Stable BTN Exchange Rates Witness Unprecedented Consistency

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 Analysis

The provided dataset of exchange rates extends over a ~24 hour period from 00:00:02 to 23:55:02, March 12, 2024. During this period, BTN exchange rate fluctuates from a minimum of 0.01626 to a maximum of 0.01634, a slight trend of increase is observed throughout the given period. The increase in exchange rate is minimal and gradual, indicating a fairly stable condition.

Seasonality and Recurring Patterns

As the data is only for one day, drawing any conclusion about seasonality is challenging as this typically requires data over a long duration (weeks, months or seasons). However, within this day, there doesn't seem to be a remarkably discernible pattern or seasonality, except for minor variations that seem to reflect usual exchange rate fluctuations.


Given that the range of exchange rates lie narrowly between 0.01626 to 0.01634, there doesn't appear to be any major outliers present in the dataset. Worth noting that the provided dataset represent values at different times of the same day - fluctuations and values lie within a narrow range, and none of the value seems to be an outlier.

Please note that all of the above analysis is a primary initial observation on given data points and interpretation could be more insightful and accurate if we apply quantitative statistical analysis methods and consider longer period data.

In an unusual occurrence, the BTN exchange rate has demonstrated remarkable stability over an extended time-frame, making for an unusually calm financial landscape. This concurrence was observed through numerous timestamps recording the exchange rate on March 12th, 2024. Starting from the first recorded timestamp at 12 am which showed a rate of 0.0163, the BTN exchange rates have majorly followed a horizontal trend throughout the entire recorded day. Initial observations pointed to a slightly swift decrease from 0.0163 to 0.01627. However, this particular drop was following a maintained steadiness at the rate of 0.01627 for a staggering majority of the day. This pleasing steadiness could be ascribed to multiple factors. In the financial world, stability often signals some underlying confidence within the market. There could be robust financial policies and practices in place, assuring investors and shaping their positive market sentiment. Likewise, global economic indicators and national financial health could also contribute to this financial calm. However, at this stage, pointing out the exact cause is purely speculative without a deeper analysis of the economic climate within this time frame. This incidence of stability, though unusual, is not unheard of. However, it is worth noting that consistent stability for such a long period is exceptional. The market usually experiences more volatility resulting from various economic happenings. Yet, the consistency of the BTN exchange rate showcased an uncommon, but not unwelcomed tranquility in the market. Understanding the impact this stability can possess requires diving deeper into the essence of financial stability. Financial stability can offer numerous benefits, including better investment planning, less erratic market volatility, and ultimately, a more predictable investing environment. This encourages both local and foreign investors to lock in their position without worrying about unexpected fluctuation, which is beneficial especially for long-term investments. On the other hand, the absence of volatility could limit opportunities for speculative and day trading, which rely heavily on price fluctuations to turn a profitable trade. However, this lack can be seen as a positive symbol as this stability reduces the risks associated with sudden market changes, making the market more appealing to cautious investors. Looking forward, it will be intriguing to see how long this stability in the BTN exchange rate lasts and what implications it might have on the financial market. Investors and traders might keep an eye on the upcoming economic reports and other indicators that could affect the BTN exchange rate. This is a story to watch, as stability in such uncertain times could herald a new chapter in the financial market or could simply be the calm before a storm of volatility. Either way, for now, the market appears to be enjoying this rare respite of stability.Stable BTN Exchange Rates Witness Unprecedented Consistency

Current Middle Market Exchange Rate

For information purposes only.