2024-04-29 Rwanda Franc News
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2024-04-28
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
After analyzing the data given, these are the findings:1. Overall Trend in Exchange Rates
The exchange rates provided seem to be largely stable during the given period. There's a minor increase in exchange rate from 0.00105 to 0.00107. However, the exchange rate throughout the time series data fluctuates small increments (0.00105, 0.00106, 0.00107). Therefore, there seems to be no strong upward or downward trend.
2. Seasonality or Recurring Patterns
In terms of seasonality or recurring patterns, it is quite challenging to discern any clear pattern within the given data. The exchange rate doesn't seem to be subject to any specific hourly or daily fluctuations, which would be highlighted by recurring increases or decreases at certain times.
3. Outliers
Regarding outliers in this dataset, none seems to be present. An outlier would be a sudden significant jump or drop in exchange rates. But the exchange rate presented here proceeds in a minor fluctuation without such drastic changes.
Note that for a more precise analysis in the future, consideration of factors like weekends, holidays, and key financial news can often be crucial, even if they were not used in this analysis.![Rwandan Franc Holds Steady, Displays Unpredicted Stability](http://currencymart.net/images/news/rwanda-franc/2024-04-29/img-kaClX4cWZKZ85GsWf8AEaR33.webp)