2024-05-10 Rufiyaa News
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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
1. Overall Trend Analysis
Based on the provided dataset, the overall trend in the MVR exchange rate shows a slight decrease over the time period considered. The rate started at 0.08885 on 2024-05-09 00:00:02 and ended at 0.0886 on 2024-05-09 23:55:00. While there are minute fluctuations throughout different times, the overall trend is slightly downward.
2. Seasonality or Recurring Patterns
Given the 24-hour nature of the provided timestamps, it can be difficult to detect strong patterns within such a small time frame of one day. However, there's a noticeable pattern where the MVR rate tends to decrease slightly in the late evening hours (starting around 2024-05-09 18:00:00) before rising again slightly near the end of the observation period. This pattern suggests a possible daily rhythm in the exchange rates. A more comprehensive dataset encompassing several weeks or months would offer a clearer picture of any seasonality or recurring patterns.
3. Outliers
Looking at the data, there doesn't appear to be a significant range in the observed MVR exchange rates. The rate stays within a narrow band from a maximum of 0.08892 to a minimum of 0.08849. These values don't represent stark deviations from the general trend, suggesting there are few or no notable outliers in this dataset within the period considered.
![light Rise and Drop in MVR Exchange Rate Creates A Stir In The Market"
The last 24-hours have seen a minor but noteworthy fluctuation in the Maldivian Rufiyaa](http://currencymart.net/images/news/rufiyaa/2024-05-10/img-BhyiErQbzuXylyB5qHtgNlwz.webp)