Currency exchange rate Somali Shilling against the Cindicator. Chart, history price and prediction on tomorrow, next month, 2023 year

On this page, you can always find detailed information about the Somali Shilling currency exchange rate against the Cindicator currency:
currency exchange rate history, background information, prediction and more about SOS/CND

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

SOS/CND exchange rate on today

07 20, 2023
1 SOS = 0.00002598 CND
▼ -6.34 %

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

Data on the currency pair SOS/CND 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 SOS/CND 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 Somali Shilling/Cindicator, 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 SOS/CND exchange rate over the past 30 days

For the last 30 days (06 21, 2023 — 07 20, 2023) the Somali Shilling exchange rate against the Cindicator currency changed by 19.12% (0.00002181 CND — 0.00002598 CND)

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

For the last 90 days (04 22, 2023 — 07 20, 2023) the Somali Shilling exchange rate against the Cindicator currency changed by -46.58% (0.00004863 CND — 0.00002598 CND)

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

For the last 365 days (09 08, 2022 — 07 20, 2023) the Somali Shilling exchange rate against the Cindicator currency changed by -93.73% (0.00041403 CND — 0.00002598 CND)

Change in the SOS/CND exchange rate for all time

For all the time our site has been running (04 10, 2020 — 07 20, 2023) the Somali Shilling exchange rate against the Cindicator currency changed by -99.99% (0.46318205 CND — 0.00002598 CND)

Somali Shilling/Cindicator price prediction

Somali Shilling/Cindicator price prediction for the next 30 days*

30/03 0.00002598 CND ▼ -0.01 %
31/03 0.00002586 CND ▼ -0.47 %
01/04 0.00002815 CND ▲ 8.86 %
02/04 0.00002795 CND ▼ -0.71 %
03/04 0.0000251 CND ▼ -10.19 %
04/04 0.00002411 CND ▼ -3.93 %
05/04 0.00002453 CND ▲ 1.75 %
06/04 0.00002494 CND ▲ 1.65 %
07/04 0.00002576 CND ▲ 3.28 %
08/04 0.00002599 CND ▲ 0.89 %
09/04 0.0000258 CND ▼ -0.73 %
10/04 0.00002573 CND ▼ -0.25 %
11/04 0.00002604 CND ▲ 1.21 %
12/04 0.00002758 CND ▲ 5.91 %
13/04 0.00002659 CND ▼ -3.61 %
14/04 0.0000263 CND ▼ -1.07 %
15/04 0.0000263 CND ▼ -0.03 %
16/04 0.00002749 CND ▲ 4.56 %
17/04 0.00002979 CND ▲ 8.33 %
18/04 0.00003073 CND ▲ 3.16 %
19/04 0.00003074 CND ▲ 0.06 %
20/04 0.00002904 CND ▼ -5.53 %
21/04 0.00002996 CND ▲ 3.15 %
22/04 0.00003288 CND ▲ 9.77 %
23/04 0.00003187 CND ▼ -3.08 %
24/04 0.000033 CND ▲ 3.55 %
25/04 0.00003278 CND ▼ -0.68 %
26/04 0.00003428 CND ▲ 4.58 %
27/04 0.00003271 CND ▼ -4.56 %
28/04 -0.00000865 CND ▼ -126.43 %

* — Price prediction of the Somali Shilling/Cindicator 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.

Somali Shilling/Cindicator price prediction for the next 3 months*

01/04 — 07/04 0.00002598 CND ▲ 0 %
08/04 — 14/04 0.00004927 CND ▲ 89.62 %
15/04 — 21/04 0.00005154 CND ▲ 4.62 %
22/04 — 28/04 0.00001302 CND ▼ -74.74 %
29/04 — 05/05 0.0000128 CND ▼ -1.72 %
06/05 — 12/05 0.00000917 CND ▼ -28.37 %
13/05 — 19/05 0.00001237 CND ▲ 34.94 %
20/05 — 26/05 0.00001279 CND ▲ 3.41 %
27/05 — 02/06 0.00001419 CND ▲ 10.9 %
03/06 — 09/06 0.00001704 CND ▲ 20.15 %
10/06 — 16/06 0.00001769 CND ▲ 3.77 %
17/06 — 23/06 -0.00000703 CND ▼ -139.73 %

Somali Shilling/Cindicator price prediction for the next year*

04/2024 0.00002958 CND ▲ 13.86 %
05/2024 0.00003014 CND ▲ 1.88 %
06/2024 0.00003134 CND ▲ 4.01 %
07/2024 0.00005066 CND ▲ 61.61 %
08/2024 0.00004377 CND ▼ -13.6 %
09/2024 0.0000261 CND ▼ -40.38 %
10/2024 0.00001555 CND ▼ -40.39 %
11/2024 0.00001886 CND ▲ 21.23 %
12/2024 0.00001225 CND ▼ -35.02 %
01/2025 0.0000064 CND ▼ -47.76 %
02/2025 0.00000731 CND ▲ 14.19 %
03/2025 0.00000044 CND ▼ -94.02 %

Somali Shilling/Cindicator exchange rate statistics

For 30 days
Minimum 0.00002257 CND
Maximum 1.020945 CND
Weighted Average 0.21212438 CND
For 90 days
Minimum 0.00001462 CND
Maximum 2.114802 CND
Weighted Average 0.25839784 CND
For 365 days
Minimum 0.00001462 CND
Maximum 4.018157 CND
Weighted Average 0.39229037 CND

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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