2024-04-16 Latvian Lats News
2024-04-15
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
Overall Trend Analysis
Looking at the provided dataset, it appears that the exchange rates have fluctuated within a particular range from 2.26946 to 2.28364. There does not seem to be a clear trend of consistent increase or decrease in the exchange rates. However, there are instances of both upward and downward movements in the LVL exchange rate. Taking a broad view, the exchange rate appears to be fairly stable with small fluctuations in value.
Seasonality or Recurring Patterns
In the given dataset, no distinct recurring patterns or seasonality can be observed. However, this does not mean such patterns do not exist. Due to the short timeframe and small sample size, some long-term patterns may not be visible. An approach that can visualize the data or perform more complex time series analysis methods may be necessary to identify deeper trends, such as analysis on a larger dataset or time scale.
Outliers Analysis
From a quick scan of the data, there does not appear to be any significant outliers in this dataset, with all the values falling within a relatively narrow range. Any minor deviations from the central trend might just result from natural volatility in the forex exchange market. A more thorough, statistical investigation might highlight some points as potential outliers, but a cursory visual inspection does not reveal any glaring outliers in this set of data.