Currency exchange rate CFA Franc BEAC 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 CFA Franc BEAC currency exchange rate against the Somali Shilling currency:
currency exchange rate history, background information, prediction and more about XAF/SOS
Chart of History of changes in the XAF/SOS exchange rate
XAF/SOS exchange rate on today
06 03, 2024
1 XAF = 56,302 SOS
▼ -2 %
This page provides information about the currency pair CFA Franc BEAC/Somali Shilling, and more precisely about how much 1 CFA Franc BEAC costs in Somali Shilling.
Data on the currency pair XAF/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 XAF/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 CFA Franc BEAC/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 XAF/SOS exchange rate over the past 30 days
For the last 30 days (05 05, 2024 — 06 03, 2024) the CFA Franc BEAC exchange rate against the Somali Shilling currency changed by 0.19% (56,195 SOS — 56,302 SOS)
Change in the XAF/SOS exchange rate over the past 90 days
For the last 90 days (03 06, 2024 — 06 03, 2024) the CFA Franc BEAC exchange rate against the Somali Shilling currency changed by 72.13% (32,709 SOS — 56,302 SOS)
Change in the XAF/SOS exchange rate over the past 365 days
For the last 365 days (06 05, 2023 — 06 03, 2024) the CFA Franc BEAC exchange rate against the Somali Shilling currency changed by 158.93% (21,744 SOS — 56,302 SOS)
Change in the XAF/SOS exchange rate for all time
For all the time our site has been running (04 10, 2020 — 06 03, 2024) the CFA Franc BEAC exchange rate against the Somali Shilling currency changed by 6370250.77% (0.88 SOS — 56,302 SOS)
CFA Franc BEAC/Somali Shilling price prediction
CFA Franc BEAC/Somali Shilling price prediction for the next 30 days*
04/06 | 55,989 SOS | ▼ -0.56 % |
05/06 | 54,665 SOS | ▼ -2.36 % |
06/06 | 54,981 SOS | ▲ 0.58 % |
07/06 | 57,254 SOS | ▲ 4.13 % |
08/06 | 57,685 SOS | ▲ 0.75 % |
09/06 | 56,788 SOS | ▼ -1.56 % |
10/06 | 57,330 SOS | ▲ 0.96 % |
11/06 | 58,039 SOS | ▲ 1.24 % |
12/06 | 61,162 SOS | ▲ 5.38 % |
13/06 | 64,968 SOS | ▲ 6.22 % |
14/06 | 64,234 SOS | ▼ -1.13 % |
15/06 | 62,842 SOS | ▼ -2.17 % |
16/06 | 61,955 SOS | ▼ -1.41 % |
17/06 | 62,746 SOS | ▲ 1.28 % |
18/06 | 65,864 SOS | ▲ 4.97 % |
19/06 | 66,091 SOS | ▲ 0.34 % |
20/06 | 64,461 SOS | ▼ -2.47 % |
21/06 | 65,650 SOS | ▲ 1.84 % |
22/06 | 65,325 SOS | ▼ -0.49 % |
23/06 | 65,180 SOS | ▼ -0.22 % |
24/06 | 61,112 SOS | ▼ -6.24 % |
25/06 | 50,865 SOS | ▼ -16.77 % |
26/06 | 47,279 SOS | ▼ -7.05 % |
27/06 | 50,236 SOS | ▲ 6.25 % |
28/06 | 51,156 SOS | ▲ 1.83 % |
29/06 | 52,738 SOS | ▲ 3.09 % |
30/06 | 53,116 SOS | ▲ 0.72 % |
01/07 | 52,502 SOS | ▼ -1.16 % |
02/07 | 54,904 SOS | ▲ 4.57 % |
03/07 | 70,124 SOS | ▲ 27.72 % |
* — Price prediction of the CFA Franc BEAC/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.
CFA Franc BEAC/Somali Shilling price prediction for the next 3 months*
10/06 — 16/06 | 52,806 SOS | ▼ -6.21 % |
17/06 — 23/06 | 58,996 SOS | ▲ 11.72 % |
24/06 — 30/06 | 62,667 SOS | ▲ 6.22 % |
01/07 — 07/07 | 62,067 SOS | ▼ -0.96 % |
08/07 — 14/07 | 103,089 SOS | ▲ 66.09 % |
15/07 — 21/07 | 93,346 SOS | ▼ -9.45 % |
22/07 — 28/07 | 109,203 SOS | ▲ 16.99 % |
29/07 — 04/08 | 104,867 SOS | ▼ -3.97 % |
05/08 — 11/08 | 114,136 SOS | ▲ 8.84 % |
12/08 — 18/08 | 122,820 SOS | ▲ 7.61 % |
19/08 — 25/08 | 96,637 SOS | ▼ -21.32 % |
26/08 — 01/09 | 159,437 SOS | ▲ 64.99 % |
CFA Franc BEAC/Somali Shilling price prediction for the next year*
07/2024 | 56,902 SOS | ▲ 1.06 % |
08/2024 | 74,913 SOS | ▲ 31.65 % |
09/2024 | 81,938 SOS | ▲ 9.38 % |
10/2024 | 183,524 SOS | ▲ 123.98 % |
10/2024 | 126,178 SOS | ▼ -31.25 % |
11/2024 | 81,122 SOS | ▼ -35.71 % |
12/2024 | 104,753 SOS | ▲ 29.13 % |
01/2025 | 77,843 SOS | ▼ -25.69 % |
02/2025 | 63,174 SOS | ▼ -18.84 % |
03/2025 | 121,548 SOS | ▲ 92.4 % |
04/2025 | 108,956 SOS | ▼ -10.36 % |
05/2025 | 146,726 SOS | ▲ 34.67 % |
CFA Franc BEAC/Somali Shilling exchange rate statistics
For 30 days | |
---|---|
Minimum | 50,935 SOS |
Maximum | 0.87 SOS |
Weighted Average | 44,236 SOS |
For 90 days | |
Minimum | 26,344 SOS |
Maximum | 0.88 SOS |
Weighted Average | 34,857 SOS |
For 365 days | |
Minimum | 25,325 SOS |
Maximum | 0.88 SOS |
Weighted Average | 35,699 SOS |
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