2024-05-03 New Israeli Sheqel News
2024-05-02
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 of Exchange Rates
Based on the data provided, there is a general upward trend in the ILS exchange rates within the time series data. The ILS exchange rate has increased from 0.36536 at the start of the dataset to 0.36671 at the end. The highest point reached was 0.36787 while the lowest point was 0.36491. Although there are fluctuations throughout the time period, the overall trend shows an increase in the exchange rate.
Seasonality & Recurring Patterns
In examining the time series data, there does not appear to be a clear seasonal or recurring pattern in the changes of exchange rate. Variations seem more random and less cyclic or predictable. It would require a more in-depth time series analysis to pinpoint any specific recurring patterns, taking into account factors such as annual, quarterly or monthly trends.
Outliers in the Exchange Rate
There are several instances where the exchange rate appears to differ significantly from the overall upward trend within the provided dataset. A few notable instances of sudden drops or increases in the ILS exchange rate could be seen as potential outliers. However, without context or further analysis, it is difficult to definitively classify them as outliers. These potential outliers would require further investigation, potentially considering external economic or financial factors.
In conclusion, while there is a general upward trend in the ILS exchange rate from the start to the end of the dataset, fluctuations can be seen throughout, and no clear seasonal or recurring patterns emerged in this analysis. Additionally, a few potential outlier instances in the exchange rate were identified but would require further investigation.