2024-05-21 Libyan Dinar 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 Analysis
An initial analysis of the dataset, specifically in the context of exchange rates, shows fairly consistent fluctuations throughout the given timestamps. The LYD exchange rate begins at 0.28234 and ends at 0.28197, with small yet consistent fluctuation in-between. The changes in value indicate a generally stable trend. Still, it would be incorrect to categorize the rate as entirely stable due to those fluctuations.
Seasonality or Recurring Patterns
Upon an initial analysis, the dataset does not seem to exhibit clear seasonality or recurring patterns. The fluctuations in the exchange rate seem to occur in small intervals and do not appear to have obvious recurring patterns. This is only a preliminary observation and could potentially change upon further, deeper analysis.
Outliers in the Data
Identifying outliers depends heavily on statistical analysis of the dataset, and although the analysis does not point out individual points as outliers, there are notable peaks and dips throughout the graph. For instance, we can see a dip where the value reaches as low as 0.28163 around the 06:20:02 timestamp. Otherwise, the values mostly range between 0.282 and 0.281.
These apparent outliers, when they occur, seem to correct themselves relatively quickly and bring the rate back within its normal fluctuation range. This could be a result of internal or external factors affecting the exchange rates at those times, though further investigation is warranted to understand this fully.
Please note that this analysis is only an initial overview based on the existing dataset. For a detailed understanding, further statistical analysis would need to be conducted considering more variables and a larger dataset.
![Lybian Dinar Shows Steady Exchange Rate Performance Amidst Fluctuations](http://currencymart.net/images/news/libyan-dinar/2024-05-21/img-vjTQYc3XjwMNIXex97jGou4G.webp)