2024-05-22 Sri Lanka Rupee News
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2024-05-21
Summary of Yesterday
- 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 dataset provided spans a single day's worth of time-series financial data. During this period, the exchange rate fluctuated between a low value of 0.00454 and a high value of 0.00455. Notably, these fluctuations occurred within a very narrow range, suggesting that the exchange rate was relatively stable during this period.
Identifying Seasonality or Recurring Patterns
The time period provided in the dataset is insufficient to fully detect any significant seasonality patterns or recurring cycles in the exchange rate progression. Data spanning multiple months or years would be more suited to effective identification of seasonal patterns.
Outlier Analysis
Throughout the data provided, it is evident that there were no significant outline changes in the exchange rates observed. This could be due to a consistent market, lack of market news or economic events influencing the exchange rate during this period.
Conclusion
The provided time-series data indicates a predominantly stable exchange rate for the day in question, with minor fluctuations falling within a very narrow range. No notable outliers were detected, and due to the short time span, no discernible seasonal or recurring patterns could be identified. The analysis performed is confined to the data provided and does not take into consideration any external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. Additional data spanning a longer time period would be required to perform a comprehensive trend, seasonality, and outlier analysis.
![Unexpected Stability in Sri Lankan Rupee Exchange Rates](http://currencymart.net/images/news/sri-lanka-rupee/2024-05-22/img-LHQuFWSnFFBgjmTji6HDYgsc.webp)