Currency exchange rate Malagasy Ariary 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 Malagasy Ariary currency exchange rate against the Somali Shilling currency:
currency exchange rate history, background information, prediction and more about MGA/SOS
Chart of History of changes in the MGA/SOS exchange rate
MGA/SOS exchange rate on today
05 03, 2024
1 MGA = 8,827 SOS
▲ 1.84 %
This page provides information about the currency pair Malagasy Ariary/Somali Shilling, and more precisely about how much 1 Malagasy Ariary costs in Somali Shilling.
Data on the currency pair MGA/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 MGA/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 Malagasy Ariary/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:
-
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.
-
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.
-
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.
-
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 MGA/SOS exchange rate over the past 30 days
For the last 30 days (04 04, 2024 — 05 03, 2024) the Malagasy Ariary exchange rate against the Somali Shilling currency changed by 52.82% (5,776 SOS — 8,827 SOS)
Change in the MGA/SOS exchange rate over the past 90 days
For the last 90 days (02 04, 2024 — 05 03, 2024) the Malagasy Ariary exchange rate against the Somali Shilling currency changed by 0.87% (8,751 SOS — 8,827 SOS)
Change in the MGA/SOS exchange rate over the past 365 days
For the last 365 days (05 05, 2023 — 05 03, 2024) the Malagasy Ariary exchange rate against the Somali Shilling currency changed by 238.98% (2,604 SOS — 8,827 SOS)
Change in the MGA/SOS exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 03, 2024) the Malagasy Ariary exchange rate against the Somali Shilling currency changed by 5697152.48% (0.15 SOS — 8,827 SOS)
Malagasy Ariary/Somali Shilling price prediction
Malagasy Ariary/Somali Shilling price prediction for the next 30 days*
04/05 | 8,826 SOS | ▼ -0.01 % |
05/05 | 8,830 SOS | ▲ 0.04 % |
06/05 | 8,543 SOS | ▼ -3.25 % |
07/05 | 7,980 SOS | ▼ -6.6 % |
08/05 | 7,952 SOS | ▼ -0.35 % |
09/05 | 8,374 SOS | ▲ 5.31 % |
10/05 | 9,183 SOS | ▲ 9.66 % |
11/05 | 9,292 SOS | ▲ 1.19 % |
12/05 | 10,242 SOS | ▲ 10.22 % |
13/05 | 11,448 SOS | ▲ 11.78 % |
14/05 | 11,984 SOS | ▲ 4.68 % |
15/05 | 11,988 SOS | ▲ 0.04 % |
16/05 | 12,059 SOS | ▲ 0.59 % |
17/05 | 10,976 SOS | ▼ -8.98 % |
18/05 | 11,293 SOS | ▲ 2.89 % |
19/05 | 10,688 SOS | ▼ -5.36 % |
20/05 | 10,640 SOS | ▼ -0.45 % |
21/05 | 10,750 SOS | ▲ 1.03 % |
22/05 | 10,728 SOS | ▼ -0.2 % |
23/05 | 10,549 SOS | ▼ -1.67 % |
24/05 | 11,782 SOS | ▲ 11.68 % |
25/05 | 12,190 SOS | ▲ 3.47 % |
26/05 | 12,455 SOS | ▲ 2.18 % |
27/05 | 12,650 SOS | ▲ 1.56 % |
28/05 | 12,622 SOS | ▼ -0.22 % |
29/05 | 13,268 SOS | ▲ 5.12 % |
30/05 | 13,803 SOS | ▲ 4.03 % |
31/05 | 13,923 SOS | ▲ 0.87 % |
01/06 | 13,758 SOS | ▼ -1.19 % |
02/06 | 17,861 SOS | ▲ 29.82 % |
* — Price prediction of the Malagasy Ariary/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.
Malagasy Ariary/Somali Shilling price prediction for the next 3 months*
06/05 — 12/05 | 5,919 SOS | ▼ -32.94 % |
13/05 — 19/05 | 9,509 SOS | ▲ 60.63 % |
20/05 — 26/05 | 8,020 SOS | ▼ -15.65 % |
27/05 — 02/06 | 5,035 SOS | ▼ -37.22 % |
03/06 — 09/06 | 5,946 SOS | ▲ 18.09 % |
10/06 — 16/06 | 6,489 SOS | ▲ 9.13 % |
17/06 — 23/06 | 7,169 SOS | ▲ 10.48 % |
24/06 — 30/06 | 7,099 SOS | ▼ -0.98 % |
01/07 — 07/07 | 9,670 SOS | ▲ 36.21 % |
08/07 — 14/07 | 8,669 SOS | ▼ -10.35 % |
15/07 — 21/07 | 10,872 SOS | ▲ 25.42 % |
22/07 — 28/07 | 14,672 SOS | ▲ 34.95 % |
Malagasy Ariary/Somali Shilling price prediction for the next year*
06/2024 | 8,048 SOS | ▼ -8.83 % |
07/2024 | 9,647 SOS | ▲ 19.87 % |
08/2024 | 12,239 SOS | ▲ 26.87 % |
08/2024 | 12,980 SOS | ▲ 6.05 % |
09/2024 | 30,179 SOS | ▲ 132.49 % |
10/2024 | 21,168 SOS | ▼ -29.86 % |
11/2024 | 15,705 SOS | ▼ -25.81 % |
12/2024 | 19,206 SOS | ▲ 22.29 % |
01/2025 | 20,077 SOS | ▲ 4.53 % |
02/2025 | 12,477 SOS | ▼ -37.85 % |
03/2025 | 22,769 SOS | ▲ 82.48 % |
04/2025 | 29,730 SOS | ▲ 30.57 % |
Malagasy Ariary/Somali Shilling exchange rate statistics
For 30 days | |
---|---|
Minimum | 5,310 SOS |
Maximum | 0.13 SOS |
Weighted Average | 5,314 SOS |
For 90 days | |
Minimum | 3,824 SOS |
Maximum | 0.25 SOS |
Weighted Average | 4,915 SOS |
For 365 days | |
Minimum | 2,633 SOS |
Maximum | 0.25 SOS |
Weighted Average | 4,854 SOS |
Share a link to the MGA/SOS exchange rate
If you want to share a link to the Malagasy Ariary (MGA) to Somali Shilling (SOS) exchange rate — copy and paste the HTML code on your site:
you can also share a link to the Malagasy Ariary (MGA) to Somali Shilling (SOS) exchange rate on the forum, copy the code and paste it on the site: