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

Price 50 Malagasy Ariary to Sumokoin based on current data,
received from currency exchange exchanges as of 06 06, 2024, is 1.620376 SUMO.

How much is 50 MGA in SUMO?

06 06, 2024
50 MGA = 1.620376 SUMO
▼ -1.49 %
50 SUMO = 1,543 MGA
1 MGA = 0.03240751 SUMO

Chart of History of price changes 50 MGA in SUMO

Price statistics 50 Malagasy Ariary in Sumokoin

For 30 days
Minimum 1.491246 SUMO
Maximum 1.584745 SUMO
Weighted Average 1.535763 SUMO
For 90 days
Minimum 1.018165 SUMO
Maximum 1.584745 SUMO
Weighted Average 1.370771 SUMO
For 365 days
Minimum 0.9162325 SUMO
Maximum 2.331506 SUMO
Weighted Average 1.27839 SUMO

Change in the price of 50 MGA to SUMO in the last 30 days

For the last 30 days (05 08, 2024 — 06 06, 2024) price 50 Malagasy Ariary against Sumokoin changed by 10.84% (1.461904 SUMO — 1.620376 SUMO)

Change in the price of 50 MGA to SUMO in the last 90 days

For the last 90 days (03 09, 2024 — 06 06, 2024) the price of 50 Malagasy Ariary against Sumokoin changed by 39.19% (1.164177 SUMO — 1.620376 SUMO)

Change in the price of 50 MGA to SUMO in the last 365 days

For the last 365 days (07 13, 2023 — 06 06, 2024) the price of 50 Malagasy Ariary against Sumokoin changed by 75.57% (0.922897 SUMO — 1.620376 SUMO)

Change in the price of 50 MGA to SUMO for the entire time

For all the time our site has been running (04 10, 2020 — 06 06, 2024) the price of 50 Malagasy Ariary against Sumokoin changed by 1127.78% (0.131976 SUMO — 1.620376 SUMO)

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Price prediction 50 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 50 Malagasy Ariary in Sumokoin for the next 30 days*

08/06 1.65705 SUMO ▲ 2.26 %
09/06 1.652014 SUMO ▼ -0.3 %
10/06 1.67533 SUMO ▲ 1.41 %
11/06 1.694403 SUMO ▲ 1.14 %
12/06 1.700444 SUMO ▲ 0.36 %
13/06 1.713978 SUMO ▲ 0.8 %
14/06 1.65982 SUMO ▼ -3.16 %
15/06 1.727172 SUMO ▲ 4.06 %
16/06 1.714665 SUMO ▼ -0.72 %
17/06 1.690988 SUMO ▼ -1.38 %
18/06 1.683682 SUMO ▼ -0.43 %
19/06 1.660095 SUMO ▼ -1.4 %
20/06 1.646903 SUMO ▼ -0.79 %
21/06 1.609716 SUMO ▼ -2.26 %
22/06 1.603449 SUMO ▼ -0.39 %
23/06 1.657679 SUMO ▲ 3.38 %
24/06 1.717579 SUMO ▲ 3.61 %
25/06 1.700773 SUMO ▼ -0.98 %
26/06 1.695209 SUMO ▼ -0.33 %
27/06 1.695244 SUMO ▲ 0 %
28/06 1.686878 SUMO ▼ -0.49 %
29/06 1.685615 SUMO ▼ -0.07 %
30/06 1.719998 SUMO ▲ 2.04 %
01/07 1.721872 SUMO ▲ 0.11 %
02/07 1.765363 SUMO ▲ 2.53 %
03/07 1.772739 SUMO ▲ 0.42 %
04/07 1.752077 SUMO ▼ -1.17 %
05/07 1.796057 SUMO ▲ 2.51 %
06/07 1.811997 SUMO ▲ 0.89 %
07/07 1.800021 SUMO ▼ -0.66 %

* — The prediction of the price of 50 Malagasy Ariary in Sumokoin is made by our specialists based on statistical data, global trends and major business news. Price prediction of 50 Malagasy Ariary in Sumokoin for 30 days, 3 months and a year are made by different experts and may have slight differences.

Prediction of 50 Malagasy Ariary in Sumokoin for the next 3 months*

10/06 — 16/06 1.731327 SUMO ▲ 6.85 %
17/06 — 23/06 1.851583 SUMO ▲ 6.95 %
24/06 — 30/06 1.803414 SUMO ▼ -2.6 %
01/07 — 07/07 2.103382 SUMO ▲ 16.63 %
08/07 — 14/07 2.188088 SUMO ▲ 4.03 %
15/07 — 21/07 2.334922 SUMO ▲ 6.71 %
22/07 — 28/07 2.23521 SUMO ▼ -4.27 %
29/07 — 04/08 2.389867 SUMO ▲ 6.92 %
05/08 — 11/08 2.303712 SUMO ▼ -3.61 %
12/08 — 18/08 2.388728 SUMO ▲ 3.69 %
19/08 — 25/08 2.436457 SUMO ▲ 2 %
26/08 — 01/09 2.507403 SUMO ▲ 2.91 %

Prediction of 50 Malagasy Ariary in Sumokoin for the next year*

07/2024 1.610708 SUMO ▼ -0.6 %
08/2024 1.820108 SUMO ▲ 13 %
09/2024 2.460044 SUMO ▲ 35.16 %
10/2024 2.375814 SUMO ▼ -3.42 %
11/2024 2.333714 SUMO ▼ -1.77 %
12/2024 2.033135 SUMO ▼ -12.88 %
01/2025 2.443689 SUMO ▲ 20.19 %
02/2025 3.014132 SUMO ▲ 23.34 %
03/2025 1.858824 SUMO ▼ -38.33 %
04/2025 2.46518 SUMO ▲ 32.62 %
05/2025 2.589364 SUMO ▲ 5.04 %
06/2025 2.639543 SUMO ▲ 1.94 %

FAQ

What is the price 50 MGA in SUMO today, 06 06, 2024?

As of today, the price of 50 Malagasy Ariary to Sumokoin is - 1.620376 SUMO

What will be the price 50 MGA in SUMO tomorrow 2024.06.08?

For tomorrow 50 Malagasy Ariary to Sumokoin exchange rate - 2 sumo

What will be the price 50 MGA in SUMO in the next month?

Our analysts have made a detailed prediction price 50 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 50 MGA in SUMO in the next 3 months?

Our analysts have made a detailed prediction price 50 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 50 MGA in SUMO in the coming year?

Our analysts have made a detailed prediction price 50 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