2024-05-07 Peso Uruguayo 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
Data Analysis
Looking at the data, the UYU exchange rate provided from 2024-05-06 00:00:02 to 2024-05-06 23:55:02 ranges from a minimum value of 0.03572 to a maximum value of 0.03582, which suggests relatively stable rates over the period.
Trend Analysis
Overall, the exchange rates experience minor fluctuations throughout the data series. The exchange rates mostly linger around 0.03575 and 0.03577 without showing a clear trend of increasing or decreasing. In terms of trend, the data can be seen as stable as the variations in the rates are very minor throughout the time series.
Seasonality Analysis
Due to the limitations in the data, which covers only 24 hours on a single day, identifying seasonal or recurring patterns isn't feasible. The dataset is not broad enough to adequately capture weekly, monthly, or annually recurring patterns in the exchange rates. However, within this 24 hour span, no obvious intraday seasonality pattern can be observed.
Outlier Analysis
Regarding outliers, as the data appears to fall within a very tight range, no significant outliers can be detected on simple observation. The minor fluctuations seem to be part of the usual variation.
Data Limitation
It is necessary to note that this analysis is limited by the amount of data provided, which covers only a single 24-hour period. Additionally, it is performed under the instructions not to consider any specific event or external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports. Therefore, the analysis may not fully reflect the true dynamics of the UYU exchange rates.
