2024-05-09 Rufiyaa News
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2024-05-08
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
By analyzing the provided dataset, an overall trend in exchange rates is observed. The exchange rate (MVR) in the given period does not vary widely, staying within the range of 0.08874 - 0.08902. There's no blatant increasing or decreasing trend in the data. The rate mostly fluctuates around the 0.08890 mark, indicating a relatively stable foreign exchange market within these timestamps.
Seasonality or Recurring Patterns
Based on the time series data provided, there does not appear to be any clear seasonality or recurring patterns in the changes of exchange rates within the given timestamps. The fluctuations are fairly random, and no automatic wave-like pattern can be discerned. However, a more in-depth analysis might reveal patterns over a longer time frame or specific conditions.
Identification of Outliers
Based on the dataset provided, no significant outliers have been detected. This means that there are no instances where the exchange rate fluctuates significantly from the expected value based on the overall trend observed. All values lie between 0.08874 and 0.08902, indicating the absence of extreme variations and suggesting consistency in the exchange rates during this period.
![Unprecedented Stability Observed in MVR Exchange Rates on May 8, 2024](http://currencymart.net/images/news/rufiyaa/2024-05-09/img-uCCrXYZ5S88kAVSnPKPty0iD.webp)