2024-05-17 Nuevo Sol News
2024-05-16
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 the Exchange Rates
The overall trend of the Pen exchange rate for the period provided is showing a slight increase. The rate starts from 0.36807 at the start of the period and reaches 0.36624 at the end of the period. However, these changes are quite small and may be less significant given the length of the period. It's also worth noting periods of temporary declines in the exchange rate, though these are followed by recoveries that bring the rate above its starting level.
Seasonality and Patterns in Exchange Rates
No clear recurring patterns or seasonality is evident in the data provided. There do not appear to be regular intervals at which the exchange rate increases or declines. This indicates that the exchange rate is likely influenced more by market activities and other economic factors, as opposed to inherent seasonality in the currency's value.
Outliers in the Data
Looking at the data, there does not seem to be significant outliers. All the PEN exchange rates given in the time series data are in the moderately narrow range of 0.366 to 0.369. Presumably, notable outliers would be exchange rates that are significantly above or below these values. They would be caused by unexpected shocks to the market or significant news announcements, which are not considered in this analysis.
Additional considerations
It's worth noting that although the analysis didn't consider specific events or external factors like market hours or economic news, these can have a significant impact on exchange rates. For a more complete and accurate understanding of exchange rate movements, these factors should ideally be taken into account.
