2024-05-07 Lebanese Pound News
2024-05-06
Summary of Last Month
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overview of Exchange Rates
Upon inspecting the dataset, the exchange rates of LBP (presumably Lebanese Pound) remained stable for the majority of the timestamps provided. The rate was 2.0E-5 until the timestamp '2024-05-06 12:20:03', where the rate decreased to 1.0E-5. This lower rate was maintained until the timestamp '2024-05-06 12:50:03', after which the rate returned to the initial value of 2.0E-5 and stayed stable for the remaining series.
Seasonality and Recurring Patterns
With respect to this dataset, there doesn't appear to be any apparent seasonality or recurring patterns in the changes of exchange rates. The change in the exchange rate from 2.0E-5 to 1.0E-5 can be treated as an event, which could be due to factors not included in the dataset. However, it was more of an outlier than a pattern, as it did not repeat subsequently.
Outliers in the Dataset
As aforementioned, the change in exchange rate at the timestamp '2024-05-06 12:20:03' can be considered an outlier. For the most part, the rate remained constant at 2.0E-5. The period between '2024-05-06 12:20:03' and '2024-05-06 12:50:03' where the rate was 1.0E-5, represents a significant deviation from this norm.
Conclusions
- The LBP exchange rate was predominantly stable at 2.0E-5.
- There are no discernible seasonal or recurring patterns in the dataset.
- A temporary decrease in the rate to 1.0E-5 was observed, marking an outlier in the dataset.