2024-05-16 Guinea Franc News
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2024-05-15
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend of Exchange Rates
Upon analysis of the provided dataset, it is glaringly evident that the exchange rates remain consistently stable over the entire period. The time series data indicate a constant value of 0.00016 for the exchange rate throughout the observed time frame which spans multiple timestamps.
Seasonality and Recurring Patterns
In terms of seasonality or recurring patterns, the time series data provided does not indicate any clear patterns. The exchange rate value appears invariable, rendering it difficult to establish or discern any seasonal or recurring trend in the dataset. The constant nature of the data does not present an opportunity for the detection of any pattern or seasonality.
Identification of Outliers
Given the nature of the data, as the exchange rate maintains a constant value throughout, there are no detectable anomalies or outliers present. Outlier detection typically involves identifying instances where data varies significantly from the established norm or trend. In this case, as there are no fluctuations in the exchange rates, no such distinctions can be flagged as outliers.
Please note, this analysis does not consider any external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports. Also, no forecasts for future rates have been generated as per your guidelines.
![Steady Stability: Unchanged Exchange Rate Showcases Fortitude in Volatile Market](http://currencymart.net/images/news/guinea-franc/2024-05-16/img-ZU2mrKJ5telVZmQyvNQwkhVC.webp)