2024-05-07 Sri Lanka Rupee News
2024-05-06
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 of the Exchange Rates
From the data provided above, we can observe that the exchange rate (LKR) has shown a high level of constancy over the duration displayed. The data shows that the exchange rate fluctuates between 0.0046 and 0.00461, showcasing a small level of variation. The general trend over this period seems to be very stable, with no large-scale increase or decrease being evident. Thus, it can be concluded that the exchange rate has largely remained steady, with only slight fluctuations occurring.
Seasonality and Recurring Patterns in Exchange Rates
Given the nature of the data provided, no clear seasonal or recurring pattern can be directly observed in the exchange rates. The rates remain fairly constant throughout the given time frame. Additional data would be needed to establish yearly or monthly patterns with higher accuracy. There are also no clear daily patterns visible in the data.
Outliers and Unexpected Variance in Exchange Rates
The dataset seems to be quite stable and no significant outliers can be noticed. There are no instances where the exchange rate differs significantly from the general trend. This observation further strengthens the viewpoint that the exchange rates have remained largely stable over the given time frame.
To summarize, the exchange rate has shown a high level of stability over the duration portrayed in the data. There are no clear seasonal patterns or significant outliers in the data, suggesting a relatively steady economic environment during this period.