2024-05-14 Libyan Dinar News
2024-05-13
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
1. Overall Trend of The Exchange Rates
Upon analyzing the data provided, it is evident that the overall trend of the exchange rates over this period seems moderately stable. The rate starts at 0.28123, peaking up to 0.28164 and dipping as low as 0.28034, with some minor fluctuations within this range.
2. Seasonality in Exchange Rate
While time series data often exhibit seasonality, this particular dataset does not show clear recurring patterns or systematic fluctuations in exchange rates based on the timestamp. The data does not seem to follow a specific pattern and the changes in rates appear to be mostly random. Therefore, it is hard to attribute the oscillations in exchange rates to any concrete seasonal pattern over the time period shown in the data.
3. Identification of Outliers
Generally, the rate fluctuations are within the range of 0.28034 to 0.28164. However, there is a noticeable drop at the timestamp '2024-05-13, 16:05:03', where the rate falls to 0.28036, lower than the usual range. This could be an outlier and might indicate an unusual market activity or error during data collection.
Please note that this analysis ignores other potential influencing factors such external financial news, market opening/closing hours, weekends, and holidays. A more detailed analysis would require considering such factors but based solely on the data provided, the above insights were obtained.
