Currency exchange rate Singapore Dollar against the Somali Shilling. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Singapore Dollar currency exchange rate against the Somali Shilling currency:
currency exchange rate history, background information, prediction and more about SGD/SOS
Chart of History of changes in the SGD/SOS exchange rate
SGD/SOS exchange rate on today
05 20, 2024
1 SGD = 30,351,093 SOS
▼ -6.72 %
This page provides information about the currency pair Singapore Dollar/Somali Shilling, and more precisely about how much 1 Singapore Dollar costs in Somali Shilling.
Data on the currency pair SGD/SOS are presented by the world's leading exchanges and Central banks of the countries that issue these currencies. We constantly update this data so that you get only the most up-to-date information about the currency pair SGD/SOS and make a balanced decision about buying and selling the currency you are interested in.
The page also provides information about the dynamics of the exchange rate of Singapore Dollar/Somali Shilling, statistics and prediction of the exchange rate of these currencies in the near future from our experts.
How to make a forecast for currencies and cryptocurrencies?
There are several approaches to forecasting the exchange rate of currencies and cryptocurrencies:
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Fundamental analysis: This approach involves analyzing economic and financial data to determine the intrinsic value of a currency or cryptocurrency. This can include factors such as interest rates, inflation rates, economic growth, political stability, and fiscal policy. Based on this analysis, investors can make predictions about the future exchange rate.
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Technical analysis: This approach involves analyzing past market data, such as price and volume, to identify patterns and trends that can be used to predict future market movements. Technical analysis can be used to identify support and resistance levels, momentum indicators, and other factors that can influence the exchange rate.
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Sentiment analysis: This approach involves analyzing market sentiment and investor behavior to predict future market movements. Sentiment analysis can include monitoring social media, news articles, and other sources of market sentiment to gauge investor sentiment and predict market movements.
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Machine learning: This approach involves using statistical models and machine learning algorithms to analyze vast amounts of market data and make predictions about future market movements. Machine learning can be used to identify patterns and relationships in market data that might not be visible to the human eye.
In summary, there are several approaches to forecasting the exchange rate of currencies and cryptocurrencies, including fundamental analysis, technical analysis, sentiment analysis, and machine learning. Each approach has its strengths and weaknesses, and investors may use a combination of approaches to make more accurate predictions about future market movements.
Change in the SGD/SOS exchange rate over the past 30 days
For the last 30 days (04 21, 2024 — 05 20, 2024) the Singapore Dollar exchange rate against the Somali Shilling currency changed by 44.53% (21,000,568 SOS — 30,351,093 SOS)
Change in the SGD/SOS exchange rate over the past 90 days
For the last 90 days (02 21, 2024 — 05 20, 2024) the Singapore Dollar exchange rate against the Somali Shilling currency changed by 23.5% (24,575,787 SOS — 30,351,093 SOS)
