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

Price 1 Malagasy Ariary to Sumokoin based on current data,
received from currency exchange exchanges as of 06 15, 2024, is 0.03469699 SUMO.

How much is 1 MGA in SUMO?

06 15, 2024
1 MGA = 0.03469699 SUMO
▲ 0.66 %
1 SUMO = 28.82 MGA
1 MGA = 0.03469699 SUMO

Chart of History of price changes 1 MGA in SUMO

Price statistics 1 Malagasy Ariary in Sumokoin

For 30 days
Minimum 0.02982491 SUMO
Maximum 0.03469699 SUMO
Weighted Average 0.03160924 SUMO
For 90 days
Minimum 0.02036329 SUMO
Maximum 0.03469699 SUMO
Weighted Average 0.02851869 SUMO
For 365 days
Minimum 0.01832465 SUMO
Maximum 0.04663011 SUMO
Weighted Average 0.02577441 SUMO

Change in the price of 1 MGA to SUMO in the last 30 days

For the last 30 days (05 17, 2024 — 06 15, 2024) price 1 Malagasy Ariary against Sumokoin changed by 11.28% (0.03118096 SUMO — 0.03469699 SUMO)

Change in the price of 1 MGA to SUMO in the last 90 days

For the last 90 days (03 18, 2024 — 06 15, 2024) the price of 1 Malagasy Ariary against Sumokoin changed by 37.84% (0.02517176 SUMO — 0.03469699 SUMO)

Change in the price of 1 MGA to SUMO in the last 365 days

For the last 365 days (07 13, 2023 — 06 15, 2024) the price of 1 Malagasy Ariary against Sumokoin changed by 87.98% (0.01845794 SUMO — 0.03469699 SUMO)

Change in the price of 1 MGA to SUMO for the entire time

For all the time our site has been running (04 10, 2020 — 06 15, 2024) the price of 1 Malagasy Ariary against Sumokoin changed by 1214.52% (0.00263952 SUMO — 0.03469699 SUMO)

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Price prediction 1 Malagasy Ariary in Sumokoin

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 Malagasy Ariary in Sumokoin for the next 30 days*

16/06 0.03432555 SUMO ▼ -1.07 %
17/06 0.03417482 SUMO ▼ -0.44 %
18/06 0.03369532 SUMO ▼ -1.4 %
19/06 0.03347441 SUMO ▼ -0.66 %
20/06 0.0328655 SUMO ▼ -1.82 %
21/06 0.03274666 SUMO ▼ -0.36 %
22/06 0.03353148 SUMO ▲ 2.4 %
23/06 0.0350215 SUMO ▲ 4.44 %
24/06 0.03479867 SUMO ▼ -0.64 %
25/06 0.03463404 SUMO ▼ -0.47 %
26/06 0.03463493 SUMO ▲ 0 %
27/06 0.03437018 SUMO ▼ -0.76 %
28/06 0.03434837 SUMO ▼ -0.06 %
29/06 0.03519974 SUMO ▲ 2.48 %
30/06 0.03522989 SUMO ▲ 0.09 %
01/07 0.03598019 SUMO ▲ 2.13 %
02/07 0.03613129 SUMO ▲ 0.42 %
03/07 0.03553556 SUMO ▼ -1.65 %
04/07 0.03663151 SUMO ▲ 3.08 %
05/07 0.03688109 SUMO ▲ 0.68 %
06/07 0.03641941 SUMO ▼ -1.25 %
07/07 0.03666805 SUMO ▲ 0.68 %
08/07 0.03645275 SUMO ▼ -0.59 %
09/07 0.03681068 SUMO ▲ 0.98 %
10/07 0.03720309 SUMO ▲ 1.07 %
11/07 0.03712538 SUMO ▼ -0.21 %
12/07 0.03766566 SUMO ▲ 1.46 %
13/07 0.03740988 SUMO ▼ -0.68 %
14/07 0.03901706 SUMO ▲ 4.3 %
15/07 0.03922812 SUMO ▲ 0.54 %

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

Prediction of 1 Malagasy Ariary in Sumokoin for the next 3 months*

17/06 — 23/06 0.03520267 SUMO ▲ 1.46 %
24/06 — 30/06 0.03470213 SUMO ▼ -1.42 %
01/07 — 07/07 0.04109774 SUMO ▲ 18.43 %
08/07 — 14/07 0.04264638 SUMO ▲ 3.77 %
15/07 — 21/07 0.04503648 SUMO ▲ 5.6 %
22/07 — 28/07 0.04298368 SUMO ▼ -4.56 %
29/07 — 04/08 0.04677938 SUMO ▲ 8.83 %
05/08 — 11/08 0.04575406 SUMO ▼ -2.19 %
12/08 — 18/08 0.0477415 SUMO ▲ 4.34 %
19/08 — 25/08 0.04886708 SUMO ▲ 2.36 %
26/08 — 01/09 0.052403 SUMO ▲ 7.24 %
02/09 — 08/09 0.05432112 SUMO ▲ 3.66 %

Prediction of 1 Malagasy Ariary in Sumokoin for the next year*

07/2024 0.03448801 SUMO ▼ -0.6 %
08/2024 0.03819162 SUMO ▲ 10.74 %
09/2024 0.05264603 SUMO ▲ 37.85 %
10/2024 0.05137107 SUMO ▼ -2.42 %
11/2024 0.04982539 SUMO ▼ -3.01 %
12/2024 0.04269064 SUMO ▼ -14.32 %
01/2025 0.05188815 SUMO ▲ 21.54 %
02/2025 0.07204713 SUMO ▲ 38.85 %
03/2025 0.0426298 SUMO ▼ -40.83 %
04/2025 0.05054613 SUMO ▲ 18.57 %
05/2025 0.05323377 SUMO ▲ 5.32 %
06/2025 0.05987466 SUMO ▲ 12.47 %

FAQ

What is the price 1 MGA in SUMO today, 06 15, 2024?

As of today, the price of 1 Malagasy Ariary to Sumokoin is - 0.03469699 SUMO

What will be the price 1 MGA in SUMO tomorrow 2024.06.16?

For tomorrow 1 Malagasy Ariary to Sumokoin exchange rate - 0 sumo

What will be the price 1 MGA in SUMO in the next month?

Our analysts have made a detailed prediction price 1 Malagasy Ariary to Sumokoin 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 MGA in SUMO in the next 3 months?

Our analysts have made a detailed prediction price 1 Malagasy Ariary to Sumokoin 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 MGA in SUMO in the coming year?

Our analysts have made a detailed prediction price 1 Malagasy Ariary to Sumokoin 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