2024-05-16 New Israeli Sheqel News
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2024-05-15
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Overall Trend of Exchange Rates
The overall trend of the ILS exchange rate for the given interval seems to remain relatively stable with just some slight fluctuations. It started at 0.36919 and concluded at 0.37052. Therefore, despite the peaks and valleys in between, such as 0.36834 at 2024-05-15 00:15:02 and 0.3714 at 2024-05-15 09:15:03, it did not experience significant devaluation or appreciation. This stability appears to indicate a relatively stable economic environment during this window.
2. Seasonality or Recurring Patterns
From the data provided, it's hard to identify any apparent seasonal or recurring patterns due to the short timeframe covered (only within a day) and the relative stability of the exchange rates. Generally, such patterns might be more evident when analyzing data over a broader timeline that encompasses multiple months or years, as it might then reveal effects related to economic cycles, fiscal policies, and other recurring factors.
3. Outliers in the Exchange Rates
There are few minor peaks and valleys in the data that could be considered as outliers based on the overall stability in the observed exchange rates. For example, there were a few times during which the ILS rate went above 0.371 (like 0.37131 at 2024-05-15 09:00:04) and below 0.369 (like 0.36875 at 2024-05-15 05:10:02). However, these translate into very minor fluctuations in the grand scheme of things and soon reverted back to the general level, indicating that these could be temporary market reactions to transient factors rather than symptomatic of broader economic trends.
![ILS Exchange Rate Witnesses Noteworthy Fluctuations in 12 Hours Window](http://currencymart.net/images/news/new-israeli-sheqel/2024-05-16/img-ldH4O2IDFCG2YX24nozzWT4z.webp)