2024-04-23 Somoni 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

1. Overall Trend of the Exchange Rates

Reviewing the data provided, it's observed that the exchange rates seem to remain relatively stable throughout the date. The rate starts around 0.12573, peaking at 0.12583, dropping to a low point around 0.12490, and then rising slightly to end at around 0.12520. This indicates that the overall trend of the exchange rates was fairly stable, with minor fluctuations observed throughout the day.

2. Seasonality or Recurring Patterns

In time-series analysis, seasonality is a key concept. However, in the provided data, no distinct seasonal or recurring patterns are immediately identifiable. The exchange rates fluctuate within a small range throughout the date, without displaying any clear repetitive patterns or predictable variations at regular intervals.

3. Outliers in the Exchange Rates

An outlier in time-series data is a data point that varies significantly from the pattern shown by the rest of the data. Looking at the provided exchange rate data, two such potential outliers might be the lowest value around 0.12490 and the highest value around 0.12583. Other than these insights, the exchange rate seems to adhere to a pattern of minor and gradual fluctuations rather than sharp, abrupt changes.

It's important to keep in mind that these interpretations are based on the data provided, and additional data might reveal longer-term trends, patterns or outliers that are not apparent from this single date's data alone.

hin 24 Hours A noteworthy swing in the TJS exchange rate was recorded over a 24 hours period on April 22, 2024, indicating an unpredictable pattern that caught markets by surprise. The day started with a TJS rate of 0.12573 which saw a slight increase, peaking at 0.12583. However, it started a downward trajectory reaching a low of 0.1249. This trend did not stick as it eventually rose back to 0.12523 by the end of the 24 hours window. This instability underlines the erratic nature of the forex markets and exemplifies the risks and opportunities these fluctuations can present. Traders, investors and economists had their eyes glued to the markets as the unpredictable swing in TJS exchange rate unfolded. The day''s peak and then the gradual slump, as observed, can be linked to multiple market factors including economic data releases, geopolitical events or a change in the country''s monetary policy by central banks. These activities historically have had the potential to create significant exchange rate volatility. The interesting facet of this situation was the TJS'' rapid recovery after the initial slump. An increment was recorded at 20:00, marking a change in tide and perhaps raising questions on the underlying market dynamics. It underpins a fact that foreign exchange markets can be highly unpredictable and can shift within minutes. Economists suggest that the major swing could also be indicative of large scale trading activities or maneuvers by large financial institutions and high-frequency trading systems. Market insiders predict that these dramatic shifts can impact importers, exporters, and investors dealing with TJS. Analysts are now on the lookout for several factors that could further influence the TJS. These rare quirks in exchange rates are reminders of the inherent fluidity in forex markets. Economists are now tasked with dissecting this event, looking for patterns or signals that might inform future market movements. However, these unpredicted swings offer more than sheer market spectacle. For traders who capitalize on such volatility, these movements provide opportunities to profit from short-term trading strategies. As we look forward, the main question lies in whether this was an isolated event or a precursor to more long-term fluctuations. Market enthusiasts and participants will have their eyes keenly trained on the TJS and other corresponding market dynamics moving forward. Certainly, in the world of forex trading, a day can make all the difference.Significant Fluctuation in TJS Exchange Rate Noticed Within 24 Hours

Current Middle Market Exchange Rate

For information purposes only.