Currency exchange rate Yuan Renminbi against the Somali Shilling. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Yuan Renminbi currency exchange rate against the Somali Shilling currency:
currency exchange rate history, background information, prediction and more about CNY/SOS
Chart of History of changes in the CNY/SOS exchange rate
CNY/SOS exchange rate on today
05 20, 2024
1 CNY = 6,021,977 SOS
▼ -0.69 %
This page provides information about the currency pair Yuan Renminbi/Somali Shilling, and more precisely about how much 1 Yuan Renminbi costs in Somali Shilling.
Data on the currency pair CNY/SOS are presented by the world's leading exchanges and Central banks of the countries that issue these currencies. We constantly update this data so that you get only the most up-to-date information about the currency pair CNY/SOS and make a balanced decision about buying and selling the currency you are interested in.
The page also provides information about the dynamics of the exchange rate of Yuan Renminbi/Somali Shilling, statistics and prediction of the exchange rate of these currencies in the near future from our experts.
How to make a forecast for currencies and cryptocurrencies?
There are several approaches to forecasting the exchange rate of currencies and cryptocurrencies:
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Fundamental analysis: This approach involves analyzing economic and financial data to determine the intrinsic value of a currency or cryptocurrency. This can include factors such as interest rates, inflation rates, economic growth, political stability, and fiscal policy. Based on this analysis, investors can make predictions about the future exchange rate.
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Technical analysis: This approach involves analyzing past market data, such as price and volume, to identify patterns and trends that can be used to predict future market movements. Technical analysis can be used to identify support and resistance levels, momentum indicators, and other factors that can influence the exchange rate.
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Sentiment analysis: This approach involves analyzing market sentiment and investor behavior to predict future market movements. Sentiment analysis can include monitoring social media, news articles, and other sources of market sentiment to gauge investor sentiment and predict market movements.
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Machine learning: This approach involves using statistical models and machine learning algorithms to analyze vast amounts of market data and make predictions about future market movements. Machine learning can be used to identify patterns and relationships in market data that might not be visible to the human eye.
In summary, there are several approaches to forecasting the exchange rate of currencies and cryptocurrencies, including fundamental analysis, technical analysis, sentiment analysis, and machine learning. Each approach has its strengths and weaknesses, and investors may use a combination of approaches to make more accurate predictions about future market movements.
Change in the CNY/SOS exchange rate over the past 30 days
For the last 30 days (04 21, 2024 — 05 20, 2024) the Yuan Renminbi exchange rate against the Somali Shilling currency changed by 52.5% (3,948,747 SOS — 6,021,977 SOS)
Change in the CNY/SOS exchange rate over the past 90 days
