Currency exchange rate Naira against the OAX. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Naira currency exchange rate against the OAX currency:
currency exchange rate history, background information, prediction and more about NGN/OAX
Chart of History of changes in the NGN/OAX exchange rate
NGN/OAX exchange rate on today
05 20, 2024
1 NGN = 0.00306642 OAX
▲ 3.18 %
This page provides information about the currency pair Naira/OAX, and more precisely about how much 1 Naira costs in OAX.
Data on the currency pair NGN/OAX 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 NGN/OAX 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 Naira/OAX, 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 NGN/OAX exchange rate over the past 30 days
For the last 30 days (04 21, 2024 — 05 20, 2024) the Naira exchange rate against the OAX currency changed by -19.32% (0.00380074 OAX — 0.00306642 OAX)
Change in the NGN/OAX exchange rate over the past 90 days
For the last 90 days (02 21, 2024 — 05 20, 2024) the Naira exchange rate against the OAX currency changed by -17.29% (0.0037076 OAX — 0.00306642 OAX)
Change in the NGN/OAX exchange rate over the past 365 days
For the last 365 days (05 22, 2023 — 05 20, 2024) the Naira exchange rate against the OAX currency changed by -66.87% (0.00925592 OAX — 0.00306642 OAX)
Change in the NGN/OAX exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 20, 2024) the Naira exchange rate against the OAX currency changed by -96.38% (0.08466391 OAX — 0.00306642 OAX)
Naira/OAX price prediction
Naira/OAX price prediction for the next 30 days*
21/05 | 0.00289013 OAX | ▼ -5.75 % |
22/05 | 0.00281021 OAX | ▼ -2.77 % |
23/05 | 0.00260465 OAX | ▼ -7.31 % |
24/05 | 0.00266685 OAX | ▲ 2.39 % |
25/05 | 0.00274122 OAX | ▲ 2.79 % |
26/05 | 0.00271293 OAX | ▼ -1.03 % |
27/05 | 0.00280986 OAX | ▲ 3.57 % |
28/05 | 0.00263878 OAX | ▼ -6.09 % |
29/05 | 0.00245336 OAX | ▼ -7.03 % |
30/05 | 0.00261992 OAX | ▲ 6.79 % |
31/05 | 0.00273385 OAX | ▲ 4.35 % |
01/06 | 0.00266943 OAX | ▼ -2.36 % |
02/06 | 0.00256115 OAX | ▼ -4.06 % |
03/06 | 0.00242036 OAX | ▼ -5.5 % |
04/06 | 0.0023919 OAX | ▼ -1.18 % |
05/06 | 0.00216132 OAX | ▼ -9.64 % |
06/06 | 0.00219586 OAX | ▲ 1.6 % |
07/06 | 0.00232427 OAX | ▲ 5.85 % |
08/06 | 0.00231418 OAX | ▼ -0.43 % |
09/06 | 0.0022137 OAX | ▼ -4.34 % |
10/06 | 0.0022638 OAX | ▲ 2.26 % |
11/06 | 0.00231808 OAX | ▲ 2.4 % |
12/06 | 0.00230802 OAX | ▼ -0.43 % |
13/06 | 0.00232011 OAX | ▲ 0.52 % |
14/06 | 0.00223474 OAX | ▼ -3.68 % |
15/06 | 0.00214802 OAX | ▼ -3.88 % |
16/06 | 0.00214873 OAX | ▲ 0.03 % |
17/06 | 0.0021228 OAX | ▼ -1.21 % |
18/06 | 0.00208857 OAX | ▼ -1.61 % |
19/06 | 0.00207243 OAX | ▼ -0.77 % |
* — Price prediction of the Naira/OAX 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.
Naira/OAX price prediction for the next 3 months*
27/05 — 02/06 | 0.00311845 OAX | ▲ 1.7 % |
03/06 — 09/06 | 0.00267824 OAX | ▼ -14.12 % |
10/06 — 16/06 | 0.00317522 OAX | ▲ 18.56 % |
17/06 — 23/06 | 0.00329263 OAX | ▲ 3.7 % |
24/06 — 30/06 | 0.00227327 OAX | ▼ -30.96 % |
01/07 — 07/07 | 0.00244886 OAX | ▲ 7.72 % |
08/07 — 14/07 | 0.00334337 OAX | ▲ 36.53 % |
15/07 — 21/07 | 0.00300844 OAX | ▼ -10.02 % |
22/07 — 28/07 | 0.00275439 OAX | ▼ -8.44 % |
29/07 — 04/08 | 0.00262293 OAX | ▼ -4.77 % |
05/08 — 11/08 | 0.00290977 OAX | ▲ 10.94 % |
12/08 — 18/08 | 0.00251906 OAX | ▼ -13.43 % |
Naira/OAX price prediction for the next year*
06/2024 | 0.00301628 OAX | ▼ -1.64 % |
07/2024 | 0.00317004 OAX | ▲ 5.1 % |
08/2024 | 0.00543401 OAX | ▲ 71.42 % |
09/2024 | 0.00280228 OAX | ▼ -48.43 % |
10/2024 | 0.00238892 OAX | ▼