2024-05-10 Unidad de Fomento News
2024-05-09
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Understanding the overall trend of the exchange rates
Upon reviewing the dataset, it is evident that the overall trend in the exchange rates is a significant rise. Although the CLF exchange rate appears to initially remain stable around the 40 mark, it gradually increases as the timestamps progress. Noteworthy, the rate starts to witness significant movement from around "2024-05-09 09:15:02" with a rise from around 40.37631 to consistently above 40.5 from "2024-05-09 09:40:03". The highest exchange rate observed in the available dataset is around 40.85635 at "2024-05-09 21:20:02".
Identifying any seasonality or recurring patterns in the changes of exchange rates
Due to the limitation of the dataset to a span of a day, it is challenging to determine any clear seasonality or recurring patterns in the dataset. In typical foreign currency exchange, patterns are more prominent in datasets spanning over several months or years. The data appears to be more stochastic in nature than exhibiting clear seasonality. Although, some sense of daily pattern might be extracted in case data over multiple days are provided.
Noting any outliers, or instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality
Outliers in the dataset are few and are mainly observed as sharp spikes and falls. The significant drop in the exchange rate at "2024-05-09 06:25:02" to 40.37957 from 40.45962 in the previous timestamp is highly noticeable. Following this dip, the value keeps decreasing until it hits the lowest point in the day at "2024-05-09 06:55:02" with a value of 40.31283. Another major instance is the sharp rise from 40.41384 at "2024-05-09 07:55:03" to 40.49239 at "2024-05-09 07:40:02". These occurrences are outliers as they deviate significantly from the overall increasing trend observed throughout the day.