Currency exchange rate Time New Bank 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 Time New Bank currency exchange rate against the Somali Shilling currency:
currency exchange rate history, background information, prediction and more about TNB/SOS

Chart of History of changes in the TNB/SOS exchange rate

TNB/SOS exchange rate on today

08 25, 2023
1 TNB = 1,048 SOS
▲ 2.48 %

This page provides information about the currency pair Time New Bank/Somali Shilling, and more precisely about how much 1 Time New Bank costs in Somali Shilling.

Data on the currency pair TNB/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 TNB/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 Time New Bank/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:

  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 TNB/SOS exchange rate over the past 30 days

For the last 30 days (07 27, 2023 — 08 25, 2023) the Time New Bank exchange rate against the Somali Shilling currency changed by -80.75% (5,446 SOS — 1,048 SOS)

Change in the TNB/SOS exchange rate over the past 90 days

For the last 90 days (05 28, 2023 — 08 25, 2023) the Time New Bank exchange rate against the Somali Shilling currency changed by -76.88% (4,533 SOS — 1,048 SOS)

Change in the TNB/SOS exchange rate over the past 365 days

For the last 365 days (08 26, 2022 — 08 25, 2023) the Time New Bank exchange rate against the Somali Shilling currency changed by -94.19% (18,049 SOS — 1,048 SOS)

Change in the TNB/SOS exchange rate for all time

For all the time our site has been running (04 10, 2020 — 08 25, 2023) the Time New Bank exchange rate against the Somali Shilling currency changed by 170195.24% (0.62 SOS — 1,048 SOS)

Time New Bank/Somali Shilling price prediction

Time New Bank/Somali Shilling price prediction for the next 30 days*

30/04 1,048 SOS ▲ 0.02 %
01/05 1,015 SOS ▼ -3.15 %
02/05 1,030 SOS ▲ 1.42 %
03/05 1,053 SOS ▲ 2.28 %
04/05 1,062 SOS ▲ 0.86 %
05/05 1,071 SOS ▲ 0.78 %
06/05 1,092 SOS ▲ 1.95 %
07/05 1,086 SOS ▼ -0.48 %
08/05 1,053 SOS ▼ -3.08 %
09/05 592.74 SOS ▼ -43.7 %
10/05 313.35 SOS ▼ -47.14 %
11/05 178.24 SOS ▼ -43.12 %
12/05 179.72 SOS ▲ 0.83 %
13/05 178.51 SOS ▼ -0.67 %
14/05 178.95 SOS ▲ 0.25 %
15/05 179.03 SOS ▲ 0.04 %
16/05 180.45 SOS ▲ 0.8 %
17/05 183.5 SOS ▲ 1.69 %
18/05 181.96 SOS ▼ -0.83 %
19/05 188.51 SOS ▲ 3.59 %
20/05 197.38 SOS ▲ 4.71 %
21/05 217.64 SOS ▲ 10.27 %
22/05 215.22 SOS ▼ -1.11 %
23/05 210.73 SOS ▼ -2.08 %
24/05 208.18 SOS ▼ -1.21 %
25/05 210 SOS ▲ 0.87 %
26/05 212.65 SOS ▲ 1.26 %
27/05 211.08 SOS ▼ -0.74 %
28/05 210.74 SOS ▼ -0.16 %
29/05 278.98 SOS ▲ 32.38 %

* — Price prediction of the Time New Bank/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.

Time New Bank/Somali Shilling price prediction for the next 3 months*

06/05 — 12/05 1,050 SOS ▲ 0.13 %
13/05 — 19/05 1,243 SOS ▲ 18.41 %
20/05 — 26/05 1,262 SOS ▲ 1.52 %
27/05 — 02/06 1,037 SOS ▼ -17.84 %
03/06 — 09/06 1,156 SOS ▲ 11.53 %
10/06 — 16/06 1,250 SOS ▲ 8.15 %
17/06 — 23/06 1,202 SOS ▼ -3.85 %
24/06 — 30/06 924.31 SOS ▼ -23.12 %
01/07 — 07/07 253.74 SOS ▼ -72.55 %
08/07 — 14/07 262.89 SOS ▲ 3.61 %
15/07 — 21/07 287.54 SOS ▲ 9.38 %
22/07 — 28/07 424.81 SOS ▲ 47.74 %

Time New Bank/Somali Shilling price prediction for the next year*

05/2024 1,062 SOS ▲ 1.28 %
06/2024 261.07 SOS ▼ -75.41 %
07/2024 426.32 SOS ▲ 63.3 %
08/2024 264.87 SOS ▼ -37.87 %
09/2024 221.23 SOS ▼ -16.48 %
10/2024 208.46 SOS ▼ -5.77 %
11/2024 233.17 SOS ▲ 11.86 %
12/2024 325.18 SOS ▲ 39.46 %
01/2025 399.7 SOS ▲ 22.92 %
02/2025 338.86 SOS ▼ -15.22 %
03/2025 51.6 SOS ▼ -84.77 %
04/2025 37.82 SOS ▼ -26.71 %

Time New Bank/Somali Shilling exchange rate statistics

For 30 days
Minimum 878.77 SOS
Maximum 0.17 SOS
Weighted Average 1,362 SOS
For 90 days
Minimum 878.77 SOS
Maximum 0.18 SOS
Weighted Average 2,851 SOS
For 365 days
Minimum 878.77 SOS
Maximum 3.8 SOS
Weighted Average 4,543 SOS

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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