2024-05-17 Latvian Lats News
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2024-05-16
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overview
Analyzed data consists of timestamped data, representing LVL exchange rate at a point in time. The date range starts from '2024-05-16 00:00:02' and ends at '2024-05-16 23:55:01'. The highest recorded exchange rate is '2.25444' while the lowest is '2.24946'.
Trend
The overall trend in the data is upward. The exchange rate at the start was '2.24946', which slowly increased over time and ended at '2.25256'. However, the upward trend was not consistent and there were many fluctuations present.
Seasonality and Patterns
Upon studying the data, it is perceived that the exchange rates do not follow a strong seasonality or recurring pattern. The rates varied across the timeframe and no particular pattern was observed. Therefore, it is inferred that the rates are likely influenced by factors that are not captured in this data.
Outliers
In studying the given data, a few instances can be considered outliers, where the exchange rate showed a significant spike or drop, inconsistent with the general trend. These outliers could potentially be the result of external influences or events that were not accounted for in this data.
![Unprecedented Rise in LVL Exchange Rate Stuns Market](http://currencymart.net/images/news/latvian-lats/2024-05-17/img-6SsO4DblEfFhrDQO02ixXwts.webp)