2024-05-03 Lebanese Pound News
2024-05-02
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
Upon examining the provided dataset, it is evident that the exchange rates remain constant throughout the period. The rate stands at an unchanging value of 2.0E-5 at all observable times. As such, there is no noticeable increase or decrease trend. Instead, the data shows a perfectly flat and stable line.
Seasonality and Patterns
Given the constant nature of the exchange rate in the dataset, there is no seasonality or recurring pattern within the exchange rates' changes. There are no fluctuations that might indicate peak periods, trough periods, or any repetitive time-linked patterns within the data. Therefore, the exchange rate of LBP (Lebanese Pound) possesses a continuous, unchanging pattern over the period.
Outliers and Anomalies
Once again, as the exchange rate remains unchanging throughout the dataset, there are no outliers or instances where the exchange rate deviates significantly from the established rate. A constant exchange rate such as this is unlikely under typical conditions, which often involve fluctuations. Therefore, in the context of actual exchange rate behaviors, this constant rate may itself be considered an anomaly.
Concluding Remarks
Through this analysis, it is clear that the exchange rate is highly stable, with no change over the course of the included timestamps. While this level of stability is not typically representative of real-world exchange rates, it's important to note that external factors, such as the state of the economy, political scenarios, and global events, have not been taken into consideration and could have potential impacts. For future exploration, reflecting on such influences along with more dynamic datasets can provide a rich understanding of the exchange rate trends.
