2024-04-29 Lithuanian Litas News
2024-04-28
Summary of Last Week
- 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 Exchange rates
While analysing the given dataset, the overall trend of the LTL exchange rate seems to fluctuate quite a bit over the given time period. The rates increased at some points while they also saw significant decrease at other points. It's worth noting that the trend is not strictly linear, implying that there is no overall consistent increase or decrease. This suggests that market factors or activities could be causing these fluctuations over a given time period.
2. Seasonality or Recurring Patterns in Exchange Rates
On initial observation, seasonality or clear recurring patterns are not immediately noticeable in this dataset. The exchange rates do not consistently fluctuate in a similar manner around the same time each day or on the same day each week, suggesting that they may not be heavily influenced by traditional financial-market opening and closing times. However, there are some possible indications of minor intra-day patterns that merit further analysis.
3. Outliers in Exchange Rates
There are a few apparent outliers where the exchange rate is significantly different from the majority of data points, such as the rate on 2024-04-10 where the rates increased comparatively more than on the surrounding dates. Another instance is on 2024-04-23 where a notable drop happened. It is unknown what caused these fluctuations. External factors such as market events or shifts in financial policy can cause such changes, but due to the narrow scope of this analysis, it isn't feasible to make that determination.