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

Price 1,000 Malagasy Ariary to Sumokoin based on current data,
received from currency exchange exchanges as of 06 18, 2024, is 38.2233 SUMO.

How much is 1,000 MGA in SUMO?

06 18, 2024
1,000 MGA = 38.2233 SUMO
▲ 11.29 %
1,000 SUMO = 26,162 MGA
1 MGA = 0.03822332 SUMO

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

Price statistics 1,000 Malagasy Ariary in Sumokoin

For 30 days
Minimum 29.8249 SUMO
Maximum 35.0243 SUMO
Weighted Average 32.1663 SUMO
For 90 days
Minimum 20.3633 SUMO
Maximum 35.0243 SUMO
Weighted Average 28.8333 SUMO
For 365 days
Minimum 18.3247 SUMO
Maximum 46.6301 SUMO
Weighted Average 25.8633 SUMO

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

For the last 30 days (05 20, 2024 — 06 18, 2024) price 1,000 Malagasy Ariary against Sumokoin changed by 24.78% (30.6315 SUMO — 38.2233 SUMO)

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

For the last 90 days (03 21, 2024 — 06 18, 2024) the price of 1,000 Malagasy Ariary against Sumokoin changed by 44.5% (26.4513 SUMO — 38.2233 SUMO)

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

For the last 365 days (07 13, 2023 — 06 18, 2024) the price of 1,000 Malagasy Ariary against Sumokoin changed by 107.08% (18.4579 SUMO — 38.2233 SUMO)

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

For all the time our site has been running (04 10, 2020 — 06 18, 2024) the price of 1,000 Malagasy Ariary against Sumokoin changed by 1348.12% (2.63952 SUMO — 38.2233 SUMO)

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Price prediction 1,000 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 1,000 Malagasy Ariary in Sumokoin for the next 30 days*

19/06 37.8869 SUMO ▼ -0.88 %
20/06 37.1495 SUMO ▼ -1.95 %
21/06 37.0225 SUMO ▼ -0.34 %
22/06 38.5434 SUMO ▲ 4.11 %
23/06 40.7085 SUMO ▲ 5.62 %
24/06 40.2928 SUMO ▼ -1.02 %
25/06 40.1456 SUMO ▼ -0.37 %
26/06 40.1466 SUMO ▲ 0 %
27/06 39.7674 SUMO ▼ -0.94 %
28/06 39.7337 SUMO ▼ -0.08 %
29/06 40.5558 SUMO ▲ 2.07 %
30/06 40.5861 SUMO ▲ 0.07 %
01/07 41.5557 SUMO ▲ 2.39 %
02/07 41.7416 SUMO ▲ 0.45 %
03/07 41.2275 SUMO ▼ -1.23 %
04/07 42.0579 SUMO ▲ 2.01 %
05/07 42.4147 SUMO ▲ 0.85 %
06/07 41.7957 SUMO ▼ -1.46 %
07/07 42.2781 SUMO ▲ 1.15 %
08/07 42.1088 SUMO ▼ -0.4 %
09/07 42.805 SUMO ▲ 1.65 %
10/07 43.2223 SUMO ▲ 0.98 %
11/07 43.1439 SUMO ▼ -0.18 %
12/07 43.8374 SUMO ▲ 1.61 %
13/07 43.5938 SUMO ▼ -0.56 %
14/07 45.0955 SUMO ▲ 3.44 %
15/07 46.5992 SUMO ▲ 3.33 %
16/07 46.8909 SUMO ▲ 0.63 %
17/07 46.1301 SUMO ▼ -1.62 %
18/07 44.9519 SUMO ▼ -2.55 %

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

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

24/06 — 30/06 40.1312 SUMO ▲ 4.99 %
01/07 — 07/07 47.5695 SUMO ▲ 18.53 %
08/07 — 14/07 49.7625 SUMO ▲ 4.61 %
15/07 — 21/07 52.6816 SUMO ▲ 5.87 %
22/07 — 28/07 49.5008 SUMO ▼ -6.04 %
29/07 — 04/08 53.4192 SUMO ▲ 7.92 %
05/08 — 11/08 52.2032 SUMO ▼ -2.28 %
12/08 — 18/08 54.4815 SUMO ▲ 4.36 %
19/08 — 25/08 55.8458 SUMO ▲ 2.5 %
26/08 — 01/09 58.0037 SUMO ▲ 3.86 %
02/09 — 08/09 61.081 SUMO ▲ 5.31 %
09/09 — 15/09 59.7448 SUMO ▼ -2.19 %

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

07/2024 38.072 SUMO ▼ -0.4 %
08/2024 42.1279 SUMO ▲ 10.65 %
09/2024 57.8217 SUMO ▲ 37.25 %
10/2024 56.104 SUMO ▼ -2.97 %
11/2024 54.7816 SUMO ▼ -2.36 %
12/2024 46.5329 SUMO ▼ -15.06 %
01/2025 52.4181 SUMO ▲ 12.65 %
02/2025 67.5787 SUMO ▲ 28.92 %
03/2025 38.5235 SUMO ▼ -42.99 %
04/2025 45.7184 SUMO ▲ 18.68 %
05/2025 48.9123 SUMO ▲ 6.99 %
06/2025 52.7631 SUMO ▲ 7.87 %

FAQ

What is the price 1,000 MGA in SUMO today, 06 18, 2024?

As of today, the price of 1,000 Malagasy Ariary to Sumokoin is - 38.2233 SUMO

What will be the price 1,000 MGA in SUMO tomorrow 2024.06.19?

For tomorrow 1,000 Malagasy Ariary to Sumokoin exchange rate - 38 sumo

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

Our analysts have made a detailed prediction price 1,000 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 1,000 MGA in SUMO in the next 3 months?

Our analysts have made a detailed prediction price 1,000 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 1,000 MGA in SUMO in the coming year?

Our analysts have made a detailed prediction price 1,000 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