2024-04-26 Pataca 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 data shows a general decrease in the exchange rate (MOP) over the given time period. The exchange rate starts at 0.16991 at the first timestamp, peaks briefly at 0.17036, and then gradually decreases, reaching a low of 0.16945 by the end of the timeframe. Therefore, we observe a downward trend indicating the depreciation of the exchange rate throughout the given period.

Seasonality and Recurring Pattern Analysis

Regarding the seasonality or recurring patterns, it is difficult to determine from the given data due to the short duration covered (approximately one day) and the high frequency of the data (every few minutes). For a proper understanding of seasonality, longer time series data is usually needed. However, the data seems to be fairly consistent, with small fluctuations throughout the day. That said, no distinctive recurring pattern is observed in the given timeframe.

Outlier Analysis

Throughout the dataset, we observe small gradual variations in the exchange rate rather than any significant jumps or dips. Hence, no significant outliers are identified. All points appear to align fairly well with the overall trend of the data, with no instances where the exchange rate differs significantly from the trend. Ultimately, the data exhibits strong consistency in its temporal progression.

Closing Remarks

This analysis provides an overview of the given exchange rate data, depicting the overall trend, recurring patterns (if any), and any outliers. A full-fledged statistical study and modeling would be required for more advanced and detailed insights. Also, several other external factors such as market opening/closing hours, weekends/holidays, and release of key financial news and reports can impact the exchange rate making the analysis more complex.

arket Evidences In an unexpected development, Macau Pataca (MOP) exchange rate presented an unpredictable fluctuating trend throughout the day of April 25, 2024. Displaying a rollercoaster behaviour, the uniqueness of this event has caught the eye of market analysts worldwide. Commencing at 12:00:02, 25th April, the MOP exchange rate marked 0.16991, experiencing subtle ups and downs throughout the day. The changes might seem minute; however, even the smallest fluctuation can put a significant dent in financial transactions, particularly those involving substantial sums of money. As we dove into the data, the exchange rate heightened slightly to 0.17036 around 8:40 AM before decreasing to the day''s lowest at 0.16942 by 2:30 PM. An interesting rise to 0.17035 was visible at 8:15 AM, before gradually declining, adding more mystery to the capricious behavior of MOP exchange rates. These fluctuations are indicative of the constant shifts taking place within the world economy on a micro-level. The reasons behind such variations can be complex - from changes in interest rates and inflation to economic performance and geopolitical stability. Every aspect plays a crucial role in shaping how currencies perform against each other on the exchange market. On the surface, the fluctuation of MOP might be baffling. However, a market expert can decipher that these are signs of an active market, robust trading activity, and the interplay of demand and supply forces. In this context, the rise and fall of exchange rates are far from being chaotic; they are governed by rational decisions of market participants under ever-changing economic dynamics. Understanding this is valuable for both individual investors and businesses. Trades and investments can capitalize on these variations if they possess the ability to predict or react quickly to such changes. While business entities dealing with foreign transactions need to keep an eye out for such fluctuations to avoid any potential loss and maintain their profitability. As we look ahead, market players need to brace themselves for potential subsequent fluctuations in the exchange rates. While the data analysis clearly exhibits the unpredictable nature of the MOP exchange rates, the complexity offers opportunities to those who can accurately predict these shifts. Keeping track of financial market news, global events that could impact the economy, and changes in the economic policy of the nation can also provide valuable insights about potential fluctuations. Furthermore, investors and businesses need to remember that, no matter how unpredictable the market may seem, it is always voicing a message. The trick is to listen carefully and make well-informed decisions. Therefore, the day of April 25, 2024, serves as a microcosm of the ever-fluctuating and intriguing world of financial markets and exchange rates. The places where the unforeseeable unfolds the vestiges of unseen market evidences.rprising MOP Exchange Rate Fluctuations Unveils Unseen Market Evidences

In an unexpected development, Macau Pataca (MOP) exchange rate presented an unpredictable fluctuating trend throughout the day of April 25, 2024. Displaying a rollercoaster behaviour, the uniqueness of this event has caught the eye of market analysts worldwide.

Commencing at 12:00:02, 25th April, the MOP exchange rate marked 0.16991, experiencing subtle ups and downs throughout the day. The changes might seem minute; however, even the smallest fluctuation can put a significant dent in financial transactions, particularly those involving substantial sums of money. 

As we dove into the data, the exchange rate heightened slightly to 0.17036 around 8:40 AM before decreasing to the day

Current Middle Market Exchange Rate

For information purposes only.