2024-05-14 Sri Lanka Rupee 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 of the Exchange Rates
Examining the given data, we observe that the exchange rate (LKR) predominantly remains stable at 0.00457. This recording is consistent across various timestamps on the 13th of May, 2024. Thus, the data suggests a generally stable trend of LKR during this 24-hour timespan.
Seasonality and Recurring Patterns
Seasonality or recurring patterns typically involve certain trends repeating at regular intervals. However, in the given data, we don't observe any discernable seasonality or recurring pattern. The exchange rate seems to stabilize at 0.00457 and does not demonstrate any consistent fluctuations that could indicate a pattern or seasonality. However, further data for a longer period or data at more frequent intervals might be needed to analyze the seasonality in a more precise manner.
Outliers in the Data
Outliers are data points which significantly deviate from the other observations. In this dataset, there are no apparent outliers. The LKR exchange rate is consistent throughout the time series data provided for the 13th of May, 2024.
Given the close consistency of the exchange rate across the timestamps, it might be of value to introduce additional variables or considerations for an in-depth analysis. While this analysis does not consider external factors like market opening/closing hours, weekends/holidays, or the release of key financial news and reports, incorporating them could potentially illuminate more nuanced dynamics related to the exchange rate.
![Slight Elevation in LKR Exchange Rate Observed Amidst Consistent Stability](http://currencymart.net/images/news/sri-lanka-rupee/2024-05-14/img-OzKG1OhBnvVhrWseG7zU0y2x.webp)