Currency exchange rate silver against the Naira. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the silver currency exchange rate against the Naira currency:
currency exchange rate history, background information, prediction and more about XAG/NGN
Chart of History of changes in the XAG/NGN exchange rate
XAG/NGN exchange rate on today
05 31, 2024
1 XAG = 41,642 NGN
▲ 8.46 %
This page provides information about the currency pair silver/Naira, and more precisely about how much 1 silver costs in Naira.
Data on the currency pair XAG/NGN 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 XAG/NGN 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 silver/Naira, 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 XAG/NGN exchange rate over the past 30 days
For the last 30 days (05 02, 2024 — 05 31, 2024) the silver exchange rate against the Naira currency changed by 20.41% (34,582 NGN — 41,642 NGN)
Change in the XAG/NGN exchange rate over the past 90 days
For the last 90 days (03 03, 2024 — 05 31, 2024) the silver exchange rate against the Naira currency changed by 23.62% (33,685 NGN — 41,642 NGN)
Change in the XAG/NGN exchange rate over the past 365 days
For the last 365 days (06 02, 2023 — 05 31, 2024) the silver exchange rate against the Naira currency changed by 306.16% (10,253 NGN — 41,642 NGN)
Change in the XAG/NGN exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 31, 2024) the silver exchange rate against the Naira currency changed by 73388.53% (56.66 NGN — 41,642 NGN)
silver/Naira price prediction
silver/Naira price prediction for the next 30 days*
02/06 | 40,897 NGN | ▼ -1.79 % |
03/06 | 40,806 NGN | ▼ -0.22 % |
04/06 | 40,673 NGN | ▼ -0.33 % |
05/06 | 40,693 NGN | ▲ 0.05 % |
06/06 | 42,076 NGN | ▲ 3.4 % |
07/06 | 42,051 NGN | ▼ -0.06 % |
08/06 | 42,523 NGN | ▲ 1.12 % |
09/06 | 44,537 NGN | ▲ 4.74 % |
10/06 | 45,084 NGN | ▲ 1.23 % |
11/06 | 44,879 NGN | ▼ -0.46 % |
12/06 | 44,908 NGN | ▲ 0.07 % |
13/06 | 45,859 NGN | ▲ 2.12 % |
14/06 | 46,999 NGN | ▲ 2.49 % |
15/06 | 48,738 NGN | ▲ 3.7 % |
16/06 | 49,931 NGN | ▲ 2.45 % |
17/06 | 50,910 NGN | ▲ 1.96 % |
18/06 | 51,591 NGN | ▲ 1.34 % |
19/06 | 51,662 NGN | ▲ 0.14 % |
20/06 | 53,595 NGN | ▲ 3.74 % |
21/06 | 52,419 NGN | ▼ -2.19 % |
22/06 | 50,303 NGN | ▼ -4.04 % |
23/06 | 49,138 NGN | ▼ -2.32 % |
24/06 | 49,680 NGN | ▲ 1.1 % |
25/06 | 49,780 NGN | ▲ 0.2 % |
26/06 | 49,807 NGN | ▲ 0.05 % |
27/06 | 52,024 NGN | ▲ 4.45 % |
28/06 | 51,434 NGN | ▼ -1.13 % |
29/06 | 51,199 NGN | ▼ -0.46 % |
30/06 | 49,413 NGN | ▼ -3.49 % |
01/07 | 47,888 NGN | ▼ -3.09 % |
* — Price prediction of the silver/Naira 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.
silver/Naira price prediction for the next 3 months*
03/06 — 09/06 | 40,549 NGN | ▼ -2.62 % |
10/06 — 16/06 | 37,448 NGN | ▼ -7.65 % |
17/06 — 23/06 | 33,987 NGN | ▼ -9.24 % |
24/06 — 30/06 | 35,003 NGN | ▲ 2.99 % |
01/07 — 07/07 | 34,288 NGN | ▼ -2.04 % |
08/07 — 14/07 | 32,854 NGN | ▼ -4.18 % |
15/07 — 21/07 | 37,480 NGN | ▲ 14.08 % |
22/07 — 28/07 | 39,058 NGN | ▲ 4.21 % |
29/07 — 04/08 | 41,541 NGN | ▲ 6.36 % |
05/08 — 11/08 | 49,954 NGN | ▲ 20.25 % |
12/08 — 18/08 | 48,175 NGN | ▼ -3.56 % |
19/08 — 25/08 | 44,823 NGN | ▼ -6.96 % |
silver/Naira price prediction for the next year*
07/2024 | 41,912 NGN | ▲ 0.65 % |
07/2024 | 45,044 NGN | ▲ 7.47 % |
08/2024 | 45,457 NGN | ▲ 0.92 % |
09/2024 | 42,718 NGN | ▼ -6.03 % |
10/2024 | 45,681 NGN | ▲ 6.94 % |
11/2024 | 50,798 NGN | ▲ 11.2 % |
12/2024 | 53,004 NGN | ▲ 4.34 % |
01/2025 | 67,781 NGN | ▲ 27.88 % |
02/2025 | 85,375 NGN | ▲ 25.96 % |
03/2025 | 77,245 NGN | ▼ -9.52 % |
04/2025 | 85,039 NGN | ▲ 10.09 % |
05/2025 | 95,185 NGN | ▲ 11.93 % |
silver/Naira exchange rate statistics
For 30 days | |
---|---|
Minimum | 34,103 NGN |
Maximum | 43,748 NGN |
Weighted Average | 39,182 NGN |
For 90 days | |
Minimum | 30,404 NGN |
Maximum | 43,748 NGN |
Weighted Average | 35,036 NGN |
For 365 days | |
Minimum | 10,123 NGN |
Maximum | 43,748 NGN |
Weighted Average | 22,602 NGN |
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