2024-05-01 Riel News

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 the Dataset

Upon initial inspection of the provided dataset, it can be observed that the dataset consists of timestamped exchange rates in KHR. This information is a time series, with timestamps recording the fluctuations in exchange rates at various moments throughout the day and across a range of days within the month of April 2024.

Understanding the Overall Trend

Interestingly, the exchange rates provided in the dataset show no changes throughout the observed period. Each timestamped rate is recorded at 0.00034. This indicates an unusual stability in the exchange rates, which generally tend to fluctuate due to a myriad of influencing factors. However, based solely on this dataset, the trend is characterized by a constant exchange rate.

Seasonality or Recurring Patterns

Since the exchange rate remains constant throughout the recorded period, there are no discernible patterns of seasonality or recurring changes. Typical seasonality or patterns in exchange rates might include daily fluctuations correlated with the opening and closing hours of financial markets, or longer-term trends associated with broader economic cycles. These are not evident in the provided data.

Outliers or Noteworthy Instances

As the exchange rate remains unchanged throughout the entire data set, there are no outliers or deviations from the observed trend. All recorded exchange rates of 0.00034 fall exactly on this trend. Typically, in a more varied dataset, instances where the exchange rate differs significantly from the trend or seasonality would be noted as outliers. However, none such instances can be pointed out in this data.

In conclusion, while this dataset provides an accurate record of the exchange rates at specific times, its characteristic of a constant rate throughout the recorded period precludes more in-depth trend analysis, identification of recurring patterns, or the notation of outliers. Given different data with more varied rates, a richer, more insightful analysis could be undertaken.

Holds Steady In an unprecedented move, the KHR exchange rate has shown remarkable stability for a significant period, according to the latest timestamp data. Amid turbulent times in global markets, investors and economic analysts alike have been monitoring the economic landscape with anticipation. This just-released data documents an intriguing phenomenon. The KHR exchange rate consistently held its value on the 30th April 2024, a factor that could significantly impact the Cambodian economy, international business, and the broader South East Asian economic landscape. Throughout the day in focus, from just after midnight to just before midnight, no fluctuation was recorded in the KHR exchange rate. This constancy in the currency market can be attributed to a number of potential factors, from governmental interventions and economic policy to the general health of the Cambodian economy. Recent data shows that the exchange rate of the KHR remained at 0.00034 persistently, a figure previous considered unlikely, given the usual fluctuating nature of exchange rates. This shows a relative stability in the local currency, which can be a sign of a healthy and strong economy. Consisting of multiple entries, the dataset outlines real-time provided timestamps against value of KHR exchange rates, revealing an unchanging pattern in the exchange rate throughout the recorded period. While there could be several potential explanations for this observed stability, economic experts lean towards investor confidence and strong economic policies as major influencers. The constant rate might be indicative of effective currency regulation by the Cambodian National Bank, balanced imports and exports trade, or a stable political environment encouraging consistent trading behavior. However, while stability in the exchange rate is generally considered a favorable economic indicator, it does raise certain questions. Sustained stability may limit the opportunities for currency trading profits and may just be an indication of a manipulated market, which can inhibit economic growth in the long run. Though sustained stability in the KHR exchange rate is a phenomenon that could have promising implications, its impact and future trajectory require continuous monitoring. While the short-term effects seem beneficial, economists remain cautious about potential long-term impacts. As Cambodia continues to develop and integrate further into the global economy, the stability of its currency will indeed be of critical importance. Therefore, stakeholders should keep an eye on the KHR''s future performance and any fluctuations in the exchange rate. As the finance world digests this novelty, the attention now turns to the future to see if this pattern will persist, reshaping economic strategies, or if it is merely a temporary circumstance soon to give way to traditional exchange rate fluctuations. The finance world must now look ahead and prepare for whatever changes may come next. Whether this could be an indication of a new era of financial stability or an anomaly remains to be seen. What one can be sure of is that the coming days in finance will be intriguing to say the least. Unprecedented Stability in KHR Exchange Rate as Market Holds Steady

Current Middle Market Exchange Rate

For information purposes only.