2024-05-13 Peso Convertible News

Summary of Last Week

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

After analyzing the time-series data provided for the exchange rates, here are the findings:

1. Trend of Exchange Rates

It appears that the exchange rate of CUC has seen slight fluctuations over the time period. There is a gradual increase until mid-April, where it reaches a peak. From this point, there's a decrease until late April. In the second part of the dataset (May), there is a general trend of increase followed by a slight decrease. It's important to note that the fluctuations are not drastic and the exchange rate remains within a relatively constant range.

2. Seasonality and Recurring Patterns

In terms of seasonality, there does not seem to be a clear pattern based on the data provided. Changes in the exchange rate occur at various different times, suggesting that they may be influenced by a number of different factors. The data doesn't show a clear daily or weekly pattern. However, within the time period analyzed, there appear to be peaks and troughs in the data approximately every two weeks but given the short period of data and no clear cyclical pattern, it's hard to determine a solid recurring pattern or seasonality.

3. Outliers Noted

There doesn't appear to be any significant outliers in the dataset. The exchange rates mostly fluctuate within a reasonable range based on the general trend. However, in the second half of April, there's a noticeable dip which could be considered as a minor outlier, but it reverts back quite quickly to the general trend line.

Note: The analysis above is purely based on the dataset provided and without considering external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports.

over April-May 2024 In the recent reports covering the period of April-May 2024, the CUC exchange rate demonstrated slight volatility with periods of both fluctuations and stability, presenting intriguing patterns for those invested in the market. First starting the month of April at 1.37224, the CUC exchange rate saw an initial upward trend, reaching a peak of 1.38291 on April 16th, just a few days into the period. This rise suggested an optimistic start for the month as investors enjoyed a strong and robust value. However, the following period was marked by a seesaw pattern, and the rates started to plunge towards the end of April, hitting a month''s low at 1.36589 on April 23rd. Post this dip, the markets were mildly erratic, closing April at 1.36681. The commencement of May saw the CUC rates starting at a relatively subdued level of 1.36697, only to experience a gradual upward trend, ultimately escalating to 1.37568 on May 8th. This fluctuation in the exchange rates over the month of April and May conveys a landscape filled with uncertainties but also opportunities for strategic responses. Discerning investors, leveraging these fluctuations, could have profited by strategically timing their buying and selling deals. Understanding these patterns becomes pivotal in this global and interdependent economy. Even slight alterations in CUC exchange rates influence not only the international trade proceedings but also impact inflation, capital flows, and the very balance of the economy. Therefore, it comes as no surprise that stakeholders worldwide keep a keen eye on such fluctuations. While some stability could be observed during certain periods, the CUC exchange rates during these two months presented ample instances of mild volatility, indicating increased risk, but also potential for higher returns for the audacious investor. The patterns observed in CUC rates over this period, however, should not be viewed in isolation. They''re are a part of a broader, more complex economic context, affected by various factors such as international economic trends, geopolitical events, and policy changes. Therefore, a multidimensional understanding of the economic conditions is crucial for accurate projection and strategic decision-making. Investors, analysts, and policymakers are eagerly observing the upcoming trends and forecasts for CUC rates. Market projections, pending policy decisions, and potential geopolitical events could all impact whether the next period will bring stability or continue the trend of mild volatility in the CUC exchange rate. As we move forward, a careful eye on these developments is not only beneficial but essential for any stakeholder in the market.Analysis reveals slight volatility in CUC exchange rate over April-May 2024

Current Middle Market Exchange Rate

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