2024-05-16 Unidad de Fomento News
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2024-05-15
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend analysis of the exchange rates
Upon analyzing the dataset, it can be seen that the exchange rates have shown a significant increase over the hours of the day. Specifically, the exchange rate starts at 41.1726 at midnight and generally increases throughout the day, reaching a maximum value of 41.51445 at 11:45 AM. After that, there is a slight decline till 41.10997 at 4:00 AM, then it increases again, reaching the peak at 1:45 PM, with a value of 41.51445.
Despite this daily increasing trend, there remains some fluctuations within day hours. The exchange rates seem to get reduced slightly during the early morning hours and late-night hours, but it increases again during the late morning and afternoon hours.
Seasonality or Recurring Patterns
From the dataset, it appears that there is a daily pattern of fluctuation in CLF. It starts at a certain level, rises to a peak in the later morning or early afternoon, and then falls again in the late night. This pattern seems to repeat each day.
Analysis on Outliers
Our analysis reveals some potential outliers i.e., points where the exchange rate differs significantly from the established trend. One of them is at 11:45 AM when the rate reaches 41.51445, a significantly high value compared to the general trend. Another outlier is at 1:45 PM when it reaches the same peak as before. On the lower side, a value of 41.10997 at 4:00 AM seems to be notably low.
Note that the identified outliers are based on how much they deviate from the general trend. They don't necessarily signify anomalies or mistakes in the data, and could potentially be explained by factors not included in this dataset.
![Unprecedented Surge in CLF Exchange Rate Reflects Market Volatility](http://currencymart.net/images/news/unidad-de-fomento/2024-05-16/img-gRqYk9vWxjcPRRJXmcJ2TgIV.webp)