2024-05-17 Nepalese Rupee News
2024-05-16
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 of exchange rates
Looking at the NPR exchange rate over the provided period, it is observed that it remained relatively stable. The rate started and ended around 0.01019. There were minor fluctuations across the period, with the least exchange rate recorded at 0.01019 and the highest recorded at 0.01029. Thus, the exchange rate did not show a clear increasing or decreasing trend over this period.
Seasonality or recurring patterns
In terms of seasonality or recurring patterns, due to lack of a distinct upward or downward trend, it's hard to derive any clear evidence of seasonality in the exchange rate. The fluctuations in the rates did not seem to follow a visible daily or hourly pattern.
Outliers in the data
Outliers are data points that deviate significantly from the other observations. An outlier could indicate a momentary spike or dip in the exchange rate. It's important to take them into account because they can provide insight into what factors might cause such aberrations. In this dataset, there doesn't appear to be any significant outliers, with all values falling within a very narrow range (0.01019 - 0.01029). The exchange rates remained remarkably consistent throughout the period.
All these findings are based on the data set and the periods provided and could vary if we consider a different time period or introduce other influencing factors.
