2024-04-16 New Israeli Sheqel News
2024-04-15
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 in Exchange Rates
Based on the dataset provided, the range of the exchange rates is between approximately 0.366 and 0.370. The exchange rate initially increased from 0.364 to about 0.370 within the first half of the given time period. It reached its peak around the 5-hour mark, then declined slightly heading towards the end. The rate fluctuated within a narrow band of 0.037, suggesting a relatively stable rate during the examined period.
Seasonality and Recurring Patterns
While there's no obvious cyclical or seasonal pattern within the data provided, the exchange rate shows predominantly small variations within a fairly stable range. It's important to consider, however, that the duration covered by the dataset is just a single day. This limits the ability to make broader conclusions about potential daily, weekly, or monthly seasonal patterns which might become evident over a longer period of time.
Outliers and Anomalies
As the exchange rate remained within a relatively narrow range throughout the dataset, there are no significant outliers or anomalous values that deviate substantially from the expected value based on the trend or seasonality. The absence of unexpected outliers suggests that most of the movements during this time can be attributed to normal market fluctuations rather than exceptional events.
Note: It is important to mention that this analysis is an initial interpretation based solely on the numerical data provided. Economic and financial analyses would generally benefit from the integration of additional external factors, such as market conditions, news, and international events, which are beyond the scope of this data-driven analysis.
