2 Nakfa to Somali Shilling. Chart, history price and prediction on tomorrow, next month, 2024 year

Price 2 Nakfa to Somali Shilling based on current data,
received from currency exchange exchanges as of 05 15, 2024, is 345,815,382 SOS.

How much is 2 ERN in SOS?

05 15, 2024
2 ERN = 345,815,382 SOS
▼ -0.62 %
2 SOS = 0 ERN
1 ERN = 172,907,691 SOS

Chart of History of price changes 2 ERN in SOS

Price statistics 2 Nakfa in Somali Shilling

For 30 days
Minimum 4,028,861 SOS
Maximum 346,038,399 SOS
Weighted Average 166,296,270 SOS
For 90 days
Minimum 2,304,400 SOS
Maximum 346,038,399 SOS
Weighted Average 136,202,673 SOS
For 365 days
Minimum 1,890,665 SOS
Maximum 346,038,399 SOS
Weighted Average 73,657,058 SOS

Change in the price of 2 ERN to SOS in the last 30 days

For the last 30 days (04 16, 2024 — 05 15, 2024) price 2 Nakfa against Somali Shilling changed by 8.06% (320,021,184 SOS — 345,815,382 SOS)

Change in the price of 2 ERN to SOS in the last 90 days

For the last 90 days (02 16, 2024 — 05 15, 2024) the price of 2 Nakfa against Somali Shilling changed by 102.51% (170,762,316 SOS — 345,815,382 SOS)

Change in the price of 2 ERN to SOS in the last 365 days

For the last 365 days (05 17, 2023 — 05 15, 2024) the price of 2 Nakfa against Somali Shilling changed by 559.28% (52,453,297 SOS — 345,815,382 SOS)

Change in the price of 2 ERN to SOS for the entire time

For all the time our site has been running (04 10, 2020 — 05 15, 2024) the price of 2 Nakfa against Somali Shilling changed by 446403994.71% (77.47 SOS — 345,815,382 SOS)

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Price prediction 2 Nakfa in Somali Shilling

Ways to predict the exchange rate and cryptocurrencies. 

  1. Technical analysis: This method uses past price and volume data to try to identify patterns that can indicate future price movements. Traders and investors use technical indicators, such as moving averages, MACD, RSI, and candlestick charts, to analyze the market and predict future trends. For example, if the price of Bitcoin has been trading in a range for a while, and then breaks out above a key resistance level, traders may expect the price to continue rising.

  2. Fundamental analysis: This method looks at underlying economic and financial factors to try to determine the intrinsic value of an asset. Fundamental analysis includes analyzing financial statements, economic indicators, news events, and other factors that can affect the supply and demand of an asset. For example, if a country's central bank raises interest rates, the currency of that country may appreciate against other currencies.

  3. Sentiment analysis: This method uses social media and other sources to gauge market sentiment and investor psychology. Traders and investors use sentiment analysis to try to identify trends and potential turning points in the market. For example, if there is a lot of negative news and sentiment surrounding a particular cryptocurrency, traders may expect the price to decline.

  4. Machine learning and AI: This method uses algorithms and statistical models to analyze large amounts of data and make predictions about future price movements. Machine learning algorithms can learn from past data and adjust their predictions as new data becomes available. For example, a machine learning algorithm could analyze past price data, news articles, social media sentiment, and other factors to make predictions about the future price of a particular cryptocurrency.

Prediction of 2 Nakfa in Somali Shilling for the next 30 days*

16/05 345,453,386 SOS ▼ -0.1 %
17/05 296,339,498 SOS ▼ -14.22 %
18/05 295,673,195 SOS ▼ -0.22 %
19/05 293,780,167 SOS ▼ -0.64 %
20/05 300,763,963 SOS ▲ 2.38 %
21/05 324,616,522 SOS ▲ 7.93 %
22/05 339,571,513 SOS ▲ 4.61 %
23/05 332,741,520 SOS ▼ -2.01 %
24/05 340,510,909 SOS ▲ 2.33 %
25/05 354,144,053 SOS ▲ 4 %
26/05 367,634,422 SOS ▲ 3.81 %
27/05 358,486,755 SOS ▼ -2.49 %
28/05 341,232,314 SOS ▼ -4.81 %
29/05 334,362,441 SOS ▼ -2.01 %
30/05 327,884,295 SOS ▼ -1.94 %
31/05 314,623,238 SOS ▼ -4.04 %
01/06 319,518,594 SOS ▲ 1.56 %
02/06 330,911,603 SOS ▲ 3.57 %
03/06 324,972,718 SOS ▼ -1.79 %
04/06 340,204,172 SOS ▲ 4.69 %
05/06 353,423,172 SOS ▲ 3.89 %
06/06 425,102,226 SOS ▲ 20.28 %
07/06 457,690,059 SOS ▲ 7.67 %
08/06 433,164,567 SOS ▼ -5.36 %
09/06 414,538,984 SOS ▼ -4.3 %
10/06 414,053,437 SOS ▼ -0.12 %
11/06 410,794,599 SOS ▼ -0.79 %
12/06 411,100,558 SOS ▲ 0.07 %
13/06 407,470,822 SOS ▼ -0.88 %
14/06 829,369,303 SOS ▲ 103.54 %

