2024-04-22 Rwanda Franc News
2024-04-21
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
1. Understanding the Overall Trend of the Exchange Rates
Based on the dataset, the value of the RWF exchange rate oscillates around 0.00105 and 0.00107. There is no clear consistent trend towards increase or decrease. There are moments where the rate goes up to 0.00107 but it tends to fall back to around 0.00105. Thus, over the period shown in the dataset, the exchange rate remains relatively stable with minor fluctuations.
2. Identifying Seasonality or Recurring Patterns
In terms of seasonality or recurring patterns, the data provided does not show any clear patterns. The rate consistently fluctuates between 0.00105 and 0.00107 with no identifiable period of high or low rates. Thus, it can be concluded that, for the data provided, rate changes do not seem to follow a certain seasonal pattern.
3. Noting Outliers
Outliers in a data set are values that lie an abnormal distance from other values. In this dataset, no discernable outliers were identified. All values of exchange rates lie between 0.00105 and 0.00107, and as such, no abnormal deviation was observed. Therefore, based on this particular dataset, it appears that the exchange rates act within a confined range, without exhibiting significant divergence that could indicate impactful external events or anomalies.
Conclusion
In conclusion, the data shows that the exchange rate of RWF during the period in question is rather consistent, with minor fluctuations between 0.00105 and 0.00107. There is no discernible upward or downward trend, and no noticeable seasonal or repeatable patterns. Furthermore, no significant outliers were observed.
