2024-05-15 Lithuanian Litas News
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2024-05-14
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Understanding the Overall Trend of the Exchange Rates
For this dataset spanning a single day, the overall trend of LTL exchange rates appears to show a mild decrease. The rate starts the day at 0.46328, peaks at 0.46338, and repeatedly intersects with the 0.46300 level throughout the rest of the day. The trend suggests an overall bearish movement.
2. Identifying any Seasonality or Recurring Patterns
From the data provided, within the given day, no specific seasonal or recurring patterns can be identified. It would require more extensive data, spanning over a longer period and ideally including multiple full cycles (e.g., multiple weeks, months, or years), to draw any conclusions about seasonality or recurring patterns with confidence.
3. Noting any Outliers
There do not appear to be any significant outliers in this dataset. By definition, an outlier is a data point that deviates significantly from other similar points. To quantify this, typically we look for data points beyond 1.5 times the interquartile range above the third quartile or below the first quartile. None of the values presented in this dataset behave in this way. All values are within a relatively narrow range of approximately 0.46171 to 0.46338.
Please note, these conclusions cannot take into account unexpected events that might affect the exchange rate, such as financial news or changes in economic policy. To consider those factors, we would need an additional dataset describing these events and their times.
4. Consideration of External Factors
As per your instruction, no external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports have been taken into account in this analysis. However, please note that these external factors can significantly impact the foreign exchange market and alter the behavior of exchange rates.
![LTL Exchange Rate Presents Mild Fluctuations In 24 Hour Run](http://currencymart.net/images/news/lithuanian-litas/2024-05-15/img-xrw5ZTCnAvVuxSHUHhMnrewm.webp)