500 Naira to Somali Shilling. Chart, history price and prediction on tomorrow, next month, 2024 year

Price 500 Naira to Somali Shilling based on current data,
received from currency exchange exchanges as of 06 01, 2024, is 12,059,776 SOS.

How much is 500 NGN in SOS?

06 01, 2024
500 NGN = 12,059,776 SOS
▲ 0.09 %
500 SOS = 0.02 NGN
1 NGN = 24,120 SOS

Chart of History of price changes 500 NGN in SOS

Price statistics 500 Naira in Somali Shilling

For 30 days
Minimum 11,268,154 SOS
Maximum 213.93 SOS
Weighted Average 10,037,755 SOS
For 90 days
Minimum 5,315,001 SOS
Maximum 353.43 SOS
Weighted Average 8,222,188 SOS
For 365 days
Minimum 5,315,001 SOS
Maximum 616.02 SOS
Weighted Average 12,579,100 SOS

Change in the price of 500 NGN to SOS in the last 30 days

For the last 30 days (05 03, 2024 — 06 01, 2024) price 500 Naira against Somali Shilling changed by -14.37% (14,082,846 SOS — 12,059,776 SOS)

Change in the price of 500 NGN to SOS in the last 90 days

For the last 90 days (03 04, 2024 — 06 01, 2024) the price of 500 Naira against Somali Shilling changed by 35.46% (8,902,743 SOS — 12,059,776 SOS)

Change in the price of 500 NGN to SOS in the last 365 days

For the last 365 days (06 03, 2023 — 06 01, 2024) the price of 500 Naira against Somali Shilling changed by -25.53% (16,194,471 SOS — 12,059,776 SOS)

Change in the price of 500 NGN to SOS for the entire time

For all the time our site has been running (04 10, 2020 — 06 01, 2024) the price of 500 Naira against Somali Shilling changed by 1523458.24% (791.55 SOS — 12,059,776 SOS)

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Price prediction 500 Naira in Somali Shilling

Ways to predict the exchange rate and cryptocurrencies. 

  1. Technical analysis: This method uses past price and volume data to try to identify patterns that can indicate future price movements. Traders and investors use technical indicators, such as moving averages, MACD, RSI, and candlestick charts, to analyze the market and predict future trends. For example, if the price of Bitcoin has been trading in a range for a while, and then breaks out above a key resistance level, traders may expect the price to continue rising.

  2. Fundamental analysis: This method looks at underlying economic and financial factors to try to determine the intrinsic value of an asset. Fundamental analysis includes analyzing financial statements, economic indicators, news events, and other factors that can affect the supply and demand of an asset. For example, if a country's central bank raises interest rates, the currency of that country may appreciate against other currencies.

  3. Sentiment analysis: This method uses social media and other sources to gauge market sentiment and investor psychology. Traders and investors use sentiment analysis to try to identify trends and potential turning points in the market. For example, if there is a lot of negative news and sentiment surrounding a particular cryptocurrency, traders may expect the price to decline.

  4. Machine learning and AI: This method uses algorithms and statistical models to analyze large amounts of data and make predictions about future price movements. Machine learning algorithms can learn from past data and adjust their predictions as new data becomes available. For example, a machine learning algorithm could analyze past price data, news articles, social media sentiment, and other factors to make predictions about the future price of a particular cryptocurrency.

