2024-05-10 Pakistan Rupee News
2024-05-09
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 the Exchange Rates
The exchange rate of PKR shows a relatively stable trend throughout the given dataset. Initially, the exchange rate is recorded as 0.00493 and after a variety of negligible fluctuations, it ends at the same rate. The trend does show a minor increase to the exchange rate of 0.00494 but it soon falls back to the starting figure of 0.00493. Thus, it can be inferred that there is no significant change in exchange rates over the provided period.
Identifying Seasonality or Recurrence
Considering the provided dataset, no clear seasonality or recurrence can be observed in the exchange rate. The exchange rate most frequently fluctuates between 0.00492 and 0.00493, with minor and inconsistent deviations to 0.00494. However, these changes do not hint towards a regular or seasonal pattern. Therefore, it's safe to say that the dataset does not present any definite seasonality or recurrence in the exchange rate.
Noting Outliers
The dataset registers very minor fluctuations and there is no significant deviation observed in the exchange rates. With the rates mostly fluctuating between 0.00492 to 0.00494, no outlier can be detected. Generally, in the financial domain, an outlier would represent a drastic or unexpected swing in the exchange rates, which is not evident in the data given. Thus, all values seem to be in line with the general trend, and no potential outliers are detected.