Currency exchange rate Uganda Shilling against the Time New Bank. Chart, history price and prediction on tomorrow, next month, 2024 year

On this page, you can always find detailed information about the Uganda Shilling currency exchange rate against the Time New Bank currency:
currency exchange rate history, background information, prediction and more about UGX/TNB

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

UGX/TNB exchange rate on today

08 25, 2023
1 UGX = 6.551018 TNB
▲ 0.42 %

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

Data on the currency pair UGX/TNB 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 UGX/TNB 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 Uganda Shilling/Time New Bank, 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 UGX/TNB exchange rate over the past 30 days

For the last 30 days (07 27, 2023 — 08 25, 2023) the Uganda Shilling exchange rate against the Time New Bank currency changed by 553.72% (1.002107 TNB — 6.551018 TNB)

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

For the last 90 days (05 28, 2023 — 08 25, 2023) the Uganda Shilling exchange rate against the Time New Bank currency changed by 657.18% (0.86518094 TNB — 6.551018 TNB)

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

For the last 365 days (08 26, 2022 — 08 25, 2023) the Uganda Shilling exchange rate against the Time New Bank currency changed by 13989.41% (0.04649603 TNB — 6.551018 TNB)

Change in the UGX/TNB exchange rate for all time

For all the time our site has been running (04 10, 2020 — 08 25, 2023) the Uganda Shilling exchange rate against the Time New Bank currency changed by 2511.57% (0.25084628 TNB — 6.551018 TNB)

Uganda Shilling/Time New Bank price prediction

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

16/05 6.507907 TNB ▼ -0.66 %
17/05 6.642824 TNB ▲ 2.07 %
18/05 6.658927 TNB ▲ 0.24 %
19/05 6.645424 TNB ▼ -0.2 %
20/05 6.580579 TNB ▼ -0.98 %
21/05 6.510948 TNB ▼ -1.06 %
22/05 6.285859 TNB ▼ -3.46 %
23/05 6.316243 TNB ▲ 0.48 %
24/05 6.600897 TNB ▲ 4.51 %
25/05 10.0141 TNB ▲ 51.71 %
26/05 22.0841 TNB ▲ 120.53 %
27/05 51.4667 TNB ▲ 133.05 %
28/05 51.2293 TNB ▼ -0.46 %
29/05 50.7655 TNB ▼ -0.91 %
30/05 50.0697 TNB ▼ -1.37 %
31/05 49.4715 TNB ▼ -1.19 %
01/06 48.5559 TNB ▼ -1.85 %
02/06 47.2821 TNB ▼ -2.62 %
03/06 47.4265 TNB ▲ 0.31 %
04/06 47.4818 TNB ▲ 0.12 %
05/06 47.3943 TNB ▼ -0.18 %
06/06 47.3302 TNB ▼ -0.14 %
07/06 48.8127 TNB ▲ 3.13 %
08/06 49.9694 TNB ▲ 2.37 %
09/06 50.0295 TNB ▲ 0.12 %
10/06 49.9833 TNB ▼ -0.09 %
11/06 49.9961 TNB ▲ 0.03 %
12/06 50.0149 TNB ▲ 0.04 %
13/06 50.3209 TNB ▲ 0.61 %
14/06 49.8815 TNB ▼ -0.87 %

* — Price prediction of the Uganda Shilling/Time New Bank 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.

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

20/05 — 26/05 6.60796 TNB ▲ 0.87 %
27/05 — 02/06 8.022998 TNB ▲ 21.41 %
03/06 — 09/06 7.631371 TNB ▼ -4.88 %
10/06 — 16/06 7.934032 TNB ▲ 3.97 %
17/06 — 23/06 8.388083 TNB ▲ 5.72 %
24/06 — 30/06 8.014701 TNB ▼ -4.45 %
01/07 — 07/07 8.264619 TNB ▲ 3.12 %
08/07 — 14/07 11.7183 TNB ▲ 41.79 %
15/07 — 21/07 43.567 TNB ▲ 271.79 %
22/07 — 28/07 40.8604 TNB ▼ -6.21 %
29/07 — 04/08 42.4077 TNB ▲ 3.79 %
05/08 — 11/08 42.3792 TNB ▼ -0.07 %

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

06/2024 6.490001 TNB ▼ -0.93 %
07/2024 69.1954 TNB ▲ 966.19 %
08/2024 88.139 TNB ▲ 27.38 %
09/2024 103.11 TNB ▲ 16.99 %
10/2024 101.95 TNB ▼ -1.12 %
11/2024 118.4 TNB ▲ 16.13 %
12/2024 143.74 TNB ▲ 21.4 %
01/2025 146.45 TNB ▲ 1.89 %
02/2025 209.14 TNB ▲ 42.81 %
03/2025 200.1 TNB ▼ -4.32 %
04/2025 587.33 TNB ▲ 193.51 %
05/2025 1,149 TNB ▲ 95.63 %

Uganda Shilling/Time New Bank exchange rate statistics

For 30 days
Minimum 0.96967589 TNB
Maximum 6.753253 TNB
Weighted Average 5.236757 TNB
For 90 days
Minimum 0.8662674 TNB
Maximum 6.753253 TNB
Weighted Average 2.7071 TNB
For 365 days
Minimum 0.03977968 TNB
Maximum 6.753253 TNB
Weighted Average 0.91269538 TNB

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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