500 Malagasy Ariary to SONM. Chart, history price and prediction on tomorrow, next month, 2024 year

Price 500 Malagasy Ariary to SONM based on current data,
received from currency exchange exchanges as of 06 16, 2024, is 85.4537 SNM.

How much is 500 MGA in SNM?

06 16, 2024
500 MGA = 85.4537 SNM
▼ -12.41 %
500 SNM = 2,926 MGA
1 MGA = 0.17090748 SNM

Chart of History of price changes 500 MGA in SNM

Price statistics 500 Malagasy Ariary in SONM

For 30 days
Minimum 52.6532 SNM
Maximum 120.96 SNM
Weighted Average 91.1079 SNM
For 90 days
Minimum 37.3218 SNM
Maximum 120.96 SNM
Weighted Average 69.1762 SNM
For 365 days
Minimum 0.273135 SNM
Maximum 120.96 SNM
Weighted Average 41.476 SNM

Change in the price of 500 MGA to SNM in the last 30 days

For the last 30 days (05 18, 2024 — 06 16, 2024) price 500 Malagasy Ariary against SONM changed by -4.02% (89.0368 SNM — 85.4537 SNM)

Change in the price of 500 MGA to SNM in the last 90 days

For the last 90 days (03 19, 2024 — 06 16, 2024) the price of 500 Malagasy Ariary against SONM changed by 112.74% (40.168 SNM — 85.4537 SNM)

Change in the price of 500 MGA to SNM in the last 365 days

For the last 365 days (06 18, 2023 — 06 16, 2024) the price of 500 Malagasy Ariary against SONM changed by 27883.21% (0.305375 SNM — 85.4537 SNM)

Change in the price of 500 MGA to SNM for the entire time

For all the time our site has been running (04 10, 2020 — 06 16, 2024) the price of 500 Malagasy Ariary against SONM changed by 323.1% (20.1971 SNM — 85.4537 SNM)

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Price prediction 500 Malagasy Ariary in SONM

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 500 Malagasy Ariary in SONM for the next 30 days*

17/06 77.577 SNM ▼ -9.22 %
18/06 61.4246 SNM ▼ -20.82 %
19/06 59.5388 SNM ▼ -3.07 %
20/06 93.9819 SNM ▲ 57.85 %
21/06 104.51 SNM ▲ 11.2 %
22/06 107.13 SNM ▲ 2.51 %
23/06 77.6115 SNM ▼ -27.55 %
24/06 69.4341 SNM ▼ -10.54 %
25/06 58.278 SNM ▼ -16.07 %
26/06 57.9628 SNM ▼ -0.54 %
27/06 146.88 SNM ▲ 153.4 %
28/06 222.56 SNM ▲ 51.53 %
29/06 153.97 SNM ▼ -30.82 %
30/06 75.1209 SNM ▼ -51.21 %
01/07 68.2744 SNM ▼ -9.11 %
02/07 67.2074 SNM ▼ -1.56 %
03/07 110.11 SNM ▲ 63.83 %
04/07 66.5084 SNM ▼ -39.6 %
05/07 60.0585 SNM ▼ -9.7 %
06/07 49.5329 SNM ▼ -17.53 %
07/07 82.1551 SNM ▲ 65.86 %
08/07 63.8759 SNM ▼ -22.25 %
09/07 31.3779 SNM ▼ -50.88 %
10/07 36.6635 SNM ▲ 16.84 %
11/07 45.7127 SNM ▲ 24.68 %
12/07 57.4088 SNM ▲ 25.59 %
13/07 63.8743 SNM ▲ 11.26 %
14/07 91.7222 SNM ▲ 43.6 %
15/07 79.8713 SNM ▼ -12.92 %
16/07 67.5956 SNM ▼ -15.37 %

* — The prediction of the price of 500 Malagasy Ariary in SONM is made by our specialists based on statistical data, global trends and major business news. Price prediction of 500 Malagasy Ariary in SONM for 30 days, 3 months and a year are made by different experts and may have slight differences.

Prediction of 500 Malagasy Ariary in SONM for the next 3 months*

17/06 — 23/06 130.96 SNM ▲ 53.26 %
24/06 — 30/06 136.58 SNM ▲ 4.29 %
01/07 — 07/07 118.65 SNM ▼ -13.13 %
08/07 — 14/07 82.1816 SNM ▼ -30.74 %
15/07 — 21/07 82.4837 SNM ▲ 0.37 %
22/07 — 28/07 93.4499 SNM ▲ 13.29 %
29/07 — 04/08 165.49 SNM ▲ 77.09 %
05/08 — 11/08 101.82 SNM ▼ -38.47 %
12/08 — 18/08 114.09 SNM ▲ 12.05 %
19/08 — 25/08 239.07 SNM ▲ 109.54 %
26/08 — 01/09 108.1 SNM ▼ -54.78 %
02/09 — 08/09 173.14 SNM ▲ 60.16 %

Prediction of 500 Malagasy Ariary in SONM for the next year*

07/2024 89.0021 SNM ▲ 4.15 %
08/2024 80.6828 SNM ▼ -9.35 %
09/2024 110.54 SNM ▲ 37.01 %
10/2024 2,914 SNM ▲ 2536.46 %
11/2024 33,933 SNM ▲ 1064.34 %
12/2024 32,228 SNM ▼ -5.02 %
01/2025 20,566 SNM ▼ -36.19 %
02/2025 26,818 SNM ▲ 30.4 %
03/2025 21,985 SNM ▼ -18.02 %
04/2025 33,259 SNM ▲ 51.28 %
05/2025 29,363 SNM ▼ -11.72 %
06/2025 34,252 SNM ▲ 16.65 %

FAQ

What is the price 500 MGA in SNM today, 06 16, 2024?

As of today, the price of 500 Malagasy Ariary to SONM is - 85.4537 SNM

What will be the price 500 MGA in SNM tomorrow 2024.06.17?

For tomorrow 500 Malagasy Ariary to SONM exchange rate - 78 snm

What will be the price 500 MGA in SNM in the next month?

Our analysts have made a detailed prediction price 500 Malagasy Ariary to SONM 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 500 MGA in SNM in the next 3 months?

Our analysts have made a detailed prediction price 500 Malagasy Ariary to SONM 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 500 MGA in SNM in the coming year?

Our analysts have made a detailed prediction price 500 Malagasy Ariary to SONM 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