Currency exchange rate Uganda Shilling against the Neumark. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Uganda Shilling currency exchange rate against the Neumark currency:
currency exchange rate history, background information, prediction and more about UGX/NEU
Chart of History of changes in the UGX/NEU exchange rate
UGX/NEU exchange rate on today
05 27, 2024
1 UGX = 0.00169502 NEU
▼ -1.84 %
This page provides information about the currency pair Uganda Shilling/Neumark, and more precisely about how much 1 Uganda Shilling costs in Neumark.
Data on the currency pair UGX/NEU 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 UGX/NEU 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 Uganda Shilling/Neumark, 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 UGX/NEU exchange rate over the past 30 days
For the last 30 days (04 28, 2024 — 05 27, 2024) the Uganda Shilling exchange rate against the Neumark currency changed by -10.01% (0.00188364 NEU — 0.00169502 NEU)
Change in the UGX/NEU exchange rate over the past 90 days
For the last 90 days (03 16, 2024 — 05 27, 2024) the Uganda Shilling exchange rate against the Neumark currency changed by 44.37% (0.00117408 NEU — 0.00169502 NEU)
Change in the UGX/NEU exchange rate over the past 365 days
For the last 365 days (07 14, 2023 — 05 27, 2024) the Uganda Shilling exchange rate against the Neumark currency changed by 360.07% (0.00036843 NEU — 0.00169502 NEU)
Change in the UGX/NEU exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 27, 2024) the Uganda Shilling exchange rate against the Neumark currency changed by -43.82% (0.00301686 NEU — 0.00169502 NEU)
Uganda Shilling/Neumark price prediction
Uganda Shilling/Neumark price prediction for the next 30 days*
28/05 | 0.00167264 NEU | ▼ -1.32 % |
29/05 | 0.0016477 NEU | ▼ -1.49 % |
30/05 | 0.00162744 NEU | ▼ -1.23 % |
31/05 | 0.00161368 NEU | ▼ -0.85 % |
01/06 | 0.00159748 NEU | ▼ -1 % |
02/06 | 0.00161852 NEU | ▲ 1.32 % |
03/06 | 0.00164409 NEU | ▲ 1.58 % |
04/06 | 0.0017116 NEU | ▲ 4.11 % |
05/06 | 0.00174268 NEU | ▲ 1.82 % |
06/06 | 0.00169876 NEU | ▼ -2.52 % |
07/06 | 0.00176608 NEU | ▲ 3.96 % |
08/06 | 0.00182125 NEU | ▲ 3.12 % |
09/06 | 0.00193197 NEU | ▲ 6.08 % |
10/06 | 0.00191498 NEU | ▼ -0.88 % |
11/06 | 0.00185719 NEU | ▼ -3.02 % |
12/06 | 0.00182222 NEU | ▼ -1.88 % |
13/06 | 0.00190808 NEU | ▲ 4.71 % |
14/06 | 0.00187562 NEU | ▼ -1.7 % |
15/06 | 0.0019607 NEU | ▲ 4.54 % |
16/06 | 0.00190588 NEU | ▼ -2.8 % |
17/06 | 0.0018905 NEU | ▼ -0.81 % |
18/06 | 0.0019007 NEU | ▲ 0.54 % |
19/06 | 0.00171692 NEU | ▼ -9.67 % |
20/06 | 0.00159194 NEU | ▼ -7.28 % |
21/06 | 0.00158112 NEU | ▼ -0.68 % |
22/06 | 0.0015888 NEU | ▲ 0.49 % |
23/06 | 0.00160059 NEU | ▲ 0.74 % |
24/06 | 0.0016195 NEU | ▲ 1.18 % |
25/06 | 0.00159557 NEU | ▼ -1.48 % |
26/06 | 0.00157829 NEU | ▼ -1.08 % |
* — Price prediction of the Uganda Shilling/Neumark 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.
Uganda Shilling/Neumark price prediction for the next 3 months*
03/06 — 09/06 | 0.00173326 NEU | ▲ 2.26 % |
10/06 — 16/06 | 0.00177696 NEU | ▲ 2.52 % |
17/06 — 23/06 | 0.0018592 NEU | ▲ 4.63 % |
24/06 — 30/06 | 0.00195823 NEU | ▲ 5.33 % |
01/07 — 07/07 | 0.00239966 NEU | ▲ 22.54 % |
08/07 — 14/07 | 0.00261424 NEU | ▲ 8.94 % |
15/07 — 21/07 | 0.00280375 NEU | ▲ 7.25 % |
22/07 — 28/07 | 0.00308433 NEU | ▲ 10.01 % |
29/07 — 04/08 | 0.00316027 NEU | ▲ 2.46 % |
05/08 — 11/08 | 0.00284992 NEU | ▼ -9.82 % |
12/08 — 18/08 | 0.00257026 NEU | ▼ -9.81 % |
19/08 — 25/08 | 0.00295957 NEU | ▲ 15.15 % |
Uganda Shilling/Neumark price prediction for the next year*
06/2024 | 0.00030433 NEU | ▼ -82.05 % |
07/2024 | 0.00030951 NEU | ▲ 1.7 % |
08/2024 | 0.00046936 NEU | ▲ 51.65 % |
09/2024 | 0.00069711 NEU | ▲ 48.52 % |
10/2024 | 0.0017085 NEU | ▲ 145.08 % |
11/2024 | 0.00256102 NEU | ▲ 49.9 % |
12/2024 | 0.00279587 NEU | ▲ 9.17 % |
01/2025 | 0.00228909 NEU | ▼ -18.13 % |
02/2025 | 0.00274028 NEU | ▲ 19.71 % |
03/2025 | 0.00297702 NEU | ▲ 8.64 % |
04/2025 | 0.00448983 NEU | ▲ 50.82 % |
05/2025 | 0.00384737 NEU | ▼ -14.31 % |
Uganda Shilling/Neumark exchange rate statistics
For 30 days | |
---|---|
Minimum | 0.00172609 NEU |
Maximum | 0.00217151 NEU |
Weighted Average | 0.00194628 NEU |
For 90 days | |
Minimum | 0.0012253 NEU |
Maximum | 0.00217151 NEU |
Weighted Average | 0.00164641 NEU |
For 365 days | |
Minimum | 0.00036768 NEU |
Maximum | 0.00217151 NEU |
Weighted Average | 0.00141054 NEU |
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