Currency exchange rate Malaysian Ringgit 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 Malaysian Ringgit currency exchange rate against the Somali Shilling currency:
currency exchange rate history, background information, prediction and more about MYR/SOS
Chart of History of changes in the MYR/SOS exchange rate
MYR/SOS exchange rate on today
06 03, 2024
1 MYR = 7,905,318 SOS
▼ -1.16 %
This page provides information about the currency pair Malaysian Ringgit/Somali Shilling, and more precisely about how much 1 Malaysian Ringgit costs in Somali Shilling.
Data on the currency pair MYR/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 MYR/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 Malaysian Ringgit/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 MYR/SOS exchange rate over the past 30 days
For the last 30 days (05 05, 2024 — 06 03, 2024) the Malaysian Ringgit exchange rate against the Somali Shilling currency changed by 1.68% (7,774,829 SOS — 7,905,318 SOS)
Change in the MYR/SOS exchange rate over the past 90 days
For the last 90 days (03 06, 2024 — 06 03, 2024) the Malaysian Ringgit exchange rate against the Somali Shilling currency changed by 74.14% (4,539,642 SOS — 7,905,318 SOS)
Change in the MYR/SOS exchange rate over the past 365 days
For the last 365 days (06 05, 2023 — 06 03, 2024) the Malaysian Ringgit exchange rate against the Somali Shilling currency changed by 153.54% (3,117,945 SOS — 7,905,318 SOS)
Change in the MYR/SOS exchange rate for all time
For all the time our site has been running (04 10, 2020 — 06 03, 2024) the Malaysian Ringgit exchange rate against the Somali Shilling currency changed by 5874433.47% (134.57 SOS — 7,905,318 SOS)
Malaysian Ringgit/Somali Shilling price prediction
Malaysian Ringgit/Somali Shilling price prediction for the next 30 days*
04/06 | 7,863,522 SOS | ▼ -0.53 % |
05/06 | 7,678,355 SOS | ▼ -2.35 % |
06/06 | 7,718,459 SOS | ▲ 0.52 % |
07/06 | 8,034,868 SOS | ▲ 4.1 % |
08/06 | 8,119,271 SOS | ▲ 1.05 % |
09/06 | 7,981,144 SOS | ▼ -1.7 % |
10/06 | 8,058,226 SOS | ▲ 0.97 % |
11/06 | 8,155,039 SOS | ▲ 1.2 % |
12/06 | 8,596,032 SOS | ▲ 5.41 % |
13/06 | 9,160,884 SOS | ▲ 6.57 % |
14/06 | 9,117,555 SOS | ▼ -0.47 % |
15/06 | 8,920,431 SOS | ▼ -2.16 % |
16/06 | 8,838,728 SOS | ▼ -0.92 % |
17/06 | 8,948,909 SOS | ▲ 1.25 % |
18/06 | 9,347,165 SOS | ▲ 4.45 % |
19/06 | 9,399,867 SOS | ▲ 0.56 % |
20/06 | 9,152,880 SOS | ▼ -2.63 % |
21/06 | 9,322,394 SOS | ▲ 1.85 % |
22/06 | 9,240,823 SOS | ▼ -0.87 % |
23/06 | 9,215,359 SOS | ▼ -0.28 % |
24/06 | 8,653,541 SOS | ▼ -6.1 % |
25/06 | 7,196,847 SOS | ▼ -16.83 % |
26/06 | 6,699,069 SOS | ▼ -6.92 % |
27/06 | 7,148,204 SOS | ▲ 6.7 % |
28/06 | 7,251,578 SOS | ▲ 1.45 % |
29/06 | 7,482,686 SOS | ▲ 3.19 % |
30/06 | 7,533,638 SOS | ▲ 0.68 % |
01/07 | 7,445,131 SOS | ▼ -1.17 % |
02/07 | 7,782,821 SOS | ▲ 4.54 % |
03/07 | 9,940,952 SOS | ▲ 27.73 % |
* — Price prediction of the Malaysian Ringgit/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.
Malaysian Ringgit/Somali Shilling price prediction for the next 3 months*
10/06 — 16/06 | 7,394,666 SOS | ▼ -6.46 % |
17/06 — 23/06 | 8,251,301 SOS | ▲ 11.58 % |
24/06 — 30/06 | 8,747,031 SOS | ▲ 6.01 % |
01/07 — 07/07 | 8,641,139 SOS | ▼ -1.21 % |
08/07 — 14/07 | 14,234,965 SOS | ▲ 64.73 % |
15/07 — 21/07 | 12,899,372 SOS | ▼ -9.38 % |
22/07 — 28/07 | 15,116,644 SOS | ▲ 17.19 % |
29/07 — 04/08 | 14,636,711 SOS | ▼ -3.17 % |
05/08 — 11/08 | 15,935,323 SOS | ▲ 8.87 % |
12/08 — 18/08 | 17,334,050 SOS | ▲ 8.78 % |
19/08 — 25/08 | 13,586,591 SOS | ▼ -21.62 % |
26/08 — 01/09 | 22,393,244 SOS | ▲ 64.82 % |
Malaysian Ringgit/Somali Shilling price prediction for the next year*
07/2024 | 8,059,713 SOS | ▲ 1.95 % |
08/2024 | 10,255,816 SOS | ▲ 27.25 % |
09/2024 | 11,105,877 SOS | ▲ 8.29 % |
10/2024 | 24,431,677 SOS | ▲ 119.99 % |
10/2024 | 17,297,981 SOS | ▼ -29.2 % |
11/2024 | 11,371,789 SOS | ▼ -34.26 % |
12/2024 | 14,301,831 SOS | ▲ 25.77 % |
01/2025 | 10,545,627 SOS | ▼ -26.26 % |
02/2025 | 8,557,824 SOS | ▼ -18.85 % |
03/2025 | 16,376,937 SOS | ▲ 91.37 % |
04/2025 | 14,883,547 SOS | ▼ -9.12 % |
05/2025 | 20,039,700 SOS | ▲ 34.64 % |
Malaysian Ringgit/Somali Shilling exchange rate statistics
For 30 days | |
---|---|
Minimum | 7,097,816 SOS |
Maximum | 121.93 SOS |
Weighted Average | 6,160,752 SOS |
For 90 days | |
Minimum | 3,689,015 SOS |
Maximum | 122.18 SOS |
Weighted Average | 4,832,361 SOS |
For 365 days | |
Minimum | 3,580,017 SOS |
Maximum | 126.08 SOS |
Weighted Average | 4,985,644 SOS |
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