2024-04-16 Pakistan Rupee News
2024-04-15
Summary of Last Month
- 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
Based on the data provided, there seems to be a rather stable trend in the exchange rates. The rates appear to stay in the range of 0.00494 and 0.00496 across the provided period, with minimal fluctuation. The stability can also be seen on a day-to-day basis as there is little variation in rates within each day.
Seasonality or Recurring Patterns
The data does not show any pronounced seasonal pattern or recurring trend in exchange rates. The values neither consistently increase nor decrease at any specific time within the day. The exchange rates mostly remain stable within a narrow band. This suggests that this exchange rate is probably not significantly impacted by intra-day trading patterns, or it could also indicate a relative balance of buying and selling pressures throughout the day.
Outliers and Unexpected Instances
The data does not exhibit any stark discrepancies or outliers. The exchange rate remains relatively consistent. A minute dip is seen in the rates, changing from 0.00495 to 0.00494, but this is negligible and does not affect the overall trend. All rates fall within a narrow range and there are no data points that significantly deviate from this range.
Summary
In conclusion, the PKR exchange rates over the time period specified exhibit a relatively stable trend with negligible variations. There is no evident seasonality or recurring patterns within the data. The dataset is also devoid of any significant outliers, suggesting a consistent performance of the currency during this period.