2024-05-22 Peso Uruguayo News
![Currency mart logo](../../../images/blog/currency-mart-logo.png)
2024-05-21
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Analysis of UYU Exchange Rates Time-Series Data
After evaluating the given time-series data for the UYU exchange rate, the following conclusions can be drawn:
Overall Exchange Rates Trend
The rates appear to stay largely stable, with occasional, minor fluctuations. However, a few key points need attention:
- At first glance, there are no visible patterns of severe increases or decreases in the exchange rate. The rate seems to fluctuate around 0.035 and 0.036.
- There is a slight increase in the value during the timestamp "2024-05-21 06:25:02" from 0.03511 to 0.03538. A similar pattern can be observed at timestamps "2024-05-21 07:35:03" and "2024-05-21 08:05:03", with rates being 0.03543 and 0.03549, respectively.
- Most significantly, a conspicuous increase is observed around "2024-05-21 06:20:02", after which the rate seems to start declining gradually towards 0.03537 at "2024-05-21 19:05:03".
Seasonality or Recurring Patterns
No clear seasonality or recurring patterns can be detected within the given dataset. The minimal ups and downs maintain a narrow range and don't reveal any fixed patterns that could suggest seasonality.
Outliers
As for outliers, there seems to be one noticeable instance. Specifically, the exchange rate boost to 0.03538 at the timestamp "2024-05-21 06:25:02" can be considered an outlier, as it deviates noticeably from the overall stable trend.
However, given the overall stability of the data and lack of significantly large swings, these points may not necessarily be classified as 'outliers'. Nevertheless, they are worth noticing for any significant trend changes, which seem to be absent in this dataset.
All conclusions drawn are solely based on the given data. Any external factors like market conditions, special events, weekends/holidays, or financial reports are not considered as per the request.
This analysis is based on data provided and does not guarantee future rates.
![Remarkable Stability in UYU Exchange Rate Witnesses A Sudden Spike](http://currencymart.net/images/news/peso-uruguayo/2024-05-22/img-A9oFOkbcTaO1NpeePS2AqquJ.webp)