2024-05-06 Lebanese Pound News
2024-05-05
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
Given that the exchange rate presented is consistently 2.0E-5 for the entire set of data, there are few pertinent conclusions we can draw from this data. Below are the observations.1. Understanding the overall trend of the exchange rates:
Looking at this data, the observed LBP exchange rate remains stable throughout the provided timeframe. The rate is consistently 2.0E-5, which indicates a trend of no change in the exchange rate over this period.
2. Identifying any seasonality or recurring patterns in the changes of exchange rates:
Given that the exchange rate for LBP remains constant at 2.0E-5 across all the provided time stamps, there is no seasonality or recurring pattern in the given data. The uniformity of the exchange rate suggests there is no fluctuation due to time of day, day of the week, or any other potential cyclical factors.
3. Noting any outliers, or instances where the exchange rate differs significantly from what would be expected based on the trend or seasonality:
As per the provided data, there are no outliers. The exchange rate is invariably 2.0E-5, meaning there are no data points or instances that deviate from this rate, and therefore, no outliers. Given the unchanging nature of this exchange rate, the expectation is for this uniformity, and the data meets this expectation perfectly.
To conclude, the analysis of this timeseries data set indicates that the exchange rate of LBP is incredibly stable, displaying no variances throughout the given range of data!