Influence of war on currency exchange using Jennrich’s statistics
Bhargavi B1, K Swarupa Rani2
1First Author Name*, TAREQ A. M. ATIANY.
2Second Author Name, Jameel J. Alawneh2 2Faculty of Administrative and Economic Sciences, Al-Quds Open University, Nablus, Palestine.

Manuscript received on November 11, 2019. | Revised Manuscript received on November 20 2019. | Manuscript published on 30 November, 2019. | PP: 10939-10942 | Volume-8 Issue-4, November 2019. | Retrieval Number: D7298118419/2019©BEIESP | DOI: 10.35940/ijrte.D7298.118419

Open Access | Ethics and Policies | Cite  | Mendeley | Indexing and Abstracting
© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (

Abstract: This study investigates the war on Middle East currencies. The Jennrich’s test and Minimum Spanning Tree (MST) are utilized to examination the stability of correlation currencies construction also its reasons, respectively. In this study the degree centrality evaluation was used to filter the knowledge from MST. The results displayed that the war struck Palestine on July 2014 had increased the instability of currencies exchange and made unsteady. As of the control chart, it displays that the currencies are not steady from January 1, 2013 to December 31, 2014. Based on sample data of DEC 2014, from the analysis the JOD and AED are unstable currencies through the others.
Keywords: Correlation Matrix, Jennrich’s Statistic, Stability, Exchange rate.
Scope of the Article: Behaviour of Structures under Seismic Loads.