2024-05-21 Kip News
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2024-05-20
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 Exchange Rates
Based on the given data, the LAK exchange rates remained stable throughout the entire period being considered here. It's noted that the rates were consistently listed at 6.0E-5, neither increasing nor decreasing significantly at any point. Please verify the accuracy of this data as this kind of stability is unusual in exchange rate trends.
2. Seasonality and Recurring Patterns
Given that the data shows no variation in the exchange rates over time, there's no identifiable pattern or seasonality in this dataset. Typically, such patterns could be indicative of changes in supply and demand, influenced by factors like market opening/closing hours, weekends/holidays, or key financial news and reports. However, as the data remains constant, it's not possible to identify any such cyclical behaviors.
3. Outliers in the Data
Similarly, since all the exchange rates listed are identical, there are no apparent outliers in the data. Typically, an outlier would be a rate that deviates considerably from the common trend, suggesting an event that uniquely affected the market at that time. Yet, since the rates here don't fluctuate, this kind of occurrence doesn't appear possible with the data given.
In conclusion, this analysis is quite unusual due to the unexpected constancy of the exchange rates. If the dataset is accurate, it would suggest that the LAK rate remained remarkably stable throughout this period. However, it's recommended to verify the source and accuracy of the data used here, considering the unusual lack of variability in the rates recorded.
![Constant Stability: Day-long Bourse On The LAK Exchange Rate Holds Steady](http://currencymart.net/images/news/kip/2024-05-21/img-9xEsLrCx9qEMXmsEadr5yqyP.webp)