2024-05-15 Nepalese Rupee 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
Analysis of NPR Exchange Rate Data
Given the provided data, the following analysis is based on the observed trends, patterns and fluctuations in the given data set.
Overall Trend of Exchange Rates
Over the entire data set, there is a general stability in the exchange rates, with the rate mostly hovering around 0.01024. This stability holds for much of the given time span until around 2024-05-14 04:20:00 when the rate slightly decreases to 0.01023 and later fluctuates downward till it reaches 0.01021 at 2024-05-14 09:00:00. Over the remaining time span until 2024-05-14 20:00:00, the rate rises gradually to 0.01024 again and remains stable till the end of the time series.
Seasonality or Recurring Patterns
From the given data set, there are no clear time-limited recurring patterns or seasonality observed in the exchange rates. The rates show low variability and the fluctuations happen in a random and sporadic manner rather than in a predictable cyclical pattern.
Significant Outliers
No significant outliers are being observed within the given data span. A consistent stability is seen over the entire span with a minimal fluctuation in the rate which can be considered as a natural market movement not an outlier.
Please bear in mind that these findings are purely derived from the given data set and doesn't take into account any external factors such as fiscal policies or significant world events which might impact the exchange rates. A more precise analysis could be possible by cross-referencing with the happenings of such events.
![Stability Defines the NPR Exchange Rates in the Times of Uncertainty](http://currencymart.net/images/news/nepalese-rupee/2024-05-15/img-iB6O7YfVX1Yfq4PUFOLqkipF.webp)