Currency exchange rate Rwanda Franc 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 Rwanda Franc currency exchange rate against the Somali Shilling currency:
currency exchange rate history, background information, prediction and more about RWF/SOS
Chart of History of changes in the RWF/SOS exchange rate
RWF/SOS exchange rate on today
05 07, 2024
1 RWF = 27,890 SOS
▲ 2.79 %
This page provides information about the currency pair Rwanda Franc/Somali Shilling, and more precisely about how much 1 Rwanda Franc costs in Somali Shilling.
Data on the currency pair RWF/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 RWF/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 Rwanda Franc/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 RWF/SOS exchange rate over the past 30 days
For the last 30 days (04 08, 2024 — 05 07, 2024) the Rwanda Franc exchange rate against the Somali Shilling currency changed by 57.59% (17,698 SOS — 27,890 SOS)
Change in the RWF/SOS exchange rate over the past 90 days
For the last 90 days (02 08, 2024 — 05 07, 2024) the Rwanda Franc exchange rate against the Somali Shilling currency changed by -9.49% (30,815 SOS — 27,890 SOS)
Change in the RWF/SOS exchange rate over the past 365 days
For the last 365 days (05 09, 2023 — 05 07, 2024) the Rwanda Franc exchange rate against the Somali Shilling currency changed by 128.5% (12,206 SOS — 27,890 SOS)
Change in the RWF/SOS exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 07, 2024) the Rwanda Franc exchange rate against the Somali Shilling currency changed by 4500206.62% (0.62 SOS — 27,890 SOS)
Rwanda Franc/Somali Shilling price prediction
Rwanda Franc/Somali Shilling price prediction for the next 30 days*
08/05 | 27,562 SOS | ▼ -1.18 % |
09/05 | 28,436 SOS | ▲ 3.17 % |
10/05 | 30,657 SOS | ▲ 7.81 % |
11/05 | 31,351 SOS | ▲ 2.26 % |
12/05 | 33,569 SOS | ▲ 7.07 % |
13/05 | 36,655 SOS | ▲ 9.2 % |
14/05 | 39,102 SOS | ▲ 6.67 % |
15/05 | 38,917 SOS | ▼ -0.47 % |
16/05 | 39,092 SOS | ▲ 0.45 % |
17/05 | 34,172 SOS | ▼ -12.58 % |
18/05 | 34,959 SOS | ▲ 2.3 % |
19/05 | 33,607 SOS | ▼ -3.87 % |
20/05 | 33,641 SOS | ▲ 0.1 % |
21/05 | 34,191 SOS | ▲ 1.64 % |
22/05 | 34,078 SOS | ▼ -0.33 % |
23/05 | 33,600 SOS | ▼ -1.4 % |
24/05 | 36,256 SOS | ▲ 7.9 % |
25/05 | 37,708 SOS | ▲ 4.01 % |
26/05 | 38,510 SOS | ▲ 2.13 % |
27/05 | 39,086 SOS | ▲ 1.5 % |
28/05 | 38,987 SOS | ▼ -0.25 % |
29/05 | 40,363 SOS | ▲ 3.53 % |
30/05 | 43,233 SOS | ▲ 7.11 % |
31/05 | 43,548 SOS | ▲ 0.73 % |
01/06 | 43,009 SOS | ▼ -1.24 % |
02/06 | 42,870 SOS | ▼ -0.32 % |
03/06 | 41,370 SOS | ▼ -3.5 % |
04/06 | 41,122 SOS | ▼ -0.6 % |
05/06 | 39,998 SOS | ▼ -2.73 % |
06/06 | 51,780 SOS | ▲ 29.45 % |
* — Price prediction of the Rwanda Franc/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.
Rwanda Franc/Somali Shilling price prediction for the next 3 months*
13/05 — 19/05 | 27,365 SOS | ▼ -1.88 % |
20/05 — 26/05 | 20,539 SOS | ▼ -24.95 % |
27/05 — 02/06 | 16,194 SOS | ▼ -21.15 % |
03/06 — 09/06 | 14,024 SOS | ▼ -13.4 % |
10/06 — 16/06 | 15,677 SOS | ▲ 11.79 % |
17/06 — 23/06 | 16,629 SOS | ▲ 6.07 % |
24/06 — 30/06 | 16,482 SOS | ▼ -0.88 % |
01/07 — 07/07 | 26,723 SOS | ▲ 62.14 % |
08/07 — 14/07 | 23,102 SOS | ▼ -13.55 % |
15/07 — 21/07 | 29,071 SOS | ▲ 25.84 % |
22/07 — 28/07 | 28,224 SOS | ▼ -2.91 % |
29/07 — 04/08 | 36,225 SOS | ▲ 28.34 % |
Rwanda Franc/Somali Shilling price prediction for the next year*
06/2024 | 25,573 SOS | ▼ -8.31 % |
07/2024 | 31,074 SOS | ▲ 21.51 % |
08/2024 | 41,033 SOS | ▲ 32.05 % |
09/2024 | 42,789 SOS | ▲ 4.28 % |
10/2024 | 75,549 SOS | ▲ 76.56 % |
11/2024 | 54,391 SOS | ▼ -28.01 % |
12/2024 | 36,486 SOS | ▼ -32.92 % |
01/2025 | 49,244 SOS | ▲ 34.97 % |
02/2025 | 36,732 SOS | ▼ -25.41 % |
03/2025 | 29,576 SOS | ▼ -19.48 % |
04/2025 | 48,993 SOS | ▲ 65.65 % |
05/2025 | 60,165 SOS | ▲ 22.8 % |
Rwanda Franc/Somali Shilling exchange rate statistics
For 30 days | |
---|---|
Minimum | 18,285 SOS |
Maximum | 0.45 SOS |
Weighted Average | 19,001 SOS |
For 90 days | |
Minimum | 13,402 SOS |
Maximum | 0.82 SOS |
Weighted Average | 16,953 SOS |
For 365 days | |
Minimum | 12,246 SOS |
Maximum | 0.89 SOS |
Weighted Average | 17,909 SOS |
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