2024-05-20 Pula News

Summary of Last Week

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Understanding overall trend of the exchange rates

From the data provided, there is a general trend that shows minor fluctuations in the exchange rates. However, there are no significant movements that indicate a general increase or decrease in the values. The exchange rate appears to be relatively stable, with occasional slight rise or dip.

Identifying any Seasonality or Recurring Patterns

It is difficult to identify a clear seasonality or recurring pattern without longer term data and without the ability to take into consideration external factors such as weekends/holidays and the release of key financial news or reports which might impact market volatility. Nevertheless, upon inspection, the values do not seem to demonstrate a notable pattern or regular fluctuations that would point towards seasonality.

Identification of Outliers

  • Although the exchange rates appear to be relatively stable, the rate seems to experience slight peaks and troughs. For instance, rates seem to reach a temporary peak around 0.100 in the latter half of the data set, and then drop slightly.
  • Another noticeable feature is the significant drop to a rate of about 0.096, which can be considered an outlier. This is noticeably different from the majority of the values which fall within a much tighter range.

In conclusion, the BWP exchange rate seems to fluctuates slightly over the provided time period, showing increased volatility at certain times. It is recommended to integrate and consider more data for a more accurate analysis, including external factors, even though they're not considered in this specific context.

ay The financial markets experienced a series of gentle wavering in exchange rates associated with the Botswana Pula (BWP) from mid-April through to mid-May. The constant tug of war between the macroeconomic forces and market sentiment was evident in the ever-changing exchange rates. The BWP exchange rates starting April 19th were reasonably stable with a slight uptick noticed on April 19 at 06:02, where the exchange rate increased from 0.09929 to 0.09935. However, a slight dip of 0.09878 was noted on April 22nd at 14:00, which recovered briefly before a consolidating trend was observed for the next days till April 30th, where the rate slipped to 0.09672 at 08:00. This trend significantly shifted on May 2nd, when the rates reached a high of 0.10007 at 22:00 during the first week of May. Subsequently, this high was surpassed on May 3rd with an exchange rate of 0.1005 recorded at midday, representing the highest figure of the period under review. However, towards late May, the market experienced a but stable downward shift. Despite this, the exchange rate remained above 0.100, with minimal fluctuations witnessed between May 9th to May 17th. While the aforementioned period offered few surprises, its importance shouldn’t be overlooked. The continuous, albeit subtle, changes can suggest underlying macroeconomic factors and policy measures impacting the currency exchange for Botswana Pula. These fluctuations are a measure of the country’s economic health, reflected in its stock market performance, inflation rates, and gross national product. Furthermore, they add a layer of complexity to the investment decisions of multinational companies and investors alike, who may either view this as a sign to hold their investments or see it as a buying opportunity to gain from future increases in the currency’s value. What is worth noting from the BWP''s gentle oscillations is the currency''s resilience. Amid turbulent periods, the BWP could maintain relative stability, a testament to Botswana''s economy''s strength. Though the future remains uncertain, investors worldwide will be keen to monitor Botswana''s economic resilience, as continual developments unfold in the country''s economy. The coming weeks will also be critical in determining whether the BWP''s current stability will endure, given the changes at play in the international financial markets. As a checkpoint for investors, the stability and predictability of a nation''s currency suggest potential for profitable investment opportunities, especially given the current state of global financial flux. While the future of BWP''s exchange rate remains uncertain, this period paints a revealing picture of a robust economy that maintains a certain degree of control over its exchange rates. Investors are advised to keep a close eye on these trends to make informed investment decisions.Subtle fluctuations in BWP rates over mid-April to mid-May

Current Middle Market Exchange Rate

For information purposes only.