2024-05-21 Lebanese Pound News
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2024-05-20
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
Overall Trend
From a preliminary glance at the data, it appears that the exchange rates have remained stable throughout the entire period. This is evidenced by the consistency in the LBP exchange rate value, which constantly holds at 2.0E-5. It is exceptional to observe such consistency in financial data over this time frame, implying that the exchange rate has stayed the same, and there have been no significant changes or fluctuations.
Seasonality or Recurring Patterns
As the LBP exchange rates remained flat at a consistent value of 2.0E-5 for each timestamp, no visible seasonality or recurring patterns are identifiable in this dataset. Generally, exchange rates could exhibit certain seasonality or regular patterns corresponding to various factors such as market dynamics, trade volumes, and economic policies. However, as the data provided remains constant for each timestamp, there is no variability that could suggest any such patterns or trends.
Outliers in the Exchange Rate
Remarkably, the dataset does not demonstrate any instances of outliers or significant deviations from the constant value of 2.0E-5. Hence, there aren't any instances where the exchange rate differs unusually from the observed, stable pattern. This is somewhat anomalous in the context of financial markets as they are ordinarily subject to a range of domestic and international influences, which would typically result in at least some rate fluctuation.
To conclude, this dataset indicates a remarkably steady and unchanging LBP exchange over the observed period, with no visible patterns, seasonality, or outliers. These results are largely theoretical and are based exclusively on the provided dataset, without accounting for external factors or future forecasts.
![Steady Exchange Rate Reflects Stable Economy Amid Market Changes](http://currencymart.net/images/news/lebanese-pound/2024-05-21/img-zjV8aZj7kdg2B0STDdMXB67B.webp)