Currency exchange rate Solomon Islands Dollar against the Malagasy Ariary. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Solomon Islands Dollar currency exchange rate against the Malagasy Ariary currency:
currency exchange rate history, background information, prediction and more about SBD/MGA
Chart of History of changes in the SBD/MGA exchange rate
SBD/MGA exchange rate on today
05 26, 2024
1 SBD = 16,225 MGA
▼ -0.04 %
This page provides information about the currency pair Solomon Islands Dollar/Malagasy Ariary, and more precisely about how much 1 Solomon Islands Dollar costs in Malagasy Ariary.
Data on the currency pair SBD/MGA 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 SBD/MGA 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 Solomon Islands Dollar/Malagasy Ariary, 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 SBD/MGA exchange rate over the past 30 days
For the last 30 days (04 27, 2024 — 05 26, 2024) the Solomon Islands Dollar exchange rate against the Malagasy Ariary currency changed by -7.62% (17,564 MGA — 16,225 MGA)
Change in the SBD/MGA exchange rate over the past 90 days
For the last 90 days (02 27, 2024 — 05 26, 2024) the Solomon Islands Dollar exchange rate against the Malagasy Ariary currency changed by -14.02% (18,870 MGA — 16,225 MGA)
Change in the SBD/MGA exchange rate over the past 365 days
For the last 365 days (05 28, 2023 — 05 26, 2024) the Solomon Islands Dollar exchange rate against the Malagasy Ariary currency changed by 63.76% (9,908 MGA — 16,225 MGA)
Change in the SBD/MGA exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 26, 2024) the Solomon Islands Dollar exchange rate against the Malagasy Ariary currency changed by 3491.09% (451.81 MGA — 16,225 MGA)
Solomon Islands Dollar/Malagasy Ariary price prediction
Solomon Islands Dollar/Malagasy Ariary price prediction for the next 30 days*
28/05 | 15,900 MGA | ▼ -2 % |
29/05 | 15,804 MGA | ▼ -0.61 % |
30/05 | 15,543 MGA | ▼ -1.65 % |
31/05 | 15,747 MGA | ▲ 1.31 % |
01/06 | 15,444 MGA | ▼ -1.93 % |
02/06 | 15,186 MGA | ▼ -1.67 % |
03/06 | 15,521 MGA | ▲ 2.2 % |
04/06 | 15,602 MGA | ▲ 0.52 % |
05/06 | 15,509 MGA | ▼ -0.6 % |
06/06 | 15,594 MGA | ▲ 0.55 % |
07/06 | 16,291 MGA | ▲ 4.47 % |
08/06 | 15,692 MGA | ▼ -3.68 % |
09/06 | 15,193 MGA | ▼ -3.18 % |
10/06 | 15,225 MGA | ▲ 0.21 % |
11/06 | 14,805 MGA | ▼ -2.76 % |
12/06 | 15,124 MGA | ▲ 2.16 % |
13/06 | 14,844 MGA | ▼ -1.85 % |
14/06 | 14,633 MGA | ▼ -1.42 % |
15/06 | 15,195 MGA | ▲ 3.85 % |
16/06 | 15,271 MGA | ▲ 0.5 % |
17/06 | 15,336 MGA | ▲ 0.42 % |
18/06 | 15,444 MGA | ▲ 0.7 % |
19/06 | 15,371 MGA | ▼ -0.47 % |
20/06 | 15,267 MGA | ▼ -0.67 % |
21/06 | 15,532 MGA | ▲ 1.74 % |
22/06 | 15,626 MGA | ▲ 0.6 % |
23/06 | 15,551 MGA | ▼ -0.48 % |
24/06 | 15,338 MGA | ▼ -1.37 % |
25/06 | 15,284 MGA | ▼ -0.35 % |
26/06 | 19,749 MGA | ▲ 29.21 % |
* — Price prediction of the Solomon Islands Dollar/Malagasy Ariary 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.
Solomon Islands Dollar/Malagasy Ariary price prediction for the next 3 months*
03/06 — 09/06 | 16,435 MGA | ▲ 1.3 % |
10/06 — 16/06 | 14,200 MGA | ▼ -13.6 % |
17/06 — 23/06 | 13,631 MGA | ▼ -4.01 % |
24/06 — 30/06 | 13,490 MGA | ▼ -1.04 % |
01/07 — 07/07 | 13,135 MGA | ▼ -2.63 % |
08/07 — 14/07 | 11,361 MGA | ▼ -13.5 % |
15/07 — 21/07 | 11,502 MGA | ▲ 1.24 % |
22/07 — 28/07 | 10,985 MGA | ▼ -4.5 % |
29/07 — 04/08 | 11,005 MGA | ▲ 0.19 % |
05/08 — 11/08 | 10,280 MGA | ▼ -6.59 % |
12/08 — 18/08 | 10,535 MGA | ▲ 2.49 % |
19/08 — 25/08 | 13,905 MGA | ▲ 31.98 % |
Solomon Islands Dollar/Malagasy Ariary price prediction for the next year*
06/2024 | 16,897 MGA | ▲ 4.14 % |
07/2024 | 17,278 MGA | ▲ 2.25 % |
08/2024 | 15,319 MGA | ▼ -11.34 % |
09/2024 | 17,330 MGA | ▲ 13.13 % |
10/2024 | 24,020 MGA | ▲ 38.61 % |
11/2024 | 35,224 MGA | ▲ 46.64 % |
12/2024 | 34,688 MGA | ▼ -1.52 % |
01/2025 | 29,681 MGA | ▼ -14.44 % |
02/2025 | 23,192 MGA | ▼ -21.86 % |
03/2025 | 32,189 MGA | ▲ 38.79 % |
04/2025 | 27,404 MGA | ▼ -14.86 % |
05/2025 | 32,903 MGA | ▲ 20.06 % |
Solomon Islands Dollar/Malagasy Ariary exchange rate statistics
For 30 days | |
---|---|
Minimum | 519.41 MGA |
Maximum | 18,759 MGA |
Weighted Average | 12,662 MGA |
For 90 days | |
Minimum | 512.66 MGA |
Maximum | 25,224 MGA |
Weighted Average | 14,549 MGA |
For 365 days | |
Minimum | 512.66 MGA |
Maximum | 28,644 MGA |
Weighted Average | 11,851 MGA |
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