Currency exchange rate Sudanese Pound against the Magi. Chart, history price and prediction on tomorrow, next month, 2024 year

On this page, you can always find detailed information about the Sudanese Pound currency exchange rate against the Magi currency:
currency exchange rate history, background information, prediction and more about SDG/XMG

Chart of History of changes in the SDG/XMG exchange rate

SDG/XMG exchange rate on today

06 15, 2020
1 SDG = 0.93164445 XMG
▲ 0.09 %

This page provides information about the currency pair Sudanese Pound/Magi, and more precisely about how much 1 Sudanese Pound costs in Magi.

Data on the currency pair SDG/XMG 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 SDG/XMG 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 Sudanese Pound/Magi, 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:

  1. 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.

  2. 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.

  3. 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.

  4. 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 SDG/XMG exchange rate over the past 30 days

For the last 30 days (05 17, 2020 — 06 15, 2020) the Sudanese Pound exchange rate against the Magi currency changed by -8.77% (1.02124 XMG — 0.93164445 XMG)

Change in the SDG/XMG exchange rate over the past 90 days

For the last 90 days (04 10, 2020 — 06 15, 2020) the Sudanese Pound exchange rate against the Magi currency changed by -27.02% (1.276551 XMG — 0.93164445 XMG)

Change in the SDG/XMG exchange rate over the past 365 days

For the last 365 days (04 10, 2020 — 06 15, 2020) the Sudanese Pound exchange rate against the Magi currency changed by -27.02% (1.276551 XMG — 0.93164445 XMG)

Change in the SDG/XMG exchange rate for all time

For all the time our site has been running (04 10, 2020 — 06 15, 2020) the Sudanese Pound exchange rate against the Magi currency changed by -27.02% (1.276551 XMG — 0.93164445 XMG)

Sudanese Pound/Magi price prediction

Sudanese Pound/Magi price prediction for the next 30 days*

25/05 0.93170122 XMG ▲ 0.01 %
26/05 0.88041817 XMG ▼ -5.5 %
27/05 0.85181085 XMG ▼ -3.25 %
28/05 0.85128441 XMG ▼ -0.06 %
29/05 0.85114372 XMG ▼ -0.02 %
30/05 0.85150827 XMG ▲ 0.04 %
31/05 0.85149431 XMG ▼ -0 %
01/06 0.85152704 XMG ▲ 0 %
02/06 0.85152346 XMG ▼ -0 %
03/06 0.85136565 XMG ▼ -0.02 %
04/06 0.81664135 XMG ▼ -4.08 %
05/06 0.8939564 XMG ▲ 9.47 %
06/06 0.88025432 XMG ▼ -1.53 %
07/06 0.87998665 XMG ▼ -0.03 %
08/06 0.87998693 XMG ▲ 0 %
09/06 0.88586092 XMG ▲ 0.67 %
10/06 0.86655446 XMG ▼ -2.18 %
11/06 0.89564508 XMG ▲ 3.36 %
12/06 0.89647719 XMG ▲ 0.09 %
13/06 0.8964764 XMG ▼ -0 %
14/06 0.89658853 XMG ▲ 0.01 %
15/06 0.89659266 XMG ▲ 0 %
16/06 0.88733322 XMG ▼ -1.03 %
17/06 0.87460209 XMG ▼ -1.43 %
18/06 0.87673284 XMG ▲ 0.24 %
19/06 0.87661686 XMG ▼ -0.01 %
20/06 0.87643085 XMG ▼ -0.02 %
21/06 0.87629046 XMG ▼ -0.02 %
22/06 0.87612937 XMG ▼ -0.02 %
23/06 0.87629565 XMG ▲ 0.02 %

* — Price prediction of the Sudanese Pound/Magi 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.

Sudanese Pound/Magi price prediction for the next 3 months*

27/05 — 02/06 0.94355667 XMG ▲ 1.28 %
03/06 — 09/06 0.89666048 XMG ▼ -4.97 %
10/06 — 16/06 0.8544942 XMG ▼ -4.7 %
17/06 — 23/06 0.73137517 XMG ▼ -14.41 %
24/06 — 30/06 0.70892581 XMG ▼ -3.07 %
01/07 — 07/07 0.75121582 XMG ▲ 5.97 %
08/07 — 14/07 0.7232839 XMG ▼ -3.72 %
15/07 — 21/07 0.72564978 XMG ▲ 0.33 %
22/07 — 28/07 0.72654412 XMG ▲ 0.12 %
29/07 — 04/08 0.71960729 XMG ▼ -0.95 %

Sudanese Pound/Magi price prediction for the next year*

06/2024 0.84886745 XMG ▼ -8.89 %
07/2024 0.69472785 XMG ▼ -18.16 %
08/2024 0.68991604 XMG ▼ -0.69 %

Sudanese Pound/Magi exchange rate statistics

For 30 days
Minimum 0.9298731 XMG
Maximum 1.021462 XMG
Weighted Average 0.9379479 XMG
For 90 days
Minimum 0.92378987 XMG
Maximum 1.299198 XMG
Weighted Average 1.03208 XMG
For 365 days
Minimum 0.92378987 XMG
Maximum 1.299198 XMG
Weighted Average 1.03208 XMG

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Our expert

All forecasts on our website are made by our professional financial experts. Here are just a few of them:

Anthony Carter Anthony Carter CEO, lead analyst
David Bailey David Bailey Managing Director, Director of research Department
Anthony Glenn Anthony Glenn Deputy head of analytical Department
Joseph Hensley Joseph Hensley Senior analyst, markets and equities Department