Currency exchange rate Ghana Cedi 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 Ghana Cedi currency exchange rate against the Somali Shilling currency:
currency exchange rate history, background information, prediction and more about GHS/SOS
Chart of History of changes in the GHS/SOS exchange rate
GHS/SOS exchange rate on today
06 03, 2024
1 GHS = 2,541,300 SOS
▼ -0.52 %
This page provides information about the currency pair Ghana Cedi/Somali Shilling, and more precisely about how much 1 Ghana Cedi costs in Somali Shilling.
Data on the currency pair GHS/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 GHS/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 Ghana Cedi/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 GHS/SOS exchange rate over the past 30 days
For the last 30 days (05 05, 2024 — 06 03, 2024) the Ghana Cedi exchange rate against the Somali Shilling currency changed by -5.66% (2,693,786 SOS — 2,541,300 SOS)
Change in the GHS/SOS exchange rate over the past 90 days
For the last 90 days (03 06, 2024 — 06 03, 2024) the Ghana Cedi exchange rate against the Somali Shilling currency changed by 50.89% (1,684,226 SOS — 2,541,300 SOS)
Change in the GHS/SOS exchange rate over the past 365 days
For the last 365 days (06 05, 2023 — 06 03, 2024) the Ghana Cedi exchange rate against the Somali Shilling currency changed by 99.9% (1,271,291 SOS — 2,541,300 SOS)
Change in the GHS/SOS exchange rate for all time
For all the time our site has been running (04 10, 2020 — 06 03, 2024) the Ghana Cedi exchange rate against the Somali Shilling currency changed by 2552145.45% (99.57 SOS — 2,541,300 SOS)
Ghana Cedi/Somali Shilling price prediction
Ghana Cedi/Somali Shilling price prediction for the next 30 days*
04/06 | 2,525,698 SOS | ▼ -0.61 % |
05/06 | 2,448,088 SOS | ▼ -3.07 % |
06/06 | 2,453,566 SOS | ▲ 0.22 % |
07/06 | 2,548,625 SOS | ▲ 3.87 % |
08/06 | 2,569,628 SOS | ▲ 0.82 % |
09/06 | 2,518,217 SOS | ▼ -2 % |
10/06 | 2,537,310 SOS | ▲ 0.76 % |
11/06 | 2,566,365 SOS | ▲ 1.15 % |
12/06 | 2,683,148 SOS | ▲ 4.55 % |
13/06 | 2,838,214 SOS | ▲ 5.78 % |
14/06 | 2,807,345 SOS | ▼ -1.09 % |
15/06 | 2,733,145 SOS | ▼ -2.64 % |
16/06 | 2,695,702 SOS | ▼ -1.37 % |
17/06 | 2,734,994 SOS | ▲ 1.46 % |
18/06 | 2,869,108 SOS | ▲ 4.9 % |
19/06 | 2,849,315 SOS | ▼ -0.69 % |
20/06 | 2,762,463 SOS | ▼ -3.05 % |
21/06 | 2,805,562 SOS | ▲ 1.56 % |
22/06 | 2,787,252 SOS | ▼ -0.65 % |
23/06 | 2,776,870 SOS | ▼ -0.37 % |
24/06 | 2,613,968 SOS | ▼ -5.87 % |
25/06 | 2,174,885 SOS | ▼ -16.8 % |
26/06 | 2,013,302 SOS | ▼ -7.43 % |
27/06 | 2,130,857 SOS | ▲ 5.84 % |
28/06 | 2,157,070 SOS | ▲ 1.23 % |
29/06 | 2,225,909 SOS | ▲ 3.19 % |
30/06 | 2,234,306 SOS | ▲ 0.38 % |
01/07 | 2,213,405 SOS | ▼ -0.94 % |
02/07 | 2,313,797 SOS | ▲ 4.54 % |
03/07 | 2,954,988 SOS | ▲ 27.71 % |
* — Price prediction of the Ghana Cedi/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.
Ghana Cedi/Somali Shilling price prediction for the next 3 months*
10/06 — 16/06 | 2,375,411 SOS | ▼ -6.53 % |
17/06 — 23/06 | 2,620,234 SOS | ▲ 10.31 % |
24/06 — 30/06 | 2,757,233 SOS | ▲ 5.23 % |
01/07 — 07/07 | 2,710,174 SOS | ▼ -1.71 % |
08/07 — 14/07 | 4,469,232 SOS | ▲ 64.91 % |
15/07 — 21/07 | 4,051,480 SOS | ▼ -9.35 % |
22/07 — 28/07 | 4,689,988 SOS | ▲ 15.76 % |
29/07 — 04/08 | 4,430,775 SOS | ▼ -5.53 % |
05/08 — 11/08 | 4,738,298 SOS | ▲ 6.94 % |
12/08 — 18/08 | 5,010,942 SOS | ▲ 5.75 % |
19/08 — 25/08 | 3,886,756 SOS | ▼ -22.43 % |
26/08 — 01/09 | 6,344,115 SOS | ▲ 63.22 % |
Ghana Cedi/Somali Shilling price prediction for the next year*
07/2024 | 2,576,626 SOS | ▲ 1.39 % |
08/2024 | 3,368,979 SOS | ▲ 30.75 % |
09/2024 | 3,624,919 SOS | ▲ 7.6 % |
10/2024 | 7,901,358 SOS | ▲ 117.97 % |
10/2024 | 5,380,196 SOS | ▼ -31.91 % |
11/2024 | 3,460,408 SOS | ▼ -35.68 % |
12/2024 | 4,342,473 SOS | ▲ 25.49 % |
01/2025 | 3,099,446 SOS | ▼ -28.62 % |
02/2025 | 2,435,441 SOS | ▼ -21.42 % |
03/2025 | 4,514,093 SOS | ▲ 85.35 % |
04/2025 | 3,679,595 SOS | ▼ -18.49 % |
05/2025 | 4,953,571 SOS | ▲ 34.62 % |
Ghana Cedi/Somali Shilling exchange rate statistics
For 30 days | |
---|---|
Minimum | 2,283,843 SOS |
Maximum | 41.7 SOS |
Weighted Average | 2,027,649 SOS |
For 90 days | |
Minimum | 1,345,013 SOS |
Maximum | 45.04 SOS |
Weighted Average | 1,666,586 SOS |
For 365 days | |
Minimum | 1,345,013 SOS |
Maximum | 54.33 SOS |
Weighted Average | 1,913,375 SOS |
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