1,000 Som to Malagasy Ariary. Chart, history price and prediction on tomorrow, next month, 2024 year

Price 1,000 Som to Malagasy Ariary based on current data,
received from currency exchange exchanges as of 05 20, 2024, is 50,073 MGA.

How much is 1,000 KGS in MGA?

05 20, 2024
1,000 KGS = 50,073 MGA
▲ 0.2 %
1,000 MGA = 19.97 KGS
1 KGS = 50.07 MGA

Chart of History of price changes 1,000 KGS in MGA

Price statistics 1,000 Som in Malagasy Ariary

For 30 days
Minimum 49,418 MGA
Maximum 50,233 MGA
Weighted Average 49,990 MGA
For 90 days
Minimum 48,662 MGA
Maximum 50,710 MGA
Weighted Average 49,705 MGA
For 365 days
Minimum 48,662 MGA
Maximum 52,061 MGA
Weighted Average 50,661 MGA

Change in the price of 1,000 KGS to MGA in the last 30 days

For the last 30 days (04 21, 2024 — 05 20, 2024) price 1,000 Som against Malagasy Ariary changed by 1.33% (49,418 MGA — 50,073 MGA)

Change in the price of 1,000 KGS to MGA in the last 90 days

For the last 90 days (02 21, 2024 — 05 20, 2024) the price of 1,000 Som against Malagasy Ariary changed by -0.95% (50,552 MGA — 50,073 MGA)

Change in the price of 1,000 KGS to MGA in the last 365 days

For the last 365 days (05 22, 2023 — 05 20, 2024) the price of 1,000 Som against Malagasy Ariary changed by -0.13% (50,140 MGA — 50,073 MGA)

Change in the price of 1,000 KGS to MGA for the entire time

For all the time our site has been running (04 10, 2020 — 05 20, 2024) the price of 1,000 Som against Malagasy Ariary changed by 3.89% (48,200 MGA — 50,073 MGA)

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Price prediction 1,000 Som in Malagasy Ariary

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 1,000 Som in Malagasy Ariary for the next 30 days*

21/05 50,073 MGA ▲ 0 %
22/05 50,324 MGA ▲ 0.5 %
23/05 50,443 MGA ▲ 0.24 %
24/05 50,459 MGA ▲ 0.03 %
25/05 50,665 MGA ▲ 0.41 %
26/05 50,694 MGA ▲ 0.06 %
27/05 50,917 MGA ▲ 0.44 %
28/05 50,917 MGA ▲ 0 %
29/05 50,835 MGA ▼ -0.16 %
30/05 50,850 MGA ▲ 0.03 %
31/05 51,039 MGA ▲ 0.37 %
01/06 50,531 MGA ▼ -1 %
02/06 50,701 MGA ▲ 0.34 %
03/06 50,258 MGA ▼ -0.87 %
04/06 50,294 MGA ▲ 0.07 %
05/06 50,584 MGA ▲ 0.58 %
06/06 50,796 MGA ▲ 0.42 %
07/06 50,932 MGA ▲ 0.27 %
08/06 50,995 MGA ▲ 0.12 %
09/06 50,700 MGA ▼ -0.58 %
10/06 50,735 MGA ▲ 0.07 %
11/06 50,758 MGA ▲ 0.05 %
12/06 50,763 MGA ▲ 0.01 %
13/06 50,821 MGA ▲ 0.11 %
14/06 50,845 MGA ▲ 0.05 %
15/06 50,680 MGA ▼ -0.32 %
16/06 50,956 MGA ▲ 0.54 %
17/06 50,844 MGA ▼ -0.22 %
18/06 50,638 MGA ▼ -0.41 %
19/06 50,763 MGA ▲ 0.25 %

* — The prediction of the price of 1,000 Som in Malagasy Ariary is made by our specialists based on statistical data, global trends and major business news. Price prediction of 1,000 Som in Malagasy Ariary for 30 days, 3 months and a year are made by different experts and may have slight differences.

Prediction of 1,000 Som in Malagasy Ariary for the next 3 months*

27/05 — 02/06 50,445 MGA ▲ 0.74 %
03/06 — 09/06 50,254 MGA ▼ -0.38 %
10/06 — 16/06 50,112 MGA ▼ -0.28 %
17/06 — 23/06 49,093 MGA ▼ -2.03 %
24/06 — 30/06 48,558 MGA ▼ -1.09 %
01/07 — 07/07 48,663 MGA ▲ 0.22 %
08/07 — 14/07 48,809 MGA ▲ 0.3 %
15/07 — 21/07 49,099 MGA ▲ 0.59 %
22/07 — 28/07 49,451 MGA ▲ 0.72 %
29/07 — 04/08 49,317 MGA ▼ -0.27 %
05/08 — 11/08 49,563 MGA ▲ 0.5 %
12/08 — 18/08 49,555 MGA ▼ -0.02 %

Prediction of 1,000 Som in Malagasy Ariary for the next year*

06/2024 49,759 MGA ▼ -0.63 %
07/2024 49,099 MGA ▼ -1.33 %
08/2024 48,918 MGA ▼ -0.37 %
09/2024 49,174 MGA ▲ 0.52 %
10/2024 48,234 MGA ▼ -1.91 %
11/2024 48,210 MGA ▼ -0.05 %
12/2024 49,401 MGA ▲ 2.47 %
01/2025 47,847 MGA ▼ -3.15 %
02/2025 31,674 MGA ▼ -33.8 %
03/2025 42,039 MGA ▲ 32.72 %
04/2025 43,293 MGA ▲ 2.98 %
05/2025 43,190 MGA ▼ -0.24 %

FAQ

What is the price 1,000 KGS in MGA today, 05 20, 2024?

As of today, the price of 1,000 Som to Malagasy Ariary is - 50,073 MGA

What will be the price 1,000 KGS in MGA tomorrow 2024.05.21?

For tomorrow 1,000 Som to Malagasy Ariary exchange rate - 50,073 mga

What will be the price 1,000 KGS in MGA in the next month?

Our analysts have made a detailed prediction price 1,000 Som to Malagasy Ariary 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 1,000 KGS in MGA in the next 3 months?

Our analysts have made a detailed prediction price 1,000 Som to Malagasy Ariary 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 1,000 KGS in MGA in the coming year?

Our analysts have made a detailed prediction price 1,000 Som to Malagasy Ariary 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