2024-05-14 Pula 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

Overall Trend Analysis

The overall trend of the BWP exchange rate in the dataset provided shows a relatively steady trend. There are slight fluctuations in the exchange rate throughout the dataset, but these do not represent a consistent increase or decrease. The exchange rate oscillates slightly around a central level, indicating a level of stability in the currency's value over this specific period. It is important to remember that exchange rates can be influenced by various factors, including the economic performance of the related countries and global financial trends.

Seasonality and Recurring Patterns

With the data provided, there does not appear to be any clear seasonality or recurring patterns. The slight oscillations in value do not show a consistent period or frequency that would indicate a seasonal effect. Similarly, the fluctuations do not form a pattern that repeats throughout the dataset. Therefore, based on this data, it would seem the exchange rate's changes are more random than cyclical. Nonetheless, more data or additional methods of analysis might reveal patterns not immediately apparent.

Notable Outliers Identification

Within the dataset provided, there are no significant outliers in the exchange rate data. All rates fall within a small range of values and there are no instances where the rate abruptly spikes or plunges. This indicates that during this period, there were no unexpected or unusual instances that significantly affected the exchange rate. Remember that outliers in financial data can sometimes signify a response to unanticipated events or market anomalies. However, this does not seem to be the case within the provided dataset.

Additional Note

Given the nature of your query, you're not considering any specific external factors or future predictions in your analysis. It's acceptable, but it’s worth noting that the factors like market opening/closing hours, weekends/holidays, and the release of key financial news and reports are crucial influencers of financial time-series data. For a more accurate and deeper understanding of the trend, considering these factors would be beneficial.

4 hours May 13, 2024 — The Botswana Pula (BWP) exchange rate shows a slight discrepancy through the 24 hours course yesterday, according to recent data. As of yesterday, hourly data revealed a minuscule but unignorable fluctuation pattern that could affect traders worldwide. Beginning at midnight on May 13, 2024, the exchange rate for the BWP was recorded at 0.10062. The rate remained stable for the following minutes before a slight plummet of 0.00001 at 00:15, hovering around 0.1006 over the next couple of hours. It marked a noticeable hike at 01:00, reaching an appreciable value of 0.10065, though this increment was minimum to the granular figure. The currency maintained nominal stability through several hours, reaching a peak of 0.10067 at 01:25, and continued to dance around a similar number until it fell to 0.10057 - the lowest point of the day at 04:05. Though representing a tiny deviation, the impact holds significance when dealing with substantial amounts. By mid-afternoon, the rate managed subtle rebounds, peaking again at 0.10069 by 09:25. As the trading day unfolded, the value of BWP rose to its highest of the day, recording a figure of 0.10078 by 21:55, marking the culmination of the 24-hour graph with a minimal growth representation. This fluctuation, albeit minute, is significant for investors, economists, businesses, and individuals involved in transactions or trades involving the Botswana Pula. The slightest change in the currency''s exchange rate implicates the market''s health and can create sizable impacts on international trade and investment. While the cause of this fluctuation remains unknown at present, it is essential to understand that currency exchange rates are influenced and affected by numerous local, national, and international events and circumstances like inflation, interest rates, political stability etc. Looking ahead, financial experts and interested parties should continue to monitor the BWP exchange rate to assess if these minute fluctuations remain a trend or whether they stabilize further. There is no immediate threat to the economy or sectors, but if this becomes a protracted situation, it may lead to signs of volatility in the BWP''s exchange rate. It is a wait-and-watch scenario for market participants, and meticulous monitoring will help them strategize accordingly.BWP Exchange Rate Experience Slight Fluctuation within 24 hours

Current Middle Market Exchange Rate

For information purposes only.