing asset for their portfolios. In a market that is so often dictated by speculation and investor sentiment, a steady exchange rate such as this can be a beacon of stability in an otherwise turbulent environment. It opens up an interesting narrative for investors who are constantly on the hunt for safe investment vessels to secure their wealth amidst the frequent unpredictability of the financial markets. While it''s indeed tempting to jump on this seemingly iron-clad stability, market analysts advise investors to be mindful of the bigger economic picture. The stability in exchange rate may signify a variety of things such as robust economic performance, precise monetary policies, or strong investor confidence However, it could also signify a lack of meaningful economic activities or a strict, possibly unsustainable regulatory control. Thus, it is essential to explore the root cause of this stability and assess its sustainability. Paraguay''s economic resilience in the past has often been overlooked due to its larger and more flamboyant South American neighbours. However, this resilience has fostered a sense of relative stability in its financial markets. Its strategized approach towards monetary policies that aim to maintain a stable inflation rate, significant foreign reserves that safeguard the country from external shocks, and the implementation of pragmatic export policies all contribute to the country''s impressive economic resilience. What does the future hold for PYG? The answer to that question is uncertain. It, however, offers a potentially promising avenue for investors willing to delve deeper into this overlooked South American economy. Rest assured, the remarkable stability of the PYG exchange rate has placed it firmly on the radar of savvy investors and market watchers. Going forward, it would be notable to watch how Paraguay''s economy continues to evolve and whether or not it continues to maintain the stability of its exchange rate. In an environment rife with fluctuations, a constant like this is indeed a novelty worth exploring further. The story of PYG is a testament to the fact that sometimes, consistency can indeed stir up intrigue in an otherwise volatile realm of exchange rates.Unprecedented Stability in PYG Exchange Rate Sparks Market Interest

Current Middle Market Exchange Rate

For information purposes only.