For the last 90 days (02 21, 2024 — 05 20, 2024) the Yuan Renminbi exchange rate against the Somali Shilling currency changed by 31.02% (4,596,100 SOS — 6,021,977 SOS)
Change in the CNY/SOS exchange rate over the past 365 days
For the last 365 days (05 22, 2023 — 05 20, 2024) the Yuan Renminbi exchange rate against the Somali Shilling currency changed by 196.3% (2,032,394 SOS — 6,021,977 SOS)
Change in the CNY/SOS exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 20, 2024) the Yuan Renminbi exchange rate against the Somali Shilling currency changed by 7315147.72% (82.32 SOS — 6,021,977 SOS)
Yuan Renminbi/Somali Shilling price prediction
Yuan Renminbi/Somali Shilling price prediction for the next 30 days*
21/05 | 6,125,611 SOS | ▲ 1.72 % |
22/05 | 6,134,338 SOS | ▲ 0.14 % |
23/05 | 5,999,593 SOS | ▼ -2.2 % |
24/05 | 6,668,239 SOS | ▲ 11.14 % |
25/05 | 6,876,321 SOS | ▲ 3.12 % |
26/05 | 6,975,837 SOS | ▲ 1.45 % |
27/05 | 7,164,660 SOS | ▲ 2.71 % |
28/05 | 7,148,130 SOS | ▼ -0.23 % |
29/05 | 7,501,262 SOS | ▲ 4.94 % |
30/05 | 7,825,483 SOS | ▲ 4.32 % |
31/05 | 7,948,954 SOS | ▲ 1.58 % |
01/06 | 7,736,945 SOS | ▼ -2.67 % |
02/06 | 7,741,904 SOS | ▲ 0.06 % |
03/06 | 7,286,304 SOS | ▼ -5.88 % |
04/06 | 7,241,557 SOS | ▼ -0.61 % |
05/06 | 7,088,877 SOS | ▼ -2.11 % |
06/06 | 7,145,036 SOS | ▲ 0.79 % |
07/06 | 7,406,329 SOS | ▲ 3.66 % |
08/06 | 7,508,494 SOS | ▲ 1.38 % |
09/06 | 7,307,772 SOS | ▼ -2.67 % |
10/06 | 7,400,473 SOS | ▲ 1.27 % |
11/06 | 7,499,574 SOS | ▲ 1.34 % |
12/06 | 7,735,908 SOS | ▲ 3.15 % |
13/06 | 8,230,445 SOS | ▲ 6.39 % |
14/06 | 8,180,862 SOS | ▼ -0.6 % |
15/06 | 7,821,020 SOS | ▼ -4.4 % |
16/06 | 7,765,602 SOS | ▼ -0.71 % |
17/06 | 7,831,823 SOS | ▲ 0.85 % |
18/06 | 8,140,843 SOS | ▲ 3.95 % |
19/06 | 11,864,105 SOS | ▲ 45.74 % |
* — Price prediction of the Yuan Renminbi/Somali Shilling currency pair are compiled by our specialists based on statistical data, global trends and major business news. Price prediction for 30 days, 3 months, and a year are made by different experts and may have slight differences.
Yuan Renminbi/Somali Shilling price prediction for the next 3 months*
27/05 — 02/06 | 5,693,644 SOS | ▼ -5.45 % |
03/06 — 09/06 | 3,320,795 SOS | ▼ -41.68 % |
10/06 — 16/06 | 3,759,504 SOS | ▲ 13.21 % |
17/06 — 23/06 | 4,133,366 SOS | ▲ 9.94 % |
24/06 — 30/06 | 4,573,000 SOS | ▲ 10.64 % |
01/07 — 07/07 | 4,542,504 SOS | ▼ -0.67 % |
08/07 — 14/07 | 6,389,435 SOS | ▲ 40.66 % |
15/07 — 21/07 | 5,864,869 SOS | ▼ -8.21 % |
22/07 — 28/07 | 6,779,920 SOS | ▲ 15.6 % |
29/07 — 04/08 | 6,656,736 SOS | ▼ -1.82 % |
05/08 — 11/08 | 7,649,221 SOS | ▲ 14.91 % |
12/08 — 18/08 | 12,565,264 SOS | ▲ 64.27 % |
Yuan Renminbi/Somali Shilling price prediction for the next year*
06/2024 | 5,293,143 SOS | ▼ -12.1 % |
07/2024 | 6,545,339 SOS | ▲ 23.66 % |
08/2024 | 8,831,747 SOS | ▲ 34.93 % |
09/2024 | 9,762,986 SOS | ▲ 10.54 % |
10/2024 | 23,177,850 SOS | ▲ 137.41 % |
11/2024 | 19,456,331 SOS | ▼ -16.06 % |
12/2024 | 13,485,426 SOS | ▼ -30.69 % |
01/2025 | 18,739,878 SOS | ▲ 38.96 % |
02/2025 | 13,558,344 SOS | ▼ -27.65 % |
03/2025 | 9,526,993 SOS | ▼ -29.73 % |
04/2025 | 16,691,768 SOS | ▲ 75.2 % |
05/2025 | 23,187,295 SOS | ▲ 38.91 % |
Yuan Renminbi/Somali Shilling exchange rate statistics
For 30 days | |
---|---|
Minimum | 4,169,686 SOS |
Maximum | 79.13 SOS |
Weighted Average | 3,881,142 SOS |
For 90 days | |
Minimum | 2,405,563 SOS |
Maximum | 79.64 SOS |
Weighted Average | 3,072,989 SOS |
For 365 days | |
Minimum | 2,030,889 SOS |
Maximum | 80.92 SOS |
Weighted Average | 3,159,861 SOS |
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