2024-05-22 Pakistan Rupee News
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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
Understanding the Overall Trend
Upon examining the dataset, the overall trend of the exchange rates seems to be relatively stable. The exchange rate showed very minor changes between timestamps. Most rates are around 0.0049. However, there is a slight dip towards the middle of the dataset where the rates go down to 0.00489. Towards the end, the rates exhibit a slight rise up to 0.00491 but then return to the previously observed figure of 0.0049. There do not appear to be any drastic increases or decreases over the period shown in the dataset.
Identifying Seasonality
In terms of seasonality or recurring patterns, the dataset does not provide an evident pattern. As with many financial datasets, there is a high likelihood of complex factors influencing these rates, and any possible seasonal patterns may be subtle and would require deeper analysis and potentially supplementary data to discern. However, based on this dataset alone, a distinct repeatable pattern cannot be identified.
Outliers in Data
Regarding outliers in the dataset, there do not appear to be any instances where the exchange rate differs significantly from the trend. The rates maintain a fairly narrow band between 0.00489 and 0.00491, and no single data point steps outside this range. Therefore, there aren't any demonstrable outliers in this dataset based on the rates alone. Any significant deviation from these observed rates in future or past data can potentially be considered an anomaly.
![Unwavering Stability Dominates PKR Exchange Rate](http://currencymart.net/images/news/pakistan-rupee/2024-05-22/img-3qNzWx5JDPncj8IWEBi5WcBf.webp)