NPR maintains stability as exchange rates remain steady for the day
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. Overall Trend:
Based on the provided dataset, the exchange rate(NPR) seems to remain fairly stable throughout each time period. Although there is a slight fluctuation, it is generally slight, indicating a lack of major changes or shocks influencing the rate within the given timeframe. The rate generally maintains around 0.01022 - 0.01025, indicating a consistent stability in the exchange rate.
2. Seasonality:
Upon initial examination of the dataset, there isn't a clear seasonal or recurring pattern visible in the exchange rates. The rates seem stable and don't demonstrate noticeable peaks or troughs that would indicate a seasonal trend in the data. This may suggest that NPR exchange rates are driven more by other dynamic factors than by regular, cyclical patterns.
3. Outliers:
In the context of this data set, outliers are the data points that significantly deviate from the pattern displayed by other data points. In this dataset, because the exchange rate remains relatively stable for the vast majority of timestamps, any exchange rate that significantly differs from the 0.01022 - 0.01025 range can be considered as an outlier. However, based on the given data, no such significant deviations were observed.