* — The prediction of the price of 2 Nakfa in Somali Shilling is made by our specialists based on statistical data, global trends and major business news. Price prediction of 2 Nakfa in Somali Shilling for 30 days, 3 months and a year are made by different experts and may have slight differences.

Prediction of 2 Nakfa in Somali Shilling for the next 3 months*

20/05 — 26/05 340,257,731 SOS ▼ -1.61 %
27/05 — 02/06 281,725,811 SOS ▼ -17.2 %
03/06 — 09/06 427,789,847 SOS ▲ 51.85 %
10/06 — 16/06 493,384,671 SOS ▲ 15.33 %
17/06 — 23/06 472,214,597 SOS ▼ -4.29 %
24/06 — 30/06 504,158,488 SOS ▲ 6.76 %
01/07 — 07/07 498,118,906 SOS ▼ -1.2 %
08/07 — 14/07 491,006,295 SOS ▼ -1.43 %
15/07 — 21/07 487,749,968 SOS ▼ -0.66 %
22/07 — 28/07 508,512,068 SOS ▲ 4.26 %
29/07 — 04/08 549,630,321 SOS ▲ 8.09 %
05/08 — 11/08 1,056,274,482 SOS ▲ 92.18 %

Prediction of 2 Nakfa in Somali Shilling for the next year*

06/2024 331,696,450 SOS ▼ -4.08 %
07/2024 483,246,069 SOS ▲ 45.69 %
08/2024 514,736,736 SOS ▲ 6.52 %
09/2024 619,129,903 SOS ▲ 20.28 %
10/2024 1,096,571,935 SOS ▲ 77.12 %
11/2024 958,487,331 SOS ▼ -12.59 %
12/2024 722,324,187 SOS ▼ -24.64 %
01/2025 875,159,569 SOS ▲ 21.16 %
02/2025 1,116,138,546 SOS ▲ 27.54 %
03/2025 1,767,750,767 SOS ▲ 58.38 %
04/2025 1,748,632,500 SOS ▼ -1.08 %
05/2025 4,074,714,516 SOS ▲ 133.02 %

FAQ

What is the price 2 ERN in SOS today, 05 15, 2024?

As of today, the price of 2 Nakfa to Somali Shilling is - 345,815,382 SOS

What will be the price 2 ERN in SOS tomorrow 2024.05.16?

For tomorrow 2 Nakfa to Somali Shilling exchange rate - 345,453,386 sos

What will be the price 2 ERN in SOS in the next month?

Our analysts have made a detailed prediction price 2 Nakfa to Somali Shilling for the next month. You can see it by this link. For your convenience, it is broken down by day. Please note that this is only an approximate prediction and actual data may vary.

What will be the price 2 ERN in SOS in the next 3 months?

Our analysts have made a detailed prediction price 2 Nakfa to Somali Shilling for the next quarter. You can see it by this link. For your convenience, it is broken down by week. Please note that this is only an approximate prediction and actual data may vary.

What will be the price 2 ERN in SOS in the coming year?

Our analysts have made a detailed prediction price 2 Nakfa to Somali Shilling for the next year ahead. You can see it by this link. For your convenience, it is broken down by month. Please note that this is only an approximate prediction and actual data may vary.

Our expert

All forecasts on our website are made by our professional financial experts. Here are just a few of them:

Anthony Carter Anthony Carter CEO, lead analyst
David Bailey David Bailey Managing Director, Director of research Department
Anthony Glenn Anthony Glenn Deputy head of analytical Department
Joseph Hensley Joseph Hensley Senior analyst, markets and equities Department