Prediction of 500 Naira in Somali Shilling for the next 30 days*

02/06 12,093,512 SOS ▲ 0.28 %
03/06 11,603,614 SOS ▼ -4.05 %
04/06 11,550,325 SOS ▼ -0.46 %
05/06 11,146,294 SOS ▼ -3.5 %
06/06 11,286,535 SOS ▲ 1.26 %
07/06 11,758,835 SOS ▲ 4.18 %
08/06 11,777,923 SOS ▲ 0.16 %
09/06 11,309,723 SOS ▼ -3.98 %
10/06 11,387,996 SOS ▲ 0.69 %
11/06 11,558,619 SOS ▲ 1.5 %
12/06 11,770,535 SOS ▲ 1.83 %
13/06 12,498,233 SOS ▲ 6.18 %
14/06 12,120,566 SOS ▼ -3.02 %
15/06 11,725,908 SOS ▼ -3.26 %
16/06 11,798,439 SOS ▲ 0.62 %
17/06 12,299,771 SOS ▲ 4.25 %
18/06 12,918,426 SOS ▲ 5.03 %
19/06 12,465,625 SOS ▼ -3.51 %
20/06 12,286,823 SOS ▼ -1.43 %
21/06 12,999,009 SOS ▲ 5.8 %
22/06 12,857,116 SOS ▼ -1.09 %
23/06 12,621,018 SOS ▼ -1.84 %
24/06 11,963,737 SOS ▼ -5.21 %
25/06 10,942,496 SOS ▼ -8.54 %
26/06 9,756,119 SOS ▼ -10.84 %
27/06 10,610,347 SOS ▲ 8.76 %
28/06 11,099,609 SOS ▲ 4.61 %
29/06 11,676,554 SOS ▲ 5.2 %
30/06 11,488,431 SOS ▼ -1.61 %
01/07 13,890,331 SOS ▲ 20.91 %

* — The prediction of the price of 500 Naira in Somali Shilling is made by our specialists based on statistical data, global trends and major business news. Price prediction of 500 Naira in Somali Shilling for 30 days, 3 months and a year are made by different experts and may have slight differences.

Prediction of 500 Naira in Somali Shilling for the next 3 months*

03/06 — 09/06 11,065,302 SOS ▼ -8.25 %
10/06 — 16/06 12,778,115 SOS ▲ 15.48 %
17/06 — 23/06 16,093,238 SOS ▲ 25.94 %
24/06 — 30/06 16,556,835 SOS ▲ 2.88 %
01/07 — 07/07 25,614,800 SOS ▲ 54.71 %
08/07 — 14/07 22,376,886 SOS ▼ -12.64 %
15/07 — 21/07 23,594,959 SOS ▲ 5.44 %
22/07 — 28/07 21,750,229 SOS ▼ -7.82 %
29/07 — 04/08 22,877,133 SOS ▲ 5.18 %
05/08 — 11/08 23,937,980 SOS ▲ 4.64 %
12/08 — 18/08 19,503,342 SOS ▼ -18.53 %
19/08 — 25/08 25,753,713 SOS ▲ 32.05 %

Prediction of 500 Naira in Somali Shilling for the next year*

07/2024 10,620,560 SOS ▼ -11.93 %
07/2024 13,209,482 SOS ▲ 24.38 %
08/2024 18,228,448 SOS ▲ 38 %
09/2024 19,839,808 SOS ▲ 8.84 %
10/2024 46,841,014 SOS ▲ 136.1 %
11/2024 31,053,196 SOS ▼ -33.71 %
12/2024 21,233,744 SOS ▼ -31.62 %
01/2025 20,602,056 SOS ▼ -2.97 %
02/2025 14,210,339 SOS ▼ -31.02 %
03/2025 13,118,240 SOS ▼ -7.69 %
04/2025 18,481,332 SOS ▲ 40.88 %
05/2025 21,722,118 SOS ▲ 17.54 %

FAQ

What is the price 500 NGN in SOS today, 06 01, 2024?

As of today, the price of 500 Naira to Somali Shilling is - 12,059,776 SOS

What will be the price 500 NGN in SOS tomorrow 2024.06.02?

For tomorrow 500 Naira to Somali Shilling exchange rate - 12,093,512 sos

What will be the price 500 NGN in SOS in the next month?

Our analysts have made a detailed prediction price 500 Naira to Somali Shilling for the next month. You can see it by this link. For your convenience, it is broken down by day. Please note that this is only an approximate prediction and actual data may vary.

What will be the price 500 NGN in SOS in the next 3 months?

Our analysts have made a detailed prediction price 500 Naira to Somali Shilling for the next quarter. You can see it by this link. For your convenience, it is broken down by week. Please note that this is only an approximate prediction and actual data may vary.

What will be the price 500 NGN in SOS in the coming year?

Our analysts have made a detailed prediction price 500 Naira to Somali Shilling for the next year ahead. You can see it by this link. For your convenience, it is broken down by month. Please note that this is only an approximate prediction and actual data may vary.

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