2024-05-22 Loti News
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2024-05-21
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend Analysis
The overall trend of the exchange rates from the provided data suggests a very minor fluctuation with a slight increase. The exchange rate started from 0.07501 at beginning and ended at 0.07542 which suggests a minute appreciation in the currency exchange rate over the period sampled.
Trend Seasonality and Recurring Patterns
In terms of seasonality or recurring pattern in the given exchange rates, it is not possible to generate a comprehensive assessment without more background information or external context as given data represents a very short period of time and no specific patterns can be visually observed from the data provided. It is important to note that foreign exchange rates are influenced by a myriad of macro-economic factors and are inherently volatile and non-linear time series data.
Outliers in the Dataset
Our inspection of the data did not reveal any significant outliers. The exchange rates range from a minimum of 0.07489 to a maximum of 0.07548 which is a negligible difference and doesn't represent any prominent disparity in this scenario. However, it is important to note that slight fluctuations in exchange rates are a normal part of financial market movements and a more in-depth inspection might require sophisticated statistical techniques.
Conclusion from the Analysis
The dataset provided indicates the changes in exchange rate over a specified timestamp. From the data analysis, it is observed that there is a very minor appreciation in the exchange rate. However, no discernible trend in terms of any recurring pattern or seasonal influence can be ascertained from the given data. The range of fluctuation is quite small which doesn't indicate any significant outliers. In the given scenario, the data points to a relatively stable exchange rate over the observed time period.
![Minor Fluctuations Signal Stability in LSL Exchange Rates](http://currencymart.net/images/news/loti/2024-05-22/img-rEmDcEKs9FpUITF0clQaZ22J.webp)