5 Saudi Riyal to Naira. Chart, history price and prediction on tomorrow, next month, 2024 year

Price 5 Saudi Riyal to Naira based on current data,
received from currency exchange exchanges as of 06 16, 2024, is 1,993 NGN.

How much is 5 SAR in NGN?

06 16, 2024
5 SAR = 1,993 NGN
▲ 0 %
5 NGN = 0.01 SAR
1 SAR = 398.58 NGN

Chart of History of price changes 5 SAR in NGN

Price statistics 5 Saudi Riyal in Naira

For 30 days
Minimum 1,906 NGN
Maximum 2,003 NGN
Weighted Average 1,961 NGN
For 90 days
Minimum 1,534 NGN
Maximum 2,022 NGN
Weighted Average 1,840 NGN
For 365 days
Minimum 875.17 NGN
Maximum 2,148 NGN
Weighted Average 1,384 NGN

Change in the price of 5 SAR to NGN in the last 30 days

For the last 30 days (05 18, 2024 — 06 16, 2024) price 5 Saudi Riyal against Naira changed by 1.69% (1,960 NGN — 1,993 NGN)

Change in the price of 5 SAR to NGN in the last 90 days

For the last 90 days (03 19, 2024 — 06 16, 2024) the price of 5 Saudi Riyal against Naira changed by -4.5% (2,087 NGN — 1,993 NGN)

Change in the price of 5 SAR to NGN in the last 365 days

For the last 365 days (06 18, 2023 — 06 16, 2024) the price of 5 Saudi Riyal against Naira changed by 127.64% (875.49 NGN — 1,993 NGN)

Change in the price of 5 SAR to NGN for the entire time

For all the time our site has been running (04 10, 2020 — 06 16, 2024) the price of 5 Saudi Riyal against Naira changed by 308.81% (487.49 NGN — 1,993 NGN)

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Price prediction 5 Saudi Riyal in Naira

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 5 Saudi Riyal in Naira for the next 30 days*

18/06 1,945 NGN ▼ -2.4 %
19/06 1,946 NGN ▲ 0.05 %
20/06 2,004 NGN ▲ 2.97 %
21/06 1,955 NGN ▼ -2.42 %
22/06 1,898 NGN ▼ -2.92 %
23/06 1,918 NGN ▲ 1.04 %
24/06 1,948 NGN ▲ 1.55 %
25/06 1,961 NGN ▲ 0.68 %
26/06 1,961 NGN ▼ -0.01 %
27/06 1,967 NGN ▲ 0.32 %
28/06 1,913 NGN ▼ -2.75 %
29/06 1,880 NGN ▼ -1.73 %
30/06 1,821 NGN ▼ -3.14 %
01/07 1,868 NGN ▲ 2.56 %
02/07 1,947 NGN ▲ 4.26 %
03/07 1,947 NGN ▼ -0 %
04/07 1,945 NGN ▼ -0.14 %
05/07 1,936 NGN ▼ -0.44 %
06/07 1,956 NGN ▲ 1.04 %
07/07 1,953 NGN ▼ -0.16 %
08/07 1,938 NGN ▼ -0.76 %
09/07 1,924 NGN ▼ -0.74 %
10/07 1,924 NGN ▼ -0 %
11/07 1,967 NGN ▲ 2.25 %
12/07 1,962 NGN ▼ -0.24 %
13/07 1,963 NGN ▲ 0.05 %
14/07 1,956 NGN ▼ -0.39 %
15/07 1,951 NGN ▼ -0.24 %
16/07 1,962 NGN ▲ 0.57 %
17/07 1,962 NGN ▲ 0 %

* — The prediction of the price of 5 Saudi Riyal in Naira is made by our specialists based on statistical data, global trends and major business news. Price prediction of 5 Saudi Riyal in Naira for 30 days, 3 months and a year are made by different experts and may have slight differences.

Prediction of 5 Saudi Riyal in Naira for the next 3 months*

24/06 — 30/06 1,783 NGN ▼ -10.55 %
01/07 — 07/07 1,711 NGN ▼ -4.04 %
08/07 — 14/07 1,618 NGN ▼ -5.45 %
15/07 — 21/07 1,620 NGN ▲ 0.13 %
22/07 — 28/07 1,849 NGN ▲ 14.14 %
29/07 — 04/08 1,927 NGN ▲ 4.25 %
05/08 — 11/08 2,031 NGN ▲ 5.39 %
12/08 — 18/08 2,100 NGN ▲ 3.37 %
19/08 — 25/08 2,055 NGN ▼ -2.12 %
26/08 — 01/09 2,071 NGN ▲ 0.75 %
02/09 — 08/09 2,101 NGN ▲ 1.47 %
09/09 — 15/09 2,094 NGN ▼ -0.35 %

Prediction of 5 Saudi Riyal in Naira for the next year*

07/2024 1,974 NGN ▼ -0.93 %
08/2024 1,968 NGN ▼ -0.33 %
09/2024 1,997 NGN ▲ 1.46 %
10/2024 2,051 NGN ▲ 2.73 %
11/2024 2,056 NGN ▲ 0.26 %
12/2024 2,278 NGN ▲ 10.78 %
01/2025 3,287 NGN ▲ 44.28 %
02/2025 4,467 NGN ▲ 35.91 %
03/2025 3,817 NGN ▼ -14.56 %
04/2025 4,172 NGN ▲ 9.29 %
05/2025 4,424 NGN ▲ 6.06 %
06/2025 4,454 NGN ▲ 0.67 %

FAQ

What is the price 5 SAR in NGN today, 06 16, 2024?

As of today, the price of 5 Saudi Riyal to Naira is - 1,993 NGN

What will be the price 5 SAR in NGN tomorrow 2024.06.18?

For tomorrow 5 Saudi Riyal to Naira exchange rate - 1,945 ngn

What will be the price 5 SAR in NGN in the next month?

Our analysts have made a detailed prediction price 5 Saudi Riyal to Naira 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 5 SAR in NGN in the next 3 months?

Our analysts have made a detailed prediction price 5 Saudi Riyal to Naira 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 5 SAR in NGN in the coming year?

Our analysts have made a detailed prediction price 5 Saudi Riyal to Naira 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