Currency exchange rate Nakfa against the All Sports. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Nakfa currency exchange rate against the All Sports currency:
currency exchange rate history, background information, prediction and more about ERN/SOC
Chart of History of changes in the ERN/SOC exchange rate
ERN/SOC exchange rate on today
08 24, 2023
1 ERN = 13,138 SOC
▼ -1.41 %
This page provides information about the currency pair Nakfa/All Sports, and more precisely about how much 1 Nakfa costs in All Sports.
Data on the currency pair ERN/SOC 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 ERN/SOC 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 Nakfa/All Sports, 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 ERN/SOC exchange rate over the past 30 days
For the last 30 days (08 02, 2023 — 08 24, 2023) the Nakfa exchange rate against the All Sports currency changed by -19.51% (16,323 SOC — 13,138 SOC)
Change in the ERN/SOC exchange rate over the past 90 days
For the last 90 days (08 02, 2023 — 08 24, 2023) the Nakfa exchange rate against the All Sports currency changed by -19.51% (16,323 SOC — 13,138 SOC)
Change in the ERN/SOC exchange rate over the past 365 days
For the last 365 days (08 25, 2022 — 08 24, 2023) the Nakfa exchange rate against the All Sports currency changed by 8770.19% (148.11 SOC — 13,138 SOC)
Change in the ERN/SOC exchange rate for all time
For all the time our site has been running (04 10, 2020 — 08 24, 2023) the Nakfa exchange rate against the All Sports currency changed by 56866.35% (23.0623 SOC — 13,138 SOC)
Nakfa/All Sports price prediction
Nakfa/All Sports price prediction for the next 30 days*
| 27/05 | 16,677 SOC | ▲ 26.94 % |
| 28/05 | 19,094 SOC | ▲ 14.5 % |
| 29/05 | 18,546 SOC | ▼ -2.87 % |
| 30/05 | 16,504 SOC | ▼ -11.01 % |
| 31/05 | 14,951 SOC | ▼ -9.41 % |
| 01/06 | 9,225 SOC | ▼ -38.3 % |
| 02/06 | 18,551 SOC | ▲ 101.08 % |
| 03/06 | 9,236 SOC | ▼ -50.21 % |
| 04/06 | 8,934 SOC | ▼ -3.26 % |
| 05/06 | 9,111 SOC | ▲ 1.98 % |
| 06/06 | 9,053 SOC | ▼ -0.64 % |
| 07/06 | 8,783 SOC | ▼ -2.98 % |
| 08/06 | 8,435 SOC | ▼ -3.96 % |
| 09/06 | 8,136 SOC | ▼ -3.56 % |
| 10/06 | 8,073 SOC | ▼ -0.77 % |
| 11/06 | 7,995 SOC | ▼ -0.97 % |
| 12/06 | 7,970 SOC | ▼ -0.31 % |
| 13/06 | 8,010 SOC | ▲ 0.5 % |
| 14/06 | 8,077 SOC | ▲ 0.83 % |
| 15/06 | 8,120 SOC | ▲ 0.53 % |
| 16/06 | 8,112 SOC | ▼ -0.09 % |
| 17/06 | 7,773 SOC | ▼ -4.18 % |
| 18/06 | 7,639 SOC | ▼ -1.72 % |
| 19/06 | 7,585 SOC | ▼ -0.71 % |
| 20/06 | 7,609 SOC | ▲ 0.32 % |
| 21/06 | 7,780 SOC | ▲ 2.25 % |
| 22/06 | 7,626 SOC | ▼ -1.98 % |
| 23/06 | 7,324 SOC | ▼ -3.96 % |
| 24/06 | 7,439 SOC | ▲ 1.57 % |
| 25/06 | 9,539 SOC | ▲ 28.23 % |
* — Price prediction of the Nakfa/All Sports 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.
Nakfa/All Sports price prediction for the next 3 months*
| 27/05 — 02/06 | 126,337 SOC | ▲ 861.63 % |
| 03/06 — 09/06 | 131,980 SOC | ▲ 4.47 % |
| 10/06 — 16/06 | 296,355 SOC | ▲ 124.55 % |
| 17/06 — 23/06 | 164,995 SOC | ▼ -44.33 % |
| 24/06 — 30/06 | 254,271 SOC | ▲ 54.11 % |
| 01/07 — 07/07 | 424,379 SOC | ▲ 66.9 % |
| 08/07 — 14/07 | 186,014 SOC | ▼ -56.17 % |
| 15/07 — 21/07 | 68,921 SOC | ▼ -62.95 % |
| 22/07 — 28/07 | 63,696 SOC | ▼ -7.58 % |
| 29/07 — 04/08 | 62,118 SOC | ▼ -2.48 % |
| 05/08 — 11/08 | 59,045 SOC | ▼ -4.95 % |
| 12/08 — 18/08 | 78,773 SOC | ▲ 33.41 % |
Nakfa/All Sports price prediction for the next year*
| 06/2024 | 14,084 SOC | ▲ 7.2 % |
| 07/2024 | 10,629 SOC | ▼ -24.53 % |
| 08/2024 | 18,220 SOC | ▲ 71.41 % |
| 09/2024 | 40,337 SOC | ▲ 121.39 % |
| 10/2024 | 46,868 SOC | ▲ 16.19 % |
| 11/2024 | 53,020 SOC | ▲ 13.13 % |
| 12/2024 | 42,963 SOC | ▼ -18.97 % |
| 01/2025 | 33,999 SOC | ▼ -20.86 % |
| 02/2025 | 931,677 SOC | ▲ 2640.27 % |
| 03/2025 | 3,368,988 SOC | ▲ 261.6 % |
| 04/2025 | 222,592 SOC | ▼ -93.39 % |
| 05/2025 | 244,630 SOC | ▲ 9.9 % |
Nakfa/All Sports exchange rate statistics
| For 30 days | |
|---|---|
| Minimum | 606.2 SOC |
| Maximum | 16,565 SOC |
| Weighted Average | 10,898 SOC |
| For 90 days | |
| Minimum | 606.2 SOC |
| Maximum | 16,565 SOC |
| Weighted Average | 10,898 SOC |
| For 365 days | |
| Minimum | 9.918354 SOC |
| Maximum | 44,055 SOC |
| Weighted Average | 5,543 SOC |
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Anthony Carter CEO, lead analyst 
David Bailey Managing Director, Director of research Department 
Anthony Glenn Deputy head of analytical Department 
Joseph Hensley Senior analyst, markets and equities Department