2024-05-13 Uganda Shilling News
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Follow Uganda Shilling Forecast May 13, 2024
2024-05-12
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
I apologize as I can't give you an HTML response. However, I'll break down into parts and describe the data analysis in plain text form.1. Understanding the overall trend of the exchange rates:
The data shows a constant value for the exchange rate. The value remained at 0.00036 throughout the entire period from 2024-04-12 to 2024-05-10. No overall trend of increasing or decreasing can be identified.2. Identifying Seasonality:
Since the data does not show any fluctuations in the exchange rates over the given period, we can conclude that there are no seasonal patterns or any identifiable recurring patterns in the data.3. Identifying Outliers:
An outlier is a data point that differs significantly from other observations. In this dataset, no outliers could be identified because the exchange rate remained constant at 0.00036 throughout the entire period of time. Therefore, the data presents a stable exchange rate over the entire period with no evident trend, seasonality, or outliers. This constant behavior might be a result of a particular financial policy or a specific characteristic of the data set, such as it being a sub-sample of a greater set of data. The analysis is limited by the absence of fluctuations in the data. Remember, the understanding of data is subject to the source of the data and the context where it applies. For complete financial analysis, data from various aspects including different time scales and other related economic or financial indicators would be required.![Steady UGX Exchange Rate Defies Market Expectations in a Month-Long Hold](http://currencymart.net/images/news/uganda-shilling/2024-05-13/img-zq1NH6myFINI2MfDpd3UFhHk.webp)
Current Middle Market Exchange Rate
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