Change in the SGD/SOS exchange rate over the past 365 days
For the last 365 days (05 22, 2023 — 05 20, 2024) the Singapore Dollar exchange rate against the Somali Shilling currency changed by 186.01% (10,611,983 SOS — 30,351,093 SOS)
Change in the SGD/SOS exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 20, 2024) the Singapore Dollar exchange rate against the Somali Shilling currency changed by 7403787.42% (409.93 SOS — 30,351,093 SOS)
Singapore Dollar/Somali Shilling price prediction
Singapore Dollar/Somali Shilling price prediction for the next 30 days*
21/05 | 30,873,091 SOS | ▲ 1.72 % |
22/05 | 30,915,343 SOS | ▲ 0.14 % |
23/05 | 30,240,058 SOS | ▼ -2.18 % |
24/05 | 33,643,396 SOS | ▲ 11.25 % |
25/05 | 34,701,265 SOS | ▲ 3.14 % |
26/05 | 35,182,368 SOS | ▲ 1.39 % |
27/05 | 36,112,867 SOS | ▲ 2.64 % |
28/05 | 36,034,847 SOS | ▼ -0.22 % |
29/05 | 37,856,244 SOS | ▲ 5.05 % |
30/05 | 39,397,457 SOS | ▲ 4.07 % |
31/05 | 40,012,749 SOS | ▲ 1.56 % |
01/06 | 39,172,036 SOS | ▼ -2.1 % |
02/06 | 39,423,913 SOS | ▲ 0.64 % |
03/06 | 37,196,628 SOS | ▼ -5.65 % |
04/06 | 36,934,484 SOS | ▼ -0.7 % |
05/06 | 35,935,155 SOS | ▼ -2.71 % |
06/06 | 36,169,980 SOS | ▲ 0.65 % |
07/06 | 37,483,701 SOS | ▲ 3.63 % |
08/06 | 38,021,839 SOS | ▲ 1.44 % |
09/06 | 37,034,326 SOS | ▼ -2.6 % |
10/06 | 37,488,757 SOS | ▲ 1.23 % |
11/06 | 37,994,151 SOS | ▲ 1.35 % |
12/06 | 39,231,987 SOS | ▲ 3.26 % |
13/06 | 41,773,194 SOS | ▲ 6.48 % |
14/06 | 41,592,939 SOS | ▼ -0.43 % |
15/06 | 39,838,142 SOS | ▼ -4.22 % |
16/06 | 39,552,682 SOS | ▼ -0.72 % |
17/06 | 39,902,904 SOS | ▲ 0.89 % |
18/06 | 41,473,906 SOS | ▲ 3.94 % |
19/06 | 60,579,475 SOS | ▲ 46.07 % |
* — Price prediction of the Singapore Dollar/Somali Shilling currency pair are compiled by our specialists based on statistical data, global trends and major business news. Price prediction for 30 days, 3 months, and a year are made by different experts and may have slight differences.
Singapore Dollar/Somali Shilling price prediction for the next 3 months*
27/05 — 02/06 | 28,723,725 SOS | ▼ -5.36 % |
03/06 — 09/06 | 16,901,744 SOS | ▼ -41.16 % |
10/06 — 16/06 | 19,060,233 SOS | ▲ 12.77 % |
17/06 — 23/06 | 20,864,682 SOS | ▲ 9.47 % |
24/06 — 30/06 | 23,055,590 SOS | ▲ 10.5 % |
01/07 — 07/07 | 22,954,875 SOS | ▼ -0.44 % |
08/07 — 14/07 | 32,031,133 SOS | ▲ 39.54 % |
15/07 — 21/07 | 29,410,137 SOS | ▼ -8.18 % |
22/07 — 28/07 | 34,027,890 SOS | ▲ 15.7 % |
29/07 — 04/08 | 33,465,782 SOS | ▼ -1.65 % |
05/08 — 11/08 | 38,503,570 SOS | ▲ 15.05 % |
12/08 — 18/08 | 63,754,942 SOS | ▲ 65.58 % |
Singapore Dollar/Somali Shilling price prediction for the next year*
06/2024 | 26,736,302 SOS | ▼ -11.91 % |
07/2024 | 33,142,903 SOS | ▲ 23.96 % |
08/2024 | 44,622,158 SOS | ▲ 34.64 % |
09/2024 | 48,745,305 SOS | ▲ 9.24 % |
10/2024 | 116,587,897 SOS | ▲ 139.18 % |
11/2024 | 97,279,376 SOS | ▼ -16.56 % |
12/2024 | 68,185,297 SOS | ▼ -29.91 % |
01/2025 | 93,390,365 SOS | ▲ 36.97 % |
02/2025 | 68,446,578 SOS | ▼ -26.71 % |
03/2025 | 48,116,264 SOS | ▼ -29.7 % |
04/2025 | 83,615,509 SOS | ▲ 73.78 % |
05/2025 | 117,403,681 SOS | ▲ 40.41 % |
Singapore Dollar/Somali Shilling exchange rate statistics
For 30 days | |
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Minimum | 22,170,462 SOS |
Maximum | 424.98 SOS |
Weighted Average | 20,704,233 SOS |
For 90 days | |
Minimum | 12,985,702 SOS |
Maximum | 429.84 SOS |
Weighted Average | 16,426,519 SOS |
For 365 days | |
Minimum | 10,641,889 SOS |
Maximum | 433.55 SOS |
Weighted Average | 16,869,712 SOS |
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