1 Tanzanian Shilling to Magi. Chart, history price and prediction on tomorrow, next month, 2024 year

Price 1 Tanzanian Shilling to Magi based on current data,
received from currency exchange exchanges as of 06 15, 2020, is 0.02223481 XMG.

How much is 1 TZS in XMG?

06 15, 2020
1 TZS = 0.02223481 XMG
▲ 0 %
1 XMG = 44.97 TZS
1 TZS = 0.02223481 XMG

Chart of History of price changes 1 TZS in XMG

Price statistics 1 Tanzanian Shilling in Magi

For 30 days
Minimum 0.0222252 XMG
Maximum 0.02441373 XMG
Weighted Average 0.02240666 XMG
For 90 days
Minimum 0.02208476 XMG
Maximum 0.0310587 XMG
Weighted Average 0.02466191 XMG
For 365 days
Minimum 0.02208476 XMG
Maximum 0.0310587 XMG
Weighted Average 0.02466191 XMG

Change in the price of 1 TZS to XMG in the last 30 days

For the last 30 days (05 17, 2020 — 06 15, 2020) price 1 Tanzanian Shilling against Magi changed by -8.92% (0.02441352 XMG — 0.02223481 XMG)

Change in the price of 1 TZS to XMG in the last 90 days

For the last 90 days (04 10, 2020 — 06 15, 2020) the price of 1 Tanzanian Shilling against Magi changed by -27.13% (0.03051306 XMG — 0.02223481 XMG)

Change in the price of 1 TZS to XMG in the last 365 days

For the last 365 days (04 10, 2020 — 06 15, 2020) the price of 1 Tanzanian Shilling against Magi changed by -27.13% (0.03051306 XMG — 0.02223481 XMG)

Change in the price of 1 TZS to XMG for the entire time

For all the time our site has been running (04 10, 2020 — 06 15, 2020) the price of 1 Tanzanian Shilling against Magi changed by -27.13% (0.03051306 XMG — 0.02223481 XMG)

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Price prediction 1 Tanzanian Shilling in Magi

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 1 Tanzanian Shilling in Magi for the next 30 days*

03/06 0.02223485 XMG ▲ 0 %
04/06 0.02141278 XMG ▼ -3.7 %
05/06 0.02037551 XMG ▼ -4.84 %
06/06 0.02037395 XMG ▼ -0.01 %
07/06 0.02038517 XMG ▲ 0.06 %
08/06 0.02036786 XMG ▼ -0.08 %
09/06 0.0204001 XMG ▲ 0.16 %
10/06 0.0204001 XMG ▲ 0 %
11/06 0.02039512 XMG ▼ -0.02 %
12/06 0.02038677 XMG ▼ -0.04 %
13/06 0.01901101 XMG ▼ -6.75 %
14/06 0.01993664 XMG ▲ 4.87 %
15/06 0.01957546 XMG ▼ -1.81 %
16/06 0.01958759 XMG ▲ 0.06 %
17/06 0.0195876 XMG ▲ 0 %
18/06 0.01965224 XMG ▲ 0.33 %
19/06 0.01904218 XMG ▼ -3.1 %
20/06 0.01955494 XMG ▲ 2.69 %
21/06 0.01955283 XMG ▼ -0.01 %
22/06 0.01954681 XMG ▼ -0.03 %
23/06 0.01954334 XMG ▼ -0.02 %
24/06 0.01954333 XMG ▼ -0 %
25/06 0.01931357 XMG ▼ -1.18 %
26/06 0.01916517 XMG ▼ -0.77 %
27/06 0.0192356 XMG ▲ 0.37 %
28/06 0.01923225 XMG ▼ -0.02 %
29/06 0.01923642 XMG ▲ 0.02 %
30/06 0.01923423 XMG ▼ -0.01 %
01/07 0.01923422 XMG ▼ -0 %
02/07 0.01923424 XMG ▲ 0 %

* — The prediction of the price of 1 Tanzanian Shilling in Magi is made by our specialists based on statistical data, global trends and major business news. Price prediction of 1 Tanzanian Shilling in Magi for 30 days, 3 months and a year are made by different experts and may have slight differences.

Prediction of 1 Tanzanian Shilling in Magi for the next 3 months*

03/06 — 09/06 0.02253433 XMG ▲ 1.35 %
10/06 — 16/06 0.02143452 XMG ▼ -4.88 %
17/06 — 23/06 0.02004663 XMG ▼ -6.48 %
24/06 — 30/06 0.01638919 XMG ▼ -18.24 %
01/07 — 07/07 0.01552261 XMG ▼ -5.29 %
08/07 — 14/07 0.0162219 XMG ▲ 4.5 %
15/07 — 21/07 0.01553872 XMG ▼ -4.21 %
22/07 — 28/07 0.01558933 XMG ▲ 0.33 %
29/07 — 04/08 0.01557348 XMG ▼ -0.1 %
05/08 — 11/08 0.01545553 XMG ▼ -0.76 %

Prediction of 1 Tanzanian Shilling in Magi for the next year*

07/2024 0.01963614 XMG ▼ -11.69 %
08/2024 0.01593892 XMG ▼ -18.83 %
08/2024 0.0157768 XMG ▼ -1.02 %

FAQ

What is the price 1 TZS in XMG today, 06 15, 2020?

As of today, the price of 1 Tanzanian Shilling to Magi is - 0.02223481 XMG

What will be the price 1 TZS in XMG tomorrow 2024.06.03?

For tomorrow 1 Tanzanian Shilling to Magi exchange rate - 0 xmg

What will be the price 1 TZS in XMG in the next month?

Our analysts have made a detailed prediction price 1 Tanzanian Shilling to Magi 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 1 TZS in XMG in the next 3 months?

Our analysts have made a detailed prediction price 1 Tanzanian Shilling to Magi 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 1 TZS in XMG in the coming year?

Our analysts have made a detailed prediction price 1 Tanzanian Shilling to Magi 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