2024-05-17 Lebanese Pound News
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2024-05-16
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Upon analyzing the time-series data provided, I've reached the following conclusions. Note, as per the instruction, no external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports are taken into consideration in this analysis.
Understanding of Overall Trend
All the given LBP exchange rates values are exactly 2.0E-5. This suggests that during the given period, the exchange rates have not changed, they have remained stable and the trend line is flat. There is no general increase or decrease observed in this particular dataset.
Identifying Seasonality or Recurring Patterns
As all the values of LBP exchange rates are the same, it is impossible to identify any seasonality or recurring patterns in the dataset. Since there's no variation in the data, we can't notice any apparent cycles or patterns that repeat over a specific time period.
Identifying Any Outliers
An outlier, in statistical terms, is a data point that significantly deviates from the other observations in the dataset. In the provided data, since all the values are the same (2.0E-5), there's no deviation and hence, no outliers can be identified.
In conclusion, this dataset presents a constant exchange rate, showing no fluctuation, no seasonality, and no outliers. As per this dataset, the LBP exchange rate has remained consistent.
![Unwavering LBP Exchange Rates Maintain Steady Course Over 24 Hours](http://currencymart.net/images/news/lebanese-pound/2024-05-17/img-cJji1qvzx3jDqoWFE9bz5yYm.webp)