1 Malagasy Ariary to SONM. Chart, history price and prediction on tomorrow, next month, 2024 year

Price 1 Malagasy Ariary to SONM based on current data,
received from currency exchange exchanges as of 06 02, 2024, is 0.19742324 SNM.

How much is 1 MGA in SNM?

06 02, 2024
1 MGA = 0.19742324 SNM
▼ -0.02 %
1 SNM = 5.07 MGA
1 MGA = 0.19742324 SNM

Chart of History of price changes 1 MGA in SNM

Price statistics 1 Malagasy Ariary in SONM

For 30 days
Minimum 0.08799543 SNM
Maximum 0.24192688 SNM
Weighted Average 0.16129831 SNM
For 90 days
Minimum 0.07464352 SNM
Maximum 0.24192688 SNM
Weighted Average 0.12606658 SNM
For 365 days
Minimum 0.00054627 SNM
Maximum 0.24192688 SNM
Weighted Average 0.07389496 SNM

Change in the price of 1 MGA to SNM in the last 30 days

For the last 30 days (05 04, 2024 — 06 02, 2024) price 1 Malagasy Ariary against SONM changed by 96.98% (0.10022259 SNM — 0.19742324 SNM)

Change in the price of 1 MGA to SNM in the last 90 days

For the last 90 days (03 05, 2024 — 06 02, 2024) the price of 1 Malagasy Ariary against SONM changed by 207.87% (0.06412515 SNM — 0.19742324 SNM)

Change in the price of 1 MGA to SNM in the last 365 days

For the last 365 days (06 04, 2023 — 06 02, 2024) the price of 1 Malagasy Ariary against SONM changed by 32973.65% (0.00059692 SNM — 0.19742324 SNM)

Change in the price of 1 MGA to SNM for the entire time

For all the time our site has been running (04 10, 2020 — 06 02, 2024) the price of 1 Malagasy Ariary against SONM changed by 388.74% (0.04039423 SNM — 0.19742324 SNM)

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Price prediction 1 Malagasy Ariary in SONM

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 Malagasy Ariary in SONM for the next 30 days*

03/06 0.19945688 SNM ▲ 1.03 %
04/06 0.18935461 SNM ▼ -5.06 %
05/06 0.13278681 SNM ▼ -29.87 %
06/06 0.15802016 SNM ▲ 19 %
07/06 0.1586068 SNM ▲ 0.37 %
08/06 0.16464869 SNM ▲ 3.81 %
09/06 0.33069406 SNM ▲ 100.85 %
10/06 0.28092019 SNM ▼ -15.05 %
11/06 0.27243544 SNM ▼ -3.02 %
12/06 0.31547253 SNM ▲ 15.8 %
13/06 0.28464116 SNM ▼ -9.77 %
14/06 0.25155178 SNM ▼ -11.62 %
15/06 0.21917913 SNM ▼ -12.87 %
16/06 0.30023009 SNM ▲ 36.98 %
17/06 0.27260957 SNM ▼ -9.2 %
18/06 0.22590878 SNM ▼ -17.13 %
19/06 0.21925306 SNM ▼ -2.95 %
20/06 0.34269352 SNM ▲ 56.3 %
21/06 0.40366176 SNM ▲ 17.79 %
22/06 0.41387016 SNM ▲ 2.53 %
23/06 0.3452101 SNM ▼ -16.59 %
24/06 0.31368591 SNM ▼ -9.13 %
25/06 0.25535409 SNM ▼ -18.6 %
26/06 0.25418226 SNM ▼ -0.46 %
27/06 0.5833308 SNM ▲ 129.49 %
28/06 0.82149251 SNM ▲ 40.83 %
29/06 0.63277977 SNM ▼ -22.97 %
30/06 0.33127883 SNM ▼ -47.65 %
01/07 0.29917368 SNM ▼ -9.69 %
02/07 0.34575882 SNM ▲ 15.57 %

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

Prediction of 1 Malagasy Ariary in SONM for the next 3 months*

03/06 — 09/06 0.1773234 SNM ▼ -10.18 %
10/06 — 16/06 0.16169845 SNM ▼ -8.81 %
17/06 — 23/06 0.28117629 SNM ▲ 73.89 %
24/06 — 30/06 0.29346624 SNM ▲ 4.37 %
01/07 — 07/07 0.25470951 SNM ▼ -13.21 %
08/07 — 14/07 0.19705449 SNM ▼ -22.64 %
15/07 — 21/07 0.19792614 SNM ▲ 0.44 %
22/07 — 28/07 0.21473038 SNM ▲ 8.49 %
29/07 — 04/08 0.40733781 SNM ▲ 89.7 %
05/08 — 11/08 0.2359972 SNM ▼ -42.06 %
12/08 — 18/08 0.28648383 SNM ▲ 21.39 %
19/08 — 25/08 0.43259303 SNM ▲ 51 %

Prediction of 1 Malagasy Ariary in SONM for the next year*

07/2024 0.20541676 SNM ▲ 4.05 %
08/2024 0.17533681 SNM ▼ -14.64 %
08/2024 0.23256312 SNM ▲ 32.64 %
09/2024 4.800492 SNM ▲ 1964.17 %
10/2024 45.8382 SNM ▲ 854.87 %
11/2024 43.7939 SNM ▼ -4.46 %
12/2024 34.3382 SNM ▼ -21.59 %
01/2025 45.6906 SNM ▲ 33.06 %
02/2025 34.7532 SNM ▼ -23.94 %
03/2025 51.7474 SNM ▲ 48.9 %
04/2025 40.5817 SNM ▼ -21.58 %
05/2025 46.5968 SNM ▲ 14.82 %

FAQ

What is the price 1 MGA in SNM today, 06 02, 2024?

As of today, the price of 1 Malagasy Ariary to SONM is - 0.19742324 SNM

What will be the price 1 MGA in SNM tomorrow 2024.06.03?

For tomorrow 1 Malagasy Ariary to SONM exchange rate - 0 snm

What will be the price 1 MGA in SNM in the next month?

Our analysts have made a detailed prediction price 1 Malagasy Ariary to SONM 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 MGA in SNM in the next 3 months?

Our analysts have made a detailed prediction price 1 Malagasy Ariary to SONM 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 MGA in SNM in the coming year?

Our analysts have made a detailed prediction price 1 Malagasy Ariary to SONM 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