2024-05-13 Peso Convertible News
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2024-05-12
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.
![Analysis reveals slight volatility in CUC exchange rate over April-May 2024](http://currencymart.net/images/news/peso-convertible/2024-05-13/img-guGFIJ2i7BlZoFW3VEOOeAvT.webp)