2024-05-22 Mauritius Rupee 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
---1. Understanding the overall trend of the exchange rates
Our initial observation of the data suggests that the exchange rates have remained relatively stable over the given period. There is a slight fluctuation throughout this period, with a few times when the rates increased or decreased but without sharp peaks or troughs.
2. Identifying any seasonality or recurring patterns in the changes of exchange rates
Analysis of the data did not reveal an obvious seasonality trend or recurring pattern in the changes in exchange rates. This could be due to the nature of the financial market and various factors affecting it, including trading volume, inflation rates, political stability, economic performance, among others.
3. Outliers and significant differences from expected trends or seasonalities.
There are a few instances where the exchange rates differ slightly than what might be expected based on previous data. However, these are sporadic and do not seem to represent any significant outliers. Absence of any major spikes or falls suggests that the data is free from significant anomalies and outliers.
Summary
To sum up, the MUR exchange rate data over the given timespan shows minor fluctuations but no significant change, increase, or decrease. Also, there's no significant seasonality trend or recurring patterns observed. The absence of any major unexpected variances indicates the data is fairly stable and free from significant anomalies.
---![Unexpected Rise in MUR Exchange Rates Shakes Up Market](http://currencymart.net/images/news/mauritius-rupee/2024-05-22/img-Niiqv2jLr4SuLE0aDA1WnDIe.webp)