2024-04-23 Guinea Franc News
2024-04-22
Summary of Last Month
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Analysis of the Given Dataset
Upon analyzing the data provided, it quickly becomes apparent that there is an extremely stable trend in the exchange rates.
1. Overall Trend of Exchange Rates
The exchange rate value for GNF is consistent at 0.00016 throughout the given period. Consequently, there is no noticeable increase or decrease over the specified timeframe. Given this, we can say that the exchange rate is stable without any significant fluctuations.
2. Seasonality or Recurring Patterns
Since the exchange rate is consistently at 0.00016 and does not vary, it is not possible to identify any clear seasonal or recurring patterns in this dataset. However, generally, in financial data of this nature, one might look for patterns based on factors such as opening/closing of markets, special events, or changes in economic policy. Still, these factors don't seem to have any significant impact on this particular dataset.
3. Outliers in the Data
In this dataset, there are no instances where the exchange rate deviates from the 0.00016 value. As such, we can conclude that there are no outliers in this dataset based on the values provided. Any significant deviation from this consistent value of 0.00016 would be considered an outlier, but there is no such value present here.
Overall, this dataset shows a very consistent and stable set of exchange rates without any discernible fluctuations, seasonal patterns, or outliers.