2024-05-14 Rufiyaa News
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2024-05-13
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 Analysis
The analysis of the time series data suggests that the exchange rates of MVR have remained relatively stable over the period shown in the dataset. There are subtle fluctuations observed in the exchange rate, but they do not translate to a discernible overall increasing or decreasing trend. The exchange rates vary within a small range of 0.08846 to 0.08858, signifying a stable exchange rate over the period.
Identification of Seasonality or Recurring Patterns
The dataset does not exhibit any notable seasonality or recurring patterns in the change of exchange rates. The data points seem to be uniformly distributed across all times of the day, and there is no discernible pattern repeating at specific intervals. Any minor fluctuations that occur do not exhibit a recurrent nature, pointing to the possibility that these may be random fluctuations rather than a deterministic pattern in the exchange rate.
Outliers Analysis
Given the stability of the exchange rates presented in the data over time, there do not appear to be any significant outliers. An outlier would be a rate that significantly deviates from the observed range of 0.08846 to 0.08858. No such deviations are evident in the dataset provided. Therefore, it seems like there are not any outliers that would need additional investigation or analysis.
![24-hour MVR Exchange Rate Remarkably Stable with Minute Fluctuations](http://currencymart.net/images/news/rufiyaa/2024-05-14/img-g4grKinBnzn5zE2wPLHQEPdZ.webp)