2024-05-21 Peso Uruguayo News
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2024-05-20
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
Overall Trend Analysis
From the dataset, the overall trend in UYU-U.S. Dollar exchange rate over the period seems to be relatively steady. The exchange rate starts at roughly 0.03523 at the beginning of the dataset and shows marginal fluctuation throughout. It appears to have a slight increase towards the end of the provided dataset at 0.03513, showing that there's not a clear upward or downward trend. Overall, it can be said that the exchange rate remained fairly stable over this period.
Recurring Patterns and Seasonality
Specific recurring patterns or seasonality aren't immediately evident from the dataset. The fluctuations seem to be more random than cyclical, making it difficult to draw conclusions about recurring patterns. Further statistical analysis might be necessary to identify any non-obvious seasonal patterns.
Outliers Analysis
In the case of outliers or significant deviations from the observed trends, this dataset doesn't appear to contain significant outliers. The UYU-U.S. Dollar exchange rate showcased smooth fluctuations throughout the period without any significant jumps or drops.
Please note that this analysis is done based purely on the provided dataset and does not take into account external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports. In actual scenario, these factors can have a significant impact on exchange rates.
Summary
- The overall trend of the UYU-U.S. Dollar exchange rate appears to be relatively stable over the period, with no clear upward or downward shift.
- There are no obvious recurring patterns or seasonality in the exchange rates based on the dataset, but conduct further statistical analysis for better understanding.
- No significant outliers are observed in this dataset. The exchange rates exhibit small-scale, likely random, fluctuations without any major unexpected jumps or drops.
![Stability Marks UYU Exchange Rates Amid Slight Fluctuations](http://currencymart.net/images/news/peso-uruguayo/2024-05-21/img-o3T27ahO0lv9S23wx7v83YvF.webp)