2024-04-16 Liberian Dollar News
2024-04-15
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 of Exchange Rates
The overall trend of the LRD exchange rates in this dataset appears to be fairly stable. In specific, the value remains largely around 0.00713 to 0.00715 throughout the given period. This suggests a general stability in the rate over this time frame.
Seasonality or Recurring Patterns
Upon examining the given dataset, I didn't observe any clear seasonality or cyclical patterns in the LRD exchange rate. It means that the rates do not seem to fluctuate in a regular or predictable manner based on the time of day or any other repeated time periods within this series. However, additional, longer-term data might reveal trends not noticeable in this set, such as seasonal effects.
Identification of Outliers
Concerning outliers in the dataset, no significant disruptions were noticed in the exchange rate that would deviate significantly from the general trend. The rate stayed within a narrow band, indicating a period of relatively low volatility for the exchange rate. Additional statistical analysis can be used to confirm this observation and identify any points where the rate might slightly differ from the norm.
Do keep in mind that these insights are only based on the provided data. For a complete understanding, additional factors such as market conditions, economic news, and other relevant information should also be taken into account.