2024-04-19 Sri Lanka Rupee News
2024-04-18
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. Understanding the overall trend of the exchange rates
The overall trend of the exchange rates from the data you provided exhibits relatively little fluctuation. The rates hover closely around 0.00457, with minor exceptions dropping to 0.00456 at certain points. It is worthy of note, however, that while the change may seem insignificant, when dealing with large amounts of currency, even such a small fluctuation could have a substantial impact.
2. Identifying seasonality and recurring patterns in the changes of exchange rates
At a glance, the data does not suggest any obvious seasonality or recurring patterns in the exchange rates. The rate predominantly remains at 0.00457 across different times, with some minor decreases to 0.00456 in between. A more sophisticated statistical analysis may reveal subtle patterns that cannot be discerned from a simple review of the data.
3. Outliers in the data
Considering the consistency of the exchange rate throughout the dataset, we could consider the instances where the rate drops to 0.00456 as outliers. However, given their relative frequency and the lack of any instances where the rate significantly deviates from the 0.00456 - 0.00457 range, they could also be merely a part of the slight fluctuation in the data rather than significant outliers.