2024-04-16 Libyan Dinar 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
The data provided shows a gradual upward and downward movement in LYD exchange rates throughout the date of 15th April, 2024. The LYD rate started from approximately 0.28 at the start of the date and ended around the same value. It suggests that the exchange rate remained relatively stable during this day. Though minor fluctuations were seen, no significant increase or decrease trend could be observed over this 24-hour period.
Seasonality or Recurring Patterns
In regard to seasonality or recurring patterns, it seems that the LYD exchange rates did not follow a clear pattern on this day. The exchange rate fluctuated within a very close range, typically very minor fluctuations, suggesting that volatility was limited on this day. There was no specific time during this day when the LYD rates significantly increased or decreased consecutively indicating no obvious seasonality or recurring patterns in the dataset for this day.
Notable Outliers
While analyzing the outliers, it was observed that the exchange rate taking a relatively significant dip at 20:00. The rate fell to approximately 0.284 from around 0.2856 which is a notable fall compared to the minimal fluctuations observed throughout the remaining day. It may be considered as an outlier as it deviates significantly from the relatively stable trend observed otherwise. However, the rates rebounded shortly after this dip.
In conclusion, the exchange rates shown for the date of 15th April, 2024 mostly remained stable with minor yet incessant fluctuations throughout the day, with one notable dip during 20:00 hrs which can be considered as an outlier. No clear seasonality or recurring patterns were seen in this dataset for the given date.