Currency exchange rate Armenian Dram 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 Armenian Dram currency exchange rate against the Somali Shilling currency:
currency exchange rate history, background information, prediction and more about AMD/SOS

Chart of History of changes in the AMD/SOS exchange rate

AMD/SOS exchange rate on today

04 30, 2024
1 AMD = 102,292 SOS
▲ 7.91 %

This page provides information about the currency pair Armenian Dram/Somali Shilling, and more precisely about how much 1 Armenian Dram costs in Somali Shilling.

Data on the currency pair AMD/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 AMD/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 Armenian Dram/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:

  1. 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.

  2. 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.

  3. 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.

  4. 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 AMD/SOS exchange rate over the past 30 days

For the last 30 days (04 01, 2024 — 04 30, 2024) the Armenian Dram exchange rate against the Somali Shilling currency changed by 87.64% (54,514 SOS — 102,292 SOS)

Change in the AMD/SOS exchange rate over the past 90 days

For the last 90 days (02 01, 2024 — 04 30, 2024) the Armenian Dram exchange rate against the Somali Shilling currency changed by 14.15% (89,616 SOS — 102,292 SOS)

Change in the AMD/SOS exchange rate over the past 365 days

For the last 365 days (05 02, 2023 — 04 30, 2024) the Armenian Dram exchange rate against the Somali Shilling currency changed by 236.52% (30,397 SOS — 102,292 SOS)

Change in the AMD/SOS exchange rate for all time

For all the time our site has been running (04 10, 2020 — 04 30, 2024) the Armenian Dram exchange rate against the Somali Shilling currency changed by 8647729.34% (1.18 SOS — 102,292 SOS)

Armenian Dram/Somali Shilling price prediction

Armenian Dram/Somali Shilling price prediction for the next 30 days*

01/05 103,614 SOS ▲ 1.29 %
02/05 111,534 SOS ▲ 7.64 %
03/05 113,567 SOS ▲ 1.82 %
04/05 115,007 SOS ▲ 1.27 %
05/05 115,828 SOS ▲ 0.71 %
06/05 112,438 SOS ▼ -2.93 %
07/05 105,907 SOS ▼ -5.81 %
08/05 104,832 SOS ▼ -1.02 %
09/05 108,728 SOS ▲ 3.72 %
10/05 119,392 SOS ▲ 9.81 %
11/05 121,256 SOS ▲ 1.56 %
12/05 130,855 SOS ▲ 7.92 %
13/05 153,219 SOS ▲ 17.09 %
14/05 162,852 SOS ▲ 6.29 %
15/05 162,461 SOS ▼ -0.24 %
16/05 162,728 SOS ▲ 0.16 %
17/05 138,572 SOS ▼ -14.84 %
18/05 143,667 SOS ▲ 3.68 %
19/05 138,881 SOS ▼ -3.33 %
20/05 138,738 SOS ▼ -0.1 %
21/05 140,553 SOS ▲ 1.31 %
22/05 140,855 SOS ▲ 0.21 %
23/05 138,577 SOS ▼ -1.62 %
24/05 153,949 SOS ▲ 11.09 %
25/05 158,959 SOS ▲ 3.25 %
26/05 162,141 SOS ▲ 2 %
27/05 165,330 SOS ▲ 1.97 %
28/05 164,512 SOS ▼ -0.49 %
29/05 173,020 SOS ▲ 5.17 %
30/05 218,468 SOS ▲ 26.27 %

* — Price prediction of the Armenian Dram/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.

Armenian Dram/Somali Shilling price prediction for the next 3 months*

06/05 — 12/05 72,264 SOS ▼ -29.36 %
13/05 — 19/05 115,507 SOS ▲ 59.84 %
20/05 — 26/05 93,549 SOS ▼ -19.01 %
27/05 — 02/06 66,709 SOS ▼ -28.69 %
03/06 — 09/06 79,310 SOS ▲ 18.89 %
10/06 — 16/06 90,103 SOS ▲ 13.61 %
17/06 — 23/06 99,998 SOS ▲ 10.98 %
24/06 — 30/06 100,740 SOS ▲ 0.74 %
01/07 — 07/07 132,965 SOS ▲ 31.99 %
08/07 — 14/07 120,815 SOS ▼ -9.14 %
15/07 — 21/07 141,543 SOS ▲ 17.16 %
22/07 — 28/07 198,139 SOS ▲ 39.99 %

Armenian Dram/Somali Shilling price prediction for the next year*

05/2024 103,166 SOS ▲ 0.85 %
06/2024 118,517 SOS ▲ 14.88 %
07/2024 143,405 SOS ▲ 21 %
08/2024 183,230 SOS ▲ 27.77 %
09/2024 193,111 SOS ▲ 5.39 %
10/2024 425,376 SOS ▲ 120.28 %
11/2024 309,903 SOS ▼ -27.15 %
12/2024 209,206 SOS ▼ -32.49 %
01/2025 252,397 SOS ▲ 20.65 %
02/2025 192,160 SOS ▼ -23.87 %
03/2025 134,996 SOS ▼ -29.75 %
04/2025 315,679 SOS ▲ 133.84 %

Armenian Dram/Somali Shilling exchange rate statistics

For 30 days
Minimum 60,230 SOS
Maximum 1.48 SOS
Weighted Average 57,113 SOS
For 90 days
Minimum 42,857 SOS
Maximum 1.48 SOS
Weighted Average 54,859 SOS
For 365 days
Minimum 29,927 SOS
Maximum 1.49 SOS
Weighted Average 54,572 SOS

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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