2024-04-24 Lebanese Pound News
2024-04-23
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
After a broad overview of the dataset, it is observed that the exchange rate remains stable throughout the given time frame. The exchange rate consistently maintains at 2.0E-5, reflecting a lack of fluctuation and suggesting a level of stability in the market. This implies that there was no substantial impact from market volatility or external financial influences that could potentially trigger variances in this specific timeline.
Seasonality and Recurring Patterns
Identifying seasonality or recurring patterns in a dataset helps in understanding the periodic fluctuations that occur. However, in the given dataset, there is no discernible pattern or seasonality. The exchange rate remains constant at 2.0E-5 across the entire dataset without any variation, negating the possibility of identifying any seasonal trends or patterns in this particular case.
Outliers Analysis
Outliers in data can represent an error or a significant trend or event. However, in our analysis, since all LBP exchange rate values are consistently registering at 2.0E-5, no significant deviations exist. Therefore, there aren't any identifiable outliers in this dataset. This uniform pattern indicates that there has been consistent control, or lack of significant activities affecting the exchange rate value.
Consideration of External Factors
Although it was specified not to consider external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports, these elements are often critical in assessing financial data. However, in this case, the absence of exchange rate fluctuation eliminates the need to reflect on these factors for this particular dataset. Thus, regardless of changes that might have occurred during different hours of the day, weekends, holidays, or after key financial announcements, they have not impacted the exchange rates in this time series data, as represented by the consistent 2.0E-5 value.