Currency exchange rate Nakfa against the SONM. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Nakfa currency exchange rate against the SONM currency:
currency exchange rate history, background information, prediction and more about ERN/SNM
Chart of History of changes in the ERN/SNM exchange rate
ERN/SNM exchange rate on today
05 16, 2024
1 ERN = 2,331 SNM
▲ 9.48 %
This page provides information about the currency pair Nakfa/SONM, and more precisely about how much 1 Nakfa costs in SONM.
Data on the currency pair ERN/SNM 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 ERN/SNM 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 Nakfa/SONM, 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 ERN/SNM exchange rate over the past 30 days
For the last 30 days (04 17, 2024 — 05 16, 2024) the Nakfa exchange rate against the SONM currency changed by -16.29% (2,785 SNM — 2,331 SNM)
Change in the ERN/SNM exchange rate over the past 90 days
For the last 90 days (02 17, 2024 — 05 16, 2024) the Nakfa exchange rate against the SONM currency changed by 22.78% (1,898 SNM — 2,331 SNM)
Change in the ERN/SNM exchange rate over the past 365 days
For the last 365 days (05 18, 2023 — 05 16, 2024) the Nakfa exchange rate against the SONM currency changed by 49426.43% (4.706471 SNM — 2,331 SNM)
Change in the ERN/SNM exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 16, 2024) the Nakfa exchange rate against the SONM currency changed by 22981.92% (10.0986 SNM — 2,331 SNM)
Nakfa/SONM price prediction
Nakfa/SONM price prediction for the next 30 days*
17/05 | 2,224 SNM | ▼ -4.59 % |
18/05 | 1,523 SNM | ▼ -31.51 % |
19/05 | 1,392 SNM | ▼ -8.61 % |
20/05 | 1,579 SNM | ▲ 13.39 % |
21/05 | 1,946 SNM | ▲ 23.28 % |
22/05 | 1,763 SNM | ▼ -9.38 % |
23/05 | 2,610 SNM | ▲ 48.02 % |
24/05 | 3,011 SNM | ▲ 15.35 % |
25/05 | 3,052 SNM | ▲ 1.36 % |
26/05 | 3,612 SNM | ▲ 18.36 % |
27/05 | 2,114 SNM | ▼ -41.49 % |
28/05 | 1,598 SNM | ▼ -24.38 % |
29/05 | 1,382 SNM | ▼ -13.51 % |
30/05 | 2,003 SNM | ▲ 44.91 % |
31/05 | 2,474 SNM | ▲ 23.5 % |
01/06 | 1,607 SNM | ▼ -35.05 % |
02/06 | 1,630 SNM | ▲ 1.46 % |
03/06 | 1,668 SNM | ▲ 2.29 % |
04/06 | 1,628 SNM | ▼ -2.41 % |
05/06 | 1,424 SNM | ▼ -12.49 % |
06/06 | 1,960 SNM | ▲ 37.61 % |
07/06 | 1,938 SNM | ▼ -1.13 % |
08/06 | 1,883 SNM | ▼ -2.85 % |
09/06 | 3,753 SNM | ▲ 99.36 % |
10/06 | 2,626 SNM | ▼ -30.05 % |
11/06 | 2,526 SNM | ▼ -3.81 % |
12/06 | 2,685 SNM | ▲ 6.31 % |
13/06 | 2,446 SNM | ▼ -8.88 % |
14/06 | 1,980 SNM | ▼ -19.08 % |
15/06 | 2,480 SNM | ▲ 25.27 % |
* — Price prediction of the Nakfa/SONM 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.
Nakfa/SONM price prediction for the next 3 months*
20/05 — 26/05 | 2,347 SNM | ▲ 0.68 % |
27/05 — 02/06 | 3,750 SNM | ▲ 59.81 % |
03/06 — 09/06 | 4,667 SNM | ▲ 24.45 % |
10/06 — 16/06 | 4,178 SNM | ▼ -10.49 % |
17/06 — 23/06 | 5,246 SNM | ▲ 25.57 % |
24/06 — 30/06 | 6,609 SNM | ▲ 25.97 % |
01/07 — 07/07 | 4,133 SNM | ▼ -37.46 % |
08/07 — 14/07 | 3,104 SNM | ▼ -24.88 % |
15/07 — 21/07 | 2,416 SNM | ▼ -22.19 % |
22/07 — 28/07 | 2,997 SNM | ▲ 24.07 % |
29/07 — 04/08 | 6,162 SNM | ▲ 105.6 % |
05/08 — 11/08 | 5,854 SNM | ▼ -4.99 % |
Nakfa/SONM price prediction for the next year*
06/2024 | 2,240 SNM | ▼ -3.92 % |
07/2024 | 2,985 SNM | ▲ 33.27 % |
08/2024 | 2,315 SNM | ▼ -22.43 % |
09/2024 | 3,811 SNM | ▲ 64.62 % |
10/2024 | 77,308 SNM | ▲ 1928.48 % |
11/2024 | 896,915 SNM | ▲ 1060.19 % |
12/2024 | 997,037 SNM | ▲ 11.16 % |
01/2025 | 684,211 SNM | ▼ -31.38 % |
02/2025 | 967,829 SNM | ▲ 41.45 % |
03/2025 | 2,255,329 SNM | ▲ 133.03 % |
04/2025 | 2,229,672 SNM | ▼ -1.14 % |
05/2025 | 2,206,914 SNM | ▼ -1.02 % |
Nakfa/SONM exchange rate statistics
For 30 days | |
---|---|
Minimum | 24.0123 SNM |
Maximum | 3,790 SNM |
Weighted Average | 1,727 SNM |
For 90 days | |
Minimum | 22.0406 SNM |
Maximum | 4,303 SNM |
Weighted Average | 1,693 SNM |
For 365 days | |
Minimum | 0.15231735 SNM |
Maximum | 4,303 SNM |
Weighted Average | 722.63 SNM |
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