2024-05-07 Peso Convertible News
2024-05-06
Summary of Last Month
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Overall Trend of Exchange Rates
Based on the provided data, the CUC exchange rate shows a slight decreasing trend from 1.36875 at the start to 1.36796 towards the end of the observed period. This indicates that over the period, the exchange rate has generally decreased. However, it's important to note that the reduction was minimal and the rates mostly remained in the range of 1.36 to 1.37.
2. Seasonality and Recurring Patterns
Identifying seasonality or recurring patterns in a time-series data like this one would require a more in-depth analysis, which could include methods such as Autoregressive Integrated Moving Average (ARIMA) models, or decomposition of the time-series into trend, seasonality, and residuals. However, upon visual scan of the exchange rates, we would notice some level of volatility but no clear, consistent pattern that could indicate a seasonal or recurring trend.
3. Outliers and Significant Variance in Exchange Rates
Based on the raw data given, there don't seem to be any significant outliers or instances where the exchange rate differs considerably from what would be expected based on the overall trend. All values lie relatively close to each other within a small range. Any significant variance or abrupt jumps could indicate events outside the norm but would require further analysis to confirm.
Please note, the above analysis was done narratively based on the raw data. The full benefits of time series analysis come from statistical testing and graphical representations, which are not included in this response.
