2024-04-29 Lebanese Pound News
2024-04-28
Summary of Last Week
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Analysis of the Dataset
This dataset presents the exchange rates (LBP) changes over specific timestamps. Given that the LBP rate appears to be constant at 2.0E-5 throughout the given period, here are the observations based on the provided analysis goals.
1. Understanding the overall trend of the exchange rates
From the dataset, the LBP exchange rate remains stable at 2.0E-5 over the entire duration. There is no increasing or decreasing trend observed. This steadiness suggests a stable financial market condition during this period, either due to constant demand and supply of the currencies or due to interventions made by monetary authorities to keep the rate constant.
2. Identifying any seasonality or recurring patterns in the changes of exchange rates
Given the stability of the exchange rate at 2.0E-5, there is no observable pattern or seasonality in the dataset. The exchange rate remains unchanged throughout, making it difficult to discern any seasonal changes or patterns. It means that the currency's value remains constant regardless of the time of the day or the specific day in the given period.
3. Noting any outliers, or instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality
Looking at the dataset, there are no outliers. An outlier would be an exchange rate value that significantly deviates from the 2.0E-5 rate that is sustained throughout. Since all data points in the series are the same, there are no unexpected or significant differences in the exchange rate at any given timestamp. Therefore, the dataset doesn't have any outliers.
A further or more granular analysis might be necessary if the exchange rate begins to vary. This constant rate indicates an absence of volatility, suggesting a market equilibrium without significant movement or any discernible patterns, seasonal or otherwise, based purely on this dataset.