Currency exchange rate Tanzanian Shilling 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 Tanzanian Shilling currency exchange rate against the Somali Shilling currency:
currency exchange rate history, background information, prediction and more about TZS/SOS
Chart of History of changes in the TZS/SOS exchange rate
TZS/SOS exchange rate on today
05 18, 2024
1 TZS = 16,275 SOS
▲ 3.58 %
This page provides information about the currency pair Tanzanian Shilling/Somali Shilling, and more precisely about how much 1 Tanzanian Shilling costs in Somali Shilling.
Data on the currency pair TZS/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 TZS/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 Tanzanian Shilling/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 TZS/SOS exchange rate over the past 30 days
For the last 30 days (04 19, 2024 — 05 18, 2024) the Tanzanian Shilling exchange rate against the Somali Shilling currency changed by 41.59% (11,494 SOS — 16,275 SOS)
Change in the TZS/SOS exchange rate over the past 90 days
For the last 90 days (02 19, 2024 — 05 18, 2024) the Tanzanian Shilling exchange rate against the Somali Shilling currency changed by 24.69% (13,052 SOS — 16,275 SOS)
Change in the TZS/SOS exchange rate over the past 365 days
For the last 365 days (05 20, 2023 — 05 18, 2024) the Tanzanian Shilling exchange rate against the Somali Shilling currency changed by 176.3% (5,890 SOS — 16,275 SOS)
Change in the TZS/SOS exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 18, 2024) the Tanzanian Shilling exchange rate against the Somali Shilling currency changed by 6480464.48% (0.25 SOS — 16,275 SOS)
Tanzanian Shilling/Somali Shilling price prediction
Tanzanian Shilling/Somali Shilling price prediction for the next 30 days*
19/05 | 15,551 SOS | ▼ -4.45 % |
20/05 | 15,510 SOS | ▼ -0.26 % |
21/05 | 15,773 SOS | ▲ 1.69 % |
22/05 | 15,733 SOS | ▼ -0.25 % |
23/05 | 15,356 SOS | ▼ -2.4 % |
24/05 | 17,097 SOS | ▲ 11.34 % |
25/05 | 17,491 SOS | ▲ 2.3 % |
26/05 | 17,895 SOS | ▲ 2.31 % |
27/05 | 18,191 SOS | ▲ 1.65 % |
28/05 | 18,145 SOS | ▼ -0.25 % |
29/05 | 18,734 SOS | ▲ 3.25 % |
30/05 | 19,494 SOS | ▲ 4.06 % |
31/05 | 19,583 SOS | ▲ 0.46 % |
01/06 | 19,342 SOS | ▼ -1.23 % |
02/06 | 19,307 SOS | ▼ -0.18 % |
03/06 | 18,453 SOS | ▼ -4.42 % |
04/06 | 18,333 SOS | ▼ -0.65 % |
05/06 | 17,961 SOS | ▼ -2.03 % |
06/06 | 18,090 SOS | ▲ 0.72 % |
07/06 | 18,890 SOS | ▲ 4.42 % |
08/06 | 19,136 SOS | ▲ 1.3 % |
09/06 | 18,600 SOS | ▼ -2.8 % |
10/06 | 18,835 SOS | ▲ 1.27 % |
11/06 | 19,095 SOS | ▲ 1.38 % |
12/06 | 20,205 SOS | ▲ 5.81 % |
13/06 | 22,102 SOS | ▲ 9.39 % |
14/06 | 21,930 SOS | ▼ -0.78 % |
15/06 | 21,346 SOS | ▼ -2.67 % |
16/06 | 21,222 SOS | ▼ -0.58 % |
17/06 | 28,628 SOS | ▲ 34.9 % |
* — Price prediction of the Tanzanian Shilling/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.
Tanzanian Shilling/Somali Shilling price prediction for the next 3 months*
20/05 — 26/05 | 15,089 SOS | ▼ -7.29 % |
27/05 — 02/06 | 8,424 SOS | ▼ -44.17 % |
03/06 — 09/06 | 9,601 SOS | ▲ 13.98 % |
10/06 — 16/06 | 10,714 SOS | ▲ 11.59 % |
17/06 — 23/06 | 11,864 SOS | ▲ 10.73 % |
24/06 — 30/06 | 11,706 SOS | ▼ -1.34 % |
01/07 — 07/07 | 17,403 SOS | ▲ 48.67 % |
08/07 — 14/07 | 15,734 SOS | ▼ -9.59 % |
15/07 — 21/07 | 19,684 SOS | ▲ 25.1 % |
22/07 — 28/07 | 19,074 SOS | ▼ -3.1 % |
29/07 — 04/08 | 20,760 SOS | ▲ 8.84 % |
05/08 — 11/08 | 29,988 SOS | ▲ 44.46 % |
Tanzanian Shilling/Somali Shilling price prediction for the next year*
06/2024 | 14,394 SOS | ▼ -11.56 % |
07/2024 | 17,519 SOS | ▲ 21.71 % |
08/2024 | 22,264 SOS | ▲ 27.09 % |
09/2024 | 23,863 SOS | ▲ 7.18 % |
10/2024 | 49,600 SOS | ▲ 107.85 % |
11/2024 | 38,747 SOS | ▼ -21.88 % |
12/2024 | 25,051 SOS | ▼ -35.35 % |
01/2025 | 32,026 SOS | ▲ 27.84 % |
02/2025 | 24,137 SOS | ▼ -24.63 % |
03/2025 | 17,849 SOS | ▼ -26.05 % |
04/2025 | 31,275 SOS | ▲ 75.22 % |
05/2025 | 41,756 SOS | ▲ 33.51 % |
Tanzanian Shilling/Somali Shilling exchange rate statistics
For 30 days | |
---|---|
Minimum | 11,644 SOS |
Maximum | 0.22 SOS |
Weighted Average | 10,578 SOS |
For 90 days | |
Minimum | 6,778 SOS |
Maximum | 0.23 SOS |
Weighted Average | 8,523 SOS |
For 365 days | |
Minimum | 6,014 SOS |
Maximum | 0.24 SOS |
Weighted Average | 9,015 SOS |
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