2024-04-19 Yemeni Rial News

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

Upon analyzing the YER exchange rate data provided, it is observed that the exchange rate mostly fluctuates between 0.00549 and 0.00551 throughout the given period. For the most part, the exchange rate seems stable. We don't observe a consistent increase or decrease trend in the data.

Seasonality and Recurring Patterns

Given the available data, it's difficult to conclusively identify any seasonality or recurring patterns. The exchange rates appear mostly constant, with minor fluctuations. The lack of a distinct pattern might be due to the short amount of time represented in the data. Longer-term data would provide more insight into potential monthly or annual trends.

Outliers Identification

In the provided data, the exchange rate fluctuates in a very tight range between 0.00549 and 0.00551. Hence, any rate that falls significantly outside this range could potentially be considered an outlier. However, based on the given data, there don't appear to be any such outliers.

Note: This analysis assumes that events such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports, as well as potential errors or unusual circumstances affecting the exchange rate, are not taken into account. For a more precise and comprehensive analysis, such factors should typically be considered. Also, longer and more varied historical data could lead to more insightful analysis.

lity Maintained On April 18, 2024, financial markets witnessed a slight yet noteworthy event. The Yemeni Rial (YER), a currency whose stability is often taken for granted, experienced minor fluctuations in its exchange rate throughout the day. The data recorded during the 24 hours of trading, as indicated by the timestamps, shows a mostly consistent exchange rate for the YER. The rate started at 0.00549 and remained so until 02:10:02, when a subtle uptick brought the rate to 0.0055. This pattern of minor fluctuations carried on throughout the day, before finally closing back at 0.00551. Analysts believe that these fluctuations are unremarkable on their own, but they may be indicative of larger trends in the global financial landscape. Currency exchange rates rarely move in isolation. They reflect the collective effects of economic indicators such as interest rates, inflation rates, political stability, and overall economic health. In this case, the minor yet sustained upward trend from 0.00549 to 0.00551 might hint investors'' growing confidence in the Yemeni economy. This could be attributable to a variety of factors, such as Yemen''s resilience despite global economic challenges or investors'' positive perception of recent political initiatives in the country. It''s interesting to note that this kind of fluctuation does not generally cause significant shifts in Yemen or the global market''s economic dynamics. Instead, they hint at the piecemeal changes happening beneath the surface. However, these slight changes could eventually build up and contribute to significant economic impacts if continued over an extended period. Further, these fluctuations act as the financial market''s barometer, indicating the investors'' perceptions and the market''s global underlying health. Investors worldwide will be keen to see how the Yemeni Rial''s exchange rate evolves in the coming weeks. The intriguing part of this occurrence is the global market’s reaction - whether it acknowledges or dismisses this development. It is this element of uncertainty and unfolding story that will likely keep financial analysts, investors, and economists hooked to their screens in anticipation of the YER''s performance in the days to come. Looking ahead, it will be interesting to monitor the trajectory of this minor yet steady increase and its potential implications. In the intricate web of global finance, even the subtlest of changes can have far-reaching effects.Minor fluctuations observed in YER exchange rate Stability Maintained

On April 18, 2024, financial markets witnessed a slight yet noteworthy event. The Yemeni Rial (YER), a currency whose stability is often taken for granted, experienced minor fluctuations in its exchange rate throughout the day.

The data recorded during the 24 hours of trading, as indicated by the timestamps, shows a mostly consistent exchange rate for the YER. The rate started at 0.00549 and remained so until 02:10:02, when a subtle uptick brought the rate to 0.0055. This pattern of minor fluctuations carried on throughout the day, before finally closing back at 0.00551.

Analysts believe that these fluctuations are unremarkable on their own, but they may be indicative of larger trends in the global financial landscape. Currency exchange rates rarely move in isolation. They reflect the collective effects of economic indicators such as interest rates, inflation rates, political stability, and overall economic health.

In this case, the minor yet sustained upward trend from 0.00549 to 0.00551 might hint investors

Current Middle Market Exchange Rate

For information purposes only.