2024-04-26 New Taiwan Dollar News

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 Analysis

The overall trend throughout the dataset appears to be slightly downward. The TWD exchange rate starts from approximately 0.04201 and ends near 0.04191. However, fluctuations throughout the dataset are minimal, and the rate remains relatively stable around this range.

Seasonality and Recurring Patterns

It's challenging to identify any clear seasonality or recurring patterns in the dataset without examining the corresponding dates and considering external factors. However, the data seems to show minor fluctuations consistent with daily foreign exchange market volatility.

Outliers and Notable Instances

Despite the lack of significant swings in the rate, there are few minor dips around certain points in time. For example, the change from 0.04197 to 0.04193 appears to be a notable dip relative to the rest of the data. However, these outliers do not cause a significant deviation from the overall trend.

Please remember that a more in-depth and accurate analysis would take into account additional factors such as market opening/closing hours, weekends/holidays, and the release of key financial news or reports.

t Minor Fluctuations The TWD exchange rate demonstrated notable stability, despite minor fluctuations observed throughout Thursday, April 25, 2024, according to recent time-series data analysis. Commencing in the early hours of April 25 at 00:00:02, the Taiwanese Dollar (TWD) recorded an exchange rate of 0.04201. This rate showed minor decreases and rises in the fractions over subsequent timestamps but remained relatively static throughout the day. The remaining hours until 18:20:02 saw a marginal downtrend, with the rate dropping to 0.04197. Moving forward, the rate continued to fluctuate minutely, highlighting the stability of TWD through the course of the day. By 21:15:02, the currency showcased its resilience by climbing back to 0.04196, eventually settling at 0.04191 by the end of the day at 23:55:02. This analysis indicates the robustness of the TWD, maintaining almost the same exchange rate throughout the day, despite several fluctuations. The steadiness of the currency suggests a strong financial market and encouraging economic indicators for Taiwan, with minimal volatility that could be either a boon for traders looking for a safe harbor or a hindrance for those seeking more substantial profit margins. The significance of the observed stability pertains not only to local markets but also to international market dynamics and Taiwan''s positioning within global trade. With minimal fluctuation, one can argue that external shocks or international developments are less likely to severely impact the TWD, marking it as a safe and steady investment opportunity and a reliable exchange currency. Looking ahead, eyes will remain on the TWD, not just for the insight it provides into Taiwan''s economic stability, but also for indications of changing global finance trends. Continued stability could demonstrate international market confidence in the face of potential geopolitical disturbances. Consequently, the attention shifts towards whether the TWD will maintain this stability in the future or if certain factors might instigate fluctuations. Investors and stakeholders should keep a vigilant eye on future TWD time-series data trends and potential influencing factors, given the currency’s current steady behavior. The exchange rate stability speaks volumes about the country''s strong economic health; however, it also implies the need for close monitoring and prudent investment decisions. In conclusion, while the current stability showcases the TWD''s resilience and strength, the role of broader economic and geopolitical factors should not be underplayed, and these factors will continue to be key determinants for future exchange rate developments. Therefore, continued observation and analysis of these rates remain essential as potential market shifts loom on the horizon.Continued Stability Observed in TWD Exchange Rates Amidst Minor Fluctuations

Current Middle Market Exchange Rate

For information purposes only.