Currency exchange rate US Dollar 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 US Dollar currency exchange rate against the Somali Shilling currency:
currency exchange rate history, background information, prediction and more about USD/SOS
Chart of History of changes in the USD/SOS exchange rate
USD/SOS exchange rate on today
05 05, 2024
1 USD = 36,428,277 SOS
▲ 0.9 %
This page provides information about the currency pair US Dollar/Somali Shilling, and more precisely about how much 1 US Dollar costs in Somali Shilling.
Data on the currency pair USD/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 USD/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 US Dollar/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 USD/SOS exchange rate over the past 30 days
For the last 30 days (04 06, 2024 — 05 05, 2024) the US Dollar exchange rate against the Somali Shilling currency changed by 45.53% (25,031,474 SOS — 36,428,277 SOS)
Change in the USD/SOS exchange rate over the past 90 days
For the last 90 days (02 06, 2024 — 05 05, 2024) the US Dollar exchange rate against the Somali Shilling currency changed by -11.29% (41,066,191 SOS — 36,428,277 SOS)
Change in the USD/SOS exchange rate over the past 365 days
For the last 365 days (05 07, 2023 — 05 05, 2024) the US Dollar exchange rate against the Somali Shilling currency changed by 203.26% (12,012,105 SOS — 36,428,277 SOS)
Change in the USD/SOS exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 05, 2024) the US Dollar exchange rate against the Somali Shilling currency changed by 6269824.5% (581 SOS — 36,428,277 SOS)
US Dollar/Somali Shilling price prediction
US Dollar/Somali Shilling price prediction for the next 30 days*
06/05 | 34,892,082 SOS | ▼ -4.22 % |
07/05 | 32,496,555 SOS | ▼ -6.87 % |
08/05 | 32,261,579 SOS | ▼ -0.72 % |
09/05 | 33,332,843 SOS | ▲ 3.32 % |
10/05 | 36,661,873 SOS | ▲ 9.99 % |
11/05 | 37,254,989 SOS | ▲ 1.62 % |
12/05 | 39,957,057 SOS | ▲ 7.25 % |
13/05 | 46,652,865 SOS | ▲ 16.76 % |
14/05 | 49,090,373 SOS | ▲ 5.22 % |
15/05 | 49,049,165 SOS | ▼ -0.08 % |
16/05 | 49,401,211 SOS | ▲ 0.72 % |
17/05 | 43,643,209 SOS | ▼ -11.66 % |
18/05 | 45,263,470 SOS | ▲ 3.71 % |
19/05 | 43,642,412 SOS | ▼ -3.58 % |
20/05 | 43,325,140 SOS | ▼ -0.73 % |
21/05 | 44,111,938 SOS | ▲ 1.82 % |
22/05 | 44,194,388 SOS | ▲ 0.19 % |
23/05 | 43,436,278 SOS | ▼ -1.72 % |
24/05 | 47,748,615 SOS | ▲ 9.93 % |
25/05 | 49,119,333 SOS | ▲ 2.87 % |
26/05 | 49,784,926 SOS | ▲ 1.36 % |
27/05 | 51,382,764 SOS | ▲ 3.21 % |
28/05 | 51,248,007 SOS | ▼ -0.26 % |
29/05 | 53,110,012 SOS | ▲ 3.63 % |
30/05 | 56,831,523 SOS | ▲ 7.01 % |
31/05 | 57,533,266 SOS | ▲ 1.23 % |
01/06 | 56,542,067 SOS | ▼ -1.72 % |
02/06 | 56,550,501 SOS | ▲ 0.01 % |
03/06 | 54,341,010 SOS | ▼ -3.91 % |
04/06 | 78,798,916 SOS | ▲ 45.01 % |
* — Price prediction of the US Dollar/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.
US Dollar/Somali Shilling price prediction for the next 3 months*
06/05 — 12/05 | 27,658,095 SOS | ▼ -24.08 % |
13/05 — 19/05 | 46,372,834 SOS | ▲ 67.66 % |
20/05 — 26/05 | 35,145,549 SOS | ▼ -24.21 % |
27/05 — 02/06 | 20,303,135 SOS | ▼ -42.23 % |
03/06 — 09/06 | 23,778,542 SOS | ▲ 17.12 % |
10/06 — 16/06 | 25,739,972 SOS | ▲ 8.25 % |
17/06 — 23/06 | 28,355,493 SOS | ▲ 10.16 % |
24/06 — 30/06 | 28,159,307 SOS | ▼ -0.69 % |
01/07 — 07/07 | 45,320,409 SOS | ▲ 60.94 % |
08/07 — 14/07 | 40,291,871 SOS | ▼ -11.1 % |
15/07 — 21/07 | 46,872,815 SOS | ▲ 16.33 % |
22/07 — 28/07 | 63,243,757 SOS | ▲ 34.93 % |
US Dollar/Somali Shilling price prediction for the next year*
06/2024 | 33,607,889 SOS | ▼ -7.74 % |
07/2024 | 43,224,013 SOS | ▲ 28.61 % |
08/2024 | 59,615,880 SOS | ▲ 37.92 % |
09/2024 | 65,997,168 SOS | ▲ 10.7 % |
10/2024 | 146,290,520 SOS | ▲ 121.66 % |
11/2024 | 114,553,091 SOS | ▼ -21.69 % |
12/2024 | 88,113,150 SOS | ▼ -23.08 % |
12/2024 | 119,450,287 SOS | ▲ 35.56 % |
01/2025 | 88,681,606 SOS | ▼ -25.76 % |
03/2025 | 71,567,889 SOS | ▼ -19.3 % |
03/2025 | 122,926,674 SOS | ▲ 71.76 % |
04/2025 | 160,961,594 SOS | ▲ 30.94 % |
US Dollar/Somali Shilling exchange rate statistics
For 30 days | |
---|---|
Minimum | 23,391,924 SOS |
Maximum | 571.5 SOS |
Weighted Average | 23,975,332 SOS |
For 90 days | |
Minimum | 17,283,002 SOS |
Maximum | 571.5 SOS |
Weighted Average | 21,820,161 SOS |
For 365 days | |
Minimum | 12,020,230 SOS |
Maximum | 51,816,487 SOS |
Weighted Average | 22,042,534 SOS |
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