2024-05-14 New Israeli Sheqel News

Summary of Last Month

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:


Overall Trend Analysis

Observing the provided dataset's chronological order, the trend of the ILS (Israeli Shekel) exchange rate appears to be relatively stable. The highest observed exchange rate was 0.36813, and the lowest was 0.36622. These numbers suggest minimal fluctuation in the exchange rate.

Seasonality Analysis

The data provided does not seem to exhibit a clear pattern of seasonality. Given that data points are provided at five-minute intervals, it's difficult to identify specific daily, weekly, or monthly trends without additional data or context.

Outliers Analysis

We don't see an exceptional value that stands out from the rest, suggesting that there aren't significant outliers in this dataset. All rates sit between a very tight range, i.e., between 0.36622 and 0.36813.

Should you need deeper insights, we would recommend further analysis using more advanced statistical methods and considering external factors such as key financial news, market opening/closing hours, and other factors. However, you have specifically asked not to include them in this analysis.

urs In a recent turn of events, data points released on May 13, 2024, show that the Israeli New Shekel (ILS) has been experiencing minor fluctuations, indicating a generally stable exchange rate over a 24-hour period. The temporal data demonstrates how the ILS exchange rate has been navigating through the global currency market within the specified timeframe. Beginning at midnight, the ILS started at a rate of 0.36693. It performed modestly throughout the early hours, peaking at a rate of 0.36813 at 7:40 am. However, by the end of the period under review (11:59 pm), it pulled back to a rate of 0.36758. These marginal changes reflect the overall stable outlook for the ILS against its trading partners. The data suggests a typically understated day in the currency market for the ILS, experiencing less volatility compared to other major global currencies. Such stability in exchange rates can often be perceived as a reflection of economic steadiness. In the fast-paced financial world, frequent and significant currency fluctuations usually indicate uncertainty or drastic changes in an economy. Therefore, this relatively calm day for the ILS might signify investor confidence in the stability of the Israeli economy at the time. It is worth noting that the foreign exchange market is one of the most crucial determinants of a country''s economic health. Exchange rates play a significant role in a country''s level of trade crucial to most free market economies globally. Indeed, currency valuation affects the overall economic scenario, trade policies, inflation rate, and many more aspects. Moreover, the trend seen in the ILS exchange rate over the 24 hour period could signify a continued pattern and hover around these figures in the near future, barring any unforeseen macroeconomic events or policy changes. Looking ahead, experts, investors, and stakeholders should closely monitor the ILS exchange rate on both a micro and macro level. The role of global economic events, Israel''s domestic economic health, government policy interventions, and market sentiment, among others, will play a pivotal role in shaping the future value of the ILS. To conclude, while the observed minor fluctuations in the ILS''s value might seem insignificant in isolation, they contribute to a broader picture of economic vitality and stability. For future implications, investors should be keen on observing how this pattern evolves and what it means in a larger economic context.ILS Exchange Rates Exhibit Minor Fluctuations Over 24 Hours

Current Middle Market Exchange Rate

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