Currency exchange rate Saudi Riyal against the Magi. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Saudi Riyal currency exchange rate against the Magi currency:
currency exchange rate history, background information, prediction and more about SAR/XMG
Chart of History of changes in the SAR/XMG exchange rate
SAR/XMG exchange rate on today
06 15, 2020
1 SAR = 13.7143 XMG
▲ 0.01 %
This page provides information about the currency pair Saudi Riyal/Magi, and more precisely about how much 1 Saudi Riyal costs in Magi.
Data on the currency pair SAR/XMG 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 SAR/XMG 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 Saudi Riyal/Magi, 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 SAR/XMG exchange rate over the past 30 days
For the last 30 days (05 17, 2020 — 06 15, 2020) the Saudi Riyal exchange rate against the Magi currency changed by -8.77% (15.0334 XMG — 13.7143 XMG)
Change in the SAR/XMG exchange rate over the past 90 days
For the last 90 days (04 10, 2020 — 06 15, 2020) the Saudi Riyal exchange rate against the Magi currency changed by -26.87% (18.7538 XMG — 13.7143 XMG)
Change in the SAR/XMG exchange rate over the past 365 days
For the last 365 days (04 10, 2020 — 06 15, 2020) the Saudi Riyal exchange rate against the Magi currency changed by -26.87% (18.7538 XMG — 13.7143 XMG)
Change in the SAR/XMG exchange rate for all time
For all the time our site has been running (04 10, 2020 — 06 15, 2020) the Saudi Riyal exchange rate against the Magi currency changed by -26.87% (18.7538 XMG — 13.7143 XMG)
Saudi Riyal/Magi price prediction
Saudi Riyal/Magi price prediction for the next 30 days*
27/05 | 13.7122 XMG | ▼ -0.02 % |
28/05 | 13.2188 XMG | ▼ -3.6 % |
29/05 | 12.5165 XMG | ▼ -5.31 % |
30/05 | 12.5138 XMG | ▼ -0.02 % |
31/05 | 12.513 XMG | ▼ -0.01 % |
01/06 | 12.5116 XMG | ▼ -0.01 % |
02/06 | 12.508 XMG | ▼ -0.03 % |
03/06 | 12.5113 XMG | ▲ 0.03 % |
04/06 | 12.5115 XMG | ▲ 0 % |
05/06 | 12.5106 XMG | ▼ -0.01 % |
06/06 | 12.0009 XMG | ▼ -4.07 % |
07/06 | 12.6571 XMG | ▲ 5.47 % |
08/06 | 12.3936 XMG | ▼ -2.08 % |
09/06 | 12.3947 XMG | ▲ 0.01 % |
10/06 | 12.3972 XMG | ▲ 0.02 % |
11/06 | 12.4783 XMG | ▲ 0.65 % |
12/06 | 12.1656 XMG | ▼ -2.51 % |
13/06 | 12.548 XMG | ▲ 3.14 % |
14/06 | 12.5503 XMG | ▲ 0.02 % |
15/06 | 12.5495 XMG | ▼ -0.01 % |
16/06 | 12.5492 XMG | ▼ -0 % |
17/06 | 12.5493 XMG | ▲ 0 % |
18/06 | 12.4527 XMG | ▼ -0.77 % |
19/06 | 12.3089 XMG | ▼ -1.15 % |
20/06 | 12.3446 XMG | ▲ 0.29 % |
21/06 | 12.3439 XMG | ▼ -0.01 % |
22/06 | 12.3436 XMG | ▼ -0 % |
23/06 | 12.3377 XMG | ▼ -0.05 % |
24/06 | 12.3383 XMG | ▲ 0.01 % |
25/06 | 12.3388 XMG | ▲ 0 % |
* — Price prediction of the Saudi Riyal/Magi 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.
Saudi Riyal/Magi price prediction for the next 3 months*
27/05 — 02/06 | 13.9724 XMG | ▲ 1.88 % |
03/06 — 09/06 | 13.3316 XMG | ▼ -4.59 % |
10/06 — 16/06 | 12.4589 XMG | ▼ -6.55 % |
17/06 — 23/06 | 9.784876 XMG | ▼ -21.46 % |
24/06 — 30/06 | 9.350929 XMG | ▼ -4.43 % |
01/07 — 07/07 | 10.1088 XMG | ▲ 8.1 % |
08/07 — 14/07 | 9.532054 XMG | ▼ -5.7 % |
15/07 — 21/07 | 9.575645 XMG | ▲ 0.46 % |
22/07 — 28/07 | 9.580199 XMG | ▲ 0.05 % |
29/07 — 04/08 | 9.519096 XMG | ▼ -0.64 % |
Saudi Riyal/Magi price prediction for the next year*
06/2024 | 12.5343 XMG | ▼ -8.6 % |
07/2024 | 9.7361 XMG | ▼ -22.32 % |
08/2024 | 9.647138 XMG | ▼ -0.91 % |
Saudi Riyal/Magi exchange rate statistics
For 30 days | |
---|---|
Minimum | 13.7121 XMG |
Maximum | 15.0334 XMG |
Weighted Average | 13.8111 XMG |
For 90 days | |
Minimum | 13.6024 XMG |
Maximum | 19.1172 XMG |
Weighted Average | 15.1911 XMG |
For 365 days | |
Minimum | 13.6024 XMG |
Maximum | 19.1172 XMG |
Weighted Average | 15.1911 XMG |
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