2024-04-23 Peso Uruguayo News

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

Understanding the overall trend of the exchange rates.

Upon analyzing the provided time series data for the period it covers, it is observable that the exchange rate starts at 0.03578 and ends at 0.03559. This suggests a small decrease in the exchange rate over this period.

Identifying any seasonality or recurring patterns in the changes of exchange rates.

The data provides a snapshot every five minutes, offering a detailed insight into the exchange rate behavior. However, it does not indicate a clear pattern or seasonality in these short intervals. The exchange rate seems to generally be fluctuating in a relatively tight range. Any trends or patterns might be more visible if the data were aggregated on a daily or weekly level.

Noting any outliers or instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality.

Looking at the raw data, no significant outliers or unusual values are immediately apparent. All values fall within a very narrow range and there are no sudden or extreme fluctuations that would suggest an outlier. The biggest change observed is around the timestamp "2024-04-22 06:25:02" when the exchange rate dropped from 0.03576 to 0.03559. While still a relatively small change, this is the most significant single-step change noted in the dataset.

Reflection and conclusion.

This analysis was based purely on the raw data provided, and did not take into consideration any external market factors or events that might have an influence on exchange rate trends. Based on this analysis, the exchange rate over the examined period could be described as showing a small decline, with the data showing no clear patterns or seasonality, and few instances of significant change in the exchange rate.

hours period The Uruguay Peso (UYU) experienced slight alterations in its exchange rate over the past 24 hours, a peek into the world of financial markets. The rate circumspectly whirled from highs of 0.0358 to lows of 0.0355 over the period. The information gathered from the steady coronary flow of data reveals a smidgen of the story of navigating the ocean of finance in four- to five-minute intervals. Starting at the starting hour of the day, the UYU exchange rate hovered at 0.03578 before progressing to the highest point of the day by a hairsbreadth at 0.0358 around 02:40:02. However, in an unparalleled market twist, the figures gradually dipped, recording a low rate of 0.0355 during the 13:35 hour, shedding light on the unpredictability of financial markets. While such slight changes may seem negligible, they entail massive financial impacts at play in the global economic machine. Particularly for large currency traders, such minor fluctuations have substantial potential for profit or loss, highlighting the remnants of the day''s offering and the future prospects encapsulated in the given time frame. As great as it is intricate, the world of finance ever unveils its unpredictable nature. Regardless of slight market fluctuations, it''s all a learning curve for market players, with insights enabling accurate market predictions and informed trading moves. A seemingly monotonous string of numbers spirals into an active wildfire of impactful bodies, business decisions, and national fiscal policies. With this period''s fluctuations, the impact directly echoes to investors, particularly those vested in the UYU. For the savvy investor, these shifts offer a unique window of opportunity to strategize investments, analyzing when to buy or sell to reaps substantial returns. Despite the moderately sluggish day, the UYU displayed eventual stability to end the day at 0.03559, a marginally slashed rate from the starting value. This performance illuminates the integral volatile nature of financial markets. This seemingly calm waters day at the Uruguay peso''s market prompts investors and market spectators to remain vigilant. While the variances were almost negligible, the ever-dynamic nature of financial markets necessitates preparedness for significant swings in either direction. The current market performance provides a glimpse into the future of the UYU forex market. Market players should keep an eye on upcoming financial announcements and global events, as these potentially stir the previously still waters of the UYU. The great economic puzzle continues, culminating in the ceaseless thrilling ride of the financial market journey.  Modest Fluctuation in UYU Exchange Rate Sections off 24 hours period

Current Middle Market Exchange Rate

For information purposes only.