2024-05-03 Guernsey Pound News

Summary of Yesterday

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

Statistical Measures

  • Mean:
  • Standard Deviation:


Overall Trend

The overall trend of the dataset shows a slight decline in exchange rates over the time period provided. The rates started at 1.70938 and ended at 1.70225. The peak value within the data set is 1.70981 and the lowest is 1.70138. Overall the decrease is not drastic but subtle.

Seasonality and Recurring Patterns

Upon reviewing the data, there are no clear seasonal patterns or frequently recurring patterns. This is typical for financial variables such as exchange rates, which can be influenced by a myriad of factors including market volatility and macroeconomic indicators that might not have clear or uniform periodicities.


This dataset doesn't seem to have any significant outlier as the range between the highest and lowest rates is just 0.00843, which is quite small. All changes are minor, without any occurrences of unanticipated or significant leaps.

Although comprehensive and more detailed analysis can require additional techniques and tools such as time-series decomposition, autocorrelation or advanced statistical model, the brief analysis above provides initial insights about the dataset.

out The Day In what might be seen as a day of small, yet significant fluctuations, the exchange rate of the GGP underwent constant change as revealed by the updated time-series dataset. In the early hours of the day, the rate of the GGP remained relatively stable around 1.71. This, however, was subject to alteration as time progressed. Over the course of the day, the currency faced continuous fluctuations in its exchange rate. Starting from midnight, the rate of GGP remained relatively constant around 1.71 in the first quarter of the day. As we headed towards midmorning, the exchange rate showed a downward trend, falling to as low as 1.70 towards the late hour of the morning. The situation didn''t differ much in the afternoon. Despite minor ups and downs, the exchange rate of GGP took a significant stride downwards during the mid-afternoon phase. By the end of the afternoon, the rate ended on a low note of 1.701. The evening didn''t offer much relief either. GGP''s exchange rate failed to reclaim its lost ground. However, the fall in the rates stabilized a bit as the rate hovered around 1.702. The exchange rate saw a minor upswing towards late evening but eventually, it settled around the price with which it started the evening. Analyzing the data received throughout the day, one can see the market''s volatility and its effect on the GGP currency. The exchange rate remained largely under stress due to the unpredictable nature of the market. Investors and traders are thus, advised to tread carefully while investing in the GGP. The currency''s performance left traders and investors in anticipation of some steady figures. Despite the turbulence, experts maintain an optimistic outlook for the GGP. It is expected that the GGP might show signs of recovery as the market evolves. However, investors and traders must keep a prudent eye on the market and its trends. Future performances of GGP will largely depend on the overall stability of the market. Although the GGP ran a rough patch today, there is hope for the future. With the right strategies and a careful watch on market trends, the GGP can offer profitable returns to investors. Market enthusiasts are advised to look out for potential opportunities that might arise from such episodes of fluctuations. As the saying in financial circles goes - with high risk comes high reward.Significant Fluctuations Mark GGP

Current Middle Market Exchange Rate

For information purposes only.