Currency exchange rate Lari against the Sumokoin. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Lari currency exchange rate against the Sumokoin currency:
currency exchange rate history, background information, prediction and more about GEL/SUMO
Chart of History of changes in the GEL/SUMO exchange rate
GEL/SUMO exchange rate on today
05 05, 2024
1 GEL = 37.3269 SUMO
▼ -3.65 %
This page provides information about the currency pair Lari/Sumokoin, and more precisely about how much 1 Lari costs in Sumokoin.
Data on the currency pair GEL/SUMO 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 GEL/SUMO 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 Lari/Sumokoin, 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 GEL/SUMO exchange rate over the past 30 days
For the last 30 days (04 06, 2024 — 05 05, 2024) the Lari exchange rate against the Sumokoin currency changed by -32.24% (55.0888 SUMO — 37.3269 SUMO)
Change in the GEL/SUMO exchange rate over the past 90 days
For the last 90 days (02 06, 2024 — 05 05, 2024) the Lari exchange rate against the Sumokoin currency changed by -62.17% (98.6803 SUMO — 37.3269 SUMO)
Change in the GEL/SUMO exchange rate over the past 365 days
For the last 365 days (05 07, 2023 — 05 05, 2024) the Lari exchange rate against the Sumokoin currency changed by 80.48% (20.682 SUMO — 37.3269 SUMO)
Change in the GEL/SUMO exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 05, 2024) the Lari exchange rate against the Sumokoin currency changed by 1101.11% (3.1077 SUMO — 37.3269 SUMO)
Lari/Sumokoin price prediction
Lari/Sumokoin price prediction for the next 30 days*
06/05 | 32.9846 SUMO | ▼ -11.63 % |
07/05 | 32.8477 SUMO | ▼ -0.42 % |
08/05 | 35.7615 SUMO | ▲ 8.87 % |
09/05 | 36.269 SUMO | ▲ 1.42 % |
10/05 | 34.8062 SUMO | ▼ -4.03 % |
11/05 | 34.4255 SUMO | ▼ -1.09 % |
12/05 | 33.1543 SUMO | ▼ -3.69 % |
13/05 | 28.7811 SUMO | ▼ -13.19 % |
14/05 | 27.6936 SUMO | ▼ -3.78 % |
15/05 | 27.9921 SUMO | ▲ 1.08 % |
16/05 | 28.5286 SUMO | ▲ 1.92 % |
17/05 | 28.6525 SUMO | ▲ 0.43 % |
18/05 | 28.6561 SUMO | ▲ 0.01 % |
19/05 | 28.5461 SUMO | ▼ -0.38 % |
20/05 | 28.1034 SUMO | ▼ -1.55 % |
21/05 | 29.1881 SUMO | ▲ 3.86 % |
22/05 | 30.0348 SUMO | ▲ 2.9 % |
23/05 | 30.5231 SUMO | ▲ 1.63 % |
24/05 | 31.8689 SUMO | ▲ 4.41 % |
25/05 | 32.8485 SUMO | ▲ 3.07 % |
26/05 | 32.6105 SUMO | ▼ -0.72 % |
27/05 | 32.0583 SUMO | ▼ -1.69 % |
28/05 | 33.1008 SUMO | ▲ 3.25 % |
29/05 | 32.1249 SUMO | ▼ -2.95 % |
30/05 | 29.8304 SUMO | ▼ -7.14 % |
31/05 | 29.9733 SUMO | ▲ 0.48 % |
01/06 | 28.8821 SUMO | ▼ -3.64 % |
02/06 | 28.8339 SUMO | ▼ -0.17 % |
03/06 | 28.0182 SUMO | ▼ -2.83 % |
04/06 | 24.7013 SUMO | ▼ -11.84 % |
* — Price prediction of the Lari/Sumokoin 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.
Lari/Sumokoin price prediction for the next 3 months*
06/05 — 12/05 | 33.1298 SUMO | ▼ -11.24 % |
13/05 — 19/05 | 38.3624 SUMO | ▲ 15.79 % |
20/05 — 26/05 | 27.2178 SUMO | ▼ -29.05 % |
27/05 — 02/06 | 24.2887 SUMO | ▼ -10.76 % |
03/06 — 09/06 | 24.4254 SUMO | ▲ 0.56 % |
10/06 — 16/06 | 21.6227 SUMO | ▼ -11.47 % |
17/06 — 23/06 | 22.2155 SUMO | ▲ 2.74 % |
24/06 — 30/06 | 20.7096 SUMO | ▼ -6.78 % |
01/07 — 07/07 | 15.7786 SUMO | ▼ -23.81 % |
08/07 — 14/07 | 16.6711 SUMO | ▲ 5.66 % |
15/07 — 21/07 | 17.5354 SUMO | ▲ 5.18 % |
22/07 — 28/07 | 13.9141 SUMO | ▼ -20.65 % |
Lari/Sumokoin price prediction for the next year*
06/2024 | 39.1385 SUMO | ▲ 4.85 % |
07/2024 | 39.2415 SUMO | ▲ 0.26 % |
08/2024 | 43.0335 SUMO | ▲ 9.66 % |
09/2024 | 56.6876 SUMO | ▲ 31.73 % |
10/2024 | 59.8796 SUMO | ▲ 5.63 % |
11/2024 | 73.4565 SUMO | ▲ 22.67 % |
12/2024 | 78.516 SUMO | ▲ 6.89 % |
12/2024 | 147.6 SUMO | ▲ 87.99 % |
01/2025 | 140.63 SUMO | ▼ -4.72 % |
03/2025 | 109.45 SUMO | ▼ -22.18 % |
03/2025 | 87.7144 SUMO | ▼ -19.86 % |
04/2025 | 70.9862 SUMO | ▼ -19.07 % |
Lari/Sumokoin exchange rate statistics
For 30 days | |
---|---|
Minimum | 37.9297 SUMO |
Maximum | 57.8282 SUMO |
Weighted Average | 45.515 SUMO |
For 90 days | |
Minimum | 33.2314 SUMO |
Maximum | 124.2 SUMO |
Weighted Average | 64.2557 SUMO |
For 365 days | |
Minimum | 0.9659683 SUMO |
Maximum | 124.2 SUMO |
Weighted Average | 46.0386 SUMO |
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