2024-04-26 Latvian Lats News
2024-04-25
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 of Exchange Rates:
In this data set spanning from 2024-04-25 00:00:02 to 2024-04-25 23:55:02, the exchange rate shows a slight overall decrease. Starting at a value of 2.26336, the exchange rate fluctuates over time but a general downward slope can be discerned concluding at a final value of 2.25724, which is lesser than the starting rate.
Seasonality or Recurring Patterns in Exchange Rates:
On an intra-day level, it is difficult to identify precise seasonality or recurring patterns in exchange rate changes from this data. The rates fluxuates throughout, with periods of slight increase followed by decreases. However, considering entire day of data, certain periods of stability and increased volatility can be seen. The presence of more data points or observations would be beneficial to better observe potential patterns across different times or days.
Outliers in the Data Set:
From the given data, a few timestamps show significant change in the currency's exchange rate, differing from the numbers before and after. These instances can be considered as the outliers in this dataset, marked by a relatively significant increase or decrease in the rates. For example, the rate spiked to 2.26925 at 2024-04-25 08:15:02, which is significantly higher than the rates around that time. However, these fluctuation are not extremely dramatic, therefore we can say that there are no major outliers in the dataset. It is advisable to study these cases in real-time context as they might indicate critical market events or news announcements.
Please note, however, that the assessment above is based on a general inspection and interpretation of the data. A more rigorous statistical analysis may yield additional insights and more precise identification of trends, seasonality, and outliers.