Currency exchange rate Malaysian Ringgit 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 Malaysian Ringgit currency exchange rate against the Somali Shilling currency:
currency exchange rate history, background information, prediction and more about MYR/SOS
Chart of History of changes in the MYR/SOS exchange rate
MYR/SOS exchange rate on today
05 24, 2024
1 MYR = 8,891,787 SOS
▼ -2.43 %
This page provides information about the currency pair Malaysian Ringgit/Somali Shilling, and more precisely about how much 1 Malaysian Ringgit costs in Somali Shilling.
Data on the currency pair MYR/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 MYR/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 Malaysian Ringgit/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 MYR/SOS exchange rate over the past 30 days
For the last 30 days (04 25, 2024 — 05 24, 2024) the Malaysian Ringgit exchange rate against the Somali Shilling currency changed by 26.47% (7,030,941 SOS — 8,891,787 SOS)
Change in the MYR/SOS exchange rate over the past 90 days
For the last 90 days (02 25, 2024 — 05 24, 2024) the Malaysian Ringgit exchange rate against the Somali Shilling currency changed by 22.38% (7,265,522 SOS — 8,891,787 SOS)
Change in the MYR/SOS exchange rate over the past 365 days
For the last 365 days (05 26, 2023 — 05 24, 2024) the Malaysian Ringgit exchange rate against the Somali Shilling currency changed by 172.14% (3,267,379 SOS — 8,891,787 SOS)
Change in the MYR/SOS exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 24, 2024) the Malaysian Ringgit exchange rate against the Somali Shilling currency changed by 6607489.37% (134.57 SOS — 8,891,787 SOS)
Malaysian Ringgit/Somali Shilling price prediction
Malaysian Ringgit/Somali Shilling price prediction for the next 30 days*
25/05 | 9,172,894 SOS | ▲ 3.16 % |
26/05 | 9,393,123 SOS | ▲ 2.4 % |
27/05 | 9,574,081 SOS | ▲ 1.93 % |
28/05 | 9,544,975 SOS | ▼ -0.3 % |
29/05 | 10,073,154 SOS | ▲ 5.53 % |
30/05 | 10,630,954 SOS | ▲ 5.54 % |
31/05 | 10,720,465 SOS | ▲ 0.84 % |
01/06 | 10,554,340 SOS | ▼ -1.55 % |
02/06 | 10,610,181 SOS | ▲ 0.53 % |
03/06 | 10,153,137 SOS | ▼ -4.31 % |
04/06 | 10,118,125 SOS | ▼ -0.34 % |
05/06 | 9,847,262 SOS | ▼ -2.68 % |
06/06 | 9,917,356 SOS | ▲ 0.71 % |
07/06 | 10,446,651 SOS | ▲ 5.34 % |
08/06 | 10,570,079 SOS | ▲ 1.18 % |
09/06 | 10,235,095 SOS | ▼ -3.17 % |
10/06 | 10,338,848 SOS | ▲ 1.01 % |
11/06 | 10,471,651 SOS | ▲ 1.28 % |
12/06 | 10,936,835 SOS | ▲ 4.44 % |
13/06 | 11,981,593 SOS | ▲ 9.55 % |
14/06 | 11,915,451 SOS | ▼ -0.55 % |
15/06 | 11,586,918 SOS | ▼ -2.76 % |
16/06 | 11,500,776 SOS | ▼ -0.74 % |
17/06 | 11,668,857 SOS | ▲ 1.46 % |
18/06 | 12,003,747 SOS | ▲ 2.87 % |
19/06 | 12,053,151 SOS | ▲ 0.41 % |
20/06 | 11,555,429 SOS | ▼ -4.13 % |
21/06 | 11,880,696 SOS | ▲ 2.81 % |
22/06 | 11,767,963 SOS | ▼ -0.95 % |
23/06 | 14,566,472 SOS | ▲ 23.78 % |
* — Price prediction of the Malaysian Ringgit/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.
Malaysian Ringgit/Somali Shilling price prediction for the next 3 months*
27/05 — 02/06 | 8,494,993 SOS | ▼ -4.46 % |
03/06 — 09/06 | 9,646,173 SOS | ▲ 13.55 % |
10/06 — 16/06 | 10,400,973 SOS | ▲ 7.82 % |
17/06 — 23/06 | 11,062,860 SOS | ▲ 6.36 % |
24/06 — 30/06 | 10,945,583 SOS | ▼ -1.06 % |
01/07 — 07/07 | 15,708,347 SOS | ▲ 43.51 % |
08/07 — 14/07 | 14,207,427 SOS | ▼ -9.55 % |
15/07 — 21/07 | 17,203,532 SOS | ▲ 21.09 % |
22/07 — 28/07 | 16,809,745 SOS | ▼ -2.29 % |
29/07 — 04/08 | 19,161,053 SOS | ▲ 13.99 % |
05/08 — 11/08 | 20,893,633 SOS | ▲ 9.04 % |
12/08 — 18/08 | 26,811,148 SOS | ▲ 28.32 % |
Malaysian Ringgit/Somali Shilling price prediction for the next year*
06/2024 | 8,094,164 SOS | ▼ -8.97 % |
07/2024 | 10,735,358 SOS | ▲ 32.63 % |
08/2024 | 13,356,869 SOS | ▲ 24.42 % |
09/2024 | 14,648,900 SOS | ▲ 9.67 % |
10/2024 | 34,689,136 SOS | ▲ 136.8 % |
11/2024 | 27,864,252 SOS | ▼ -19.67 % |
12/2024 | 17,197,661 SOS | ▼ -38.28 % |
01/2025 | 20,535,970 SOS | ▲ 19.41 % |
02/2025 | 17,715,806 SOS | ▼ -13.73 % |
03/2025 | 12,592,757 SOS | ▼ -28.92 % |
04/2025 | 21,996,916 SOS | ▲ 74.68 % |
05/2025 | 36,104,914 SOS | ▲ 64.14 % |
Malaysian Ringgit/Somali Shilling exchange rate statistics
For 30 days | |
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Minimum | 7,366,290 SOS |
Maximum | 121.93 SOS |
Weighted Average | 6,170,003 SOS |
For 90 days | |
Minimum | 3,689,015 SOS |
Maximum | 122.18 SOS |
Weighted Average | 4,735,686 SOS |
For 365 days | |
Minimum | 3,183,133 SOS |
Maximum | 126.08 SOS |
Weighted Average | 4,894,000 SOS |
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