Currency exchange rate Malaysian Ringgit against the All Sports. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Malaysian Ringgit currency exchange rate against the All Sports currency:
currency exchange rate history, background information, prediction and more about MYR/SOC
Chart of History of changes in the MYR/SOC exchange rate
MYR/SOC exchange rate on today
08 24, 2023
1 MYR = 1,958 SOC
▲ 0.06 %
This page provides information about the currency pair Malaysian Ringgit/All Sports, and more precisely about how much 1 Malaysian Ringgit costs in All Sports.
Data on the currency pair MYR/SOC 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 MYR/SOC 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 Malaysian Ringgit/All Sports, 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 MYR/SOC exchange rate over the past 30 days
For the last 30 days (08 02, 2023 — 08 24, 2023) the Malaysian Ringgit exchange rate against the All Sports currency changed by -2.29% (2,003 SOC — 1,958 SOC)
Change in the MYR/SOC exchange rate over the past 90 days
For the last 90 days (08 02, 2023 — 08 24, 2023) the Malaysian Ringgit exchange rate against the All Sports currency changed by -2.29% (2,003 SOC — 1,958 SOC)
Change in the MYR/SOC exchange rate over the past 365 days
For the last 365 days (08 25, 2022 — 08 24, 2023) the Malaysian Ringgit exchange rate against the All Sports currency changed by 10259.55% (18.8964 SOC — 1,958 SOC)
Change in the MYR/SOC exchange rate for all time
For all the time our site has been running (04 10, 2020 — 08 24, 2023) the Malaysian Ringgit exchange rate against the All Sports currency changed by 2343.19% (80.1241 SOC — 1,958 SOC)
Malaysian Ringgit/All Sports price prediction
Malaysian Ringgit/All Sports price prediction for the next 30 days*
| 04/05 | 2,559 SOC | ▲ 30.73 % |
| 05/05 | 2,823 SOC | ▲ 10.3 % |
| 06/05 | 2,823 SOC | ▼ -0 % |
| 07/05 | 2,721 SOC | ▼ -3.61 % |
| 08/05 | 2,554 SOC | ▼ -6.14 % |
| 09/05 | 2,407 SOC | ▼ -5.76 % |
| 10/05 | 2,401 SOC | ▼ -0.21 % |
| 11/05 | 1,133 SOC | ▼ -52.8 % |
| 12/05 | 1,131 SOC | ▼ -0.19 % |
| 13/05 | 1,132 SOC | ▲ 0.04 % |
| 14/05 | 1,131 SOC | ▼ -0.08 % |
| 15/05 | 1,131 SOC | ▼ -0.01 % |
| 16/05 | 1,130 SOC | ▼ -0.05 % |
| 17/05 | 1,126 SOC | ▼ -0.38 % |
| 18/05 | 1,126 SOC | ▲ 0.03 % |
| 19/05 | 1,127 SOC | ▲ 0.1 % |
| 20/05 | 1,124 SOC | ▼ -0.29 % |
| 21/05 | 1,123 SOC | ▼ -0.06 % |
| 22/05 | 1,123 SOC | ▼ -0.01 % |
| 23/05 | 1,121 SOC | ▼ -0.18 % |
| 24/05 | 1,111 SOC | ▼ -0.91 % |
| 25/05 | 1,110 SOC | ▼ -0.06 % |
| 26/05 | 1,105 SOC | ▼ -0.46 % |
| 27/05 | 1,105 SOC | ▼ -0.03 % |
| 28/05 | 1,105 SOC | ▼ -0.05 % |
| 29/05 | 1,105 SOC | ▲ 0 % |
| 30/05 | 1,105 SOC | ▲ 0.02 % |
| 31/05 | 1,105 SOC | ▲ 0.03 % |
| 01/06 | 1,105 SOC | ▼ -0.04 % |
| 02/06 | 1,106 SOC | ▲ 0.16 % |
* — Price prediction of the Malaysian Ringgit/All Sports 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.
Malaysian Ringgit/All Sports price prediction for the next 3 months*
| 06/05 — 12/05 | 20,520 SOC | ▲ 948.21 % |
| 13/05 — 19/05 | 26,843 SOC | ▲ 30.82 % |
| 20/05 — 26/05 | 26,644 SOC | ▼ -0.74 % |
| 27/05 — 02/06 | 19,355 SOC | ▼ -27.36 % |
| 03/06 — 09/06 | 28,890 SOC | ▲ 49.26 % |
| 10/06 — 16/06 | 46,104 SOC | ▲ 59.58 % |
| 17/06 — 23/06 | 26,821 SOC | ▼ -41.82 % |
| 24/06 — 30/06 | 9,836 SOC | ▼ -63.33 % |
| 01/07 — 07/07 | 9,816 SOC | ▼ -0.2 % |
| 08/07 — 14/07 | 9,735 SOC | ▼ -0.83 % |
| 15/07 — 21/07 | 9,584 SOC | ▼ -1.55 % |
| 22/07 — 28/07 | 9,598 SOC | ▲ 0.15 % |
Malaysian Ringgit/All Sports price prediction for the next year*
| 06/2024 | 2,008 SOC | ▲ 2.58 % |
| 07/2024 | 1,899 SOC | ▼ -5.42 % |
| 08/2024 | 1,853 SOC | ▼ -2.43 % |
| 08/2024 | 4,296 SOC | ▲ 131.85 % |
| 09/2024 | 6,787 SOC | ▲ 57.98 % |
| 10/2024 | 10,840 SOC | ▲ 59.71 % |
| 11/2024 | 7,728 SOC | ▼ -28.71 % |
| 12/2024 | 6,482 SOC | ▼ -16.12 % |
| 01/2025 | 168,809 SOC | ▲ 2504.14 % |
| 02/2025 | 398,475 SOC | ▲ 136.05 % |
| 03/2025 | 20,823 SOC | ▼ -94.77 % |
| 04/2025 | 20,396 SOC | ▼ -2.05 % |
Malaysian Ringgit/All Sports exchange rate statistics
| For 30 days | |
|---|---|
| Minimum | 1,953 SOC |
| Maximum | 2,003 SOC |
| Weighted Average | 1,977 SOC |
| For 90 days | |
| Minimum | 1,953 SOC |
| Maximum | 2,003 SOC |
| Weighted Average | 1,977 SOC |
| For 365 days | |
| Minimum | 0.00864962 SOC |
| Maximum | 4,501 SOC |
| Weighted Average | 938.85 SOC |
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Anthony Carter CEO, lead analyst 
David Bailey Managing Director, Director of research Department 
Anthony Glenn Deputy head of analytical Department 
Joseph Hensley Senior analyst, markets and equities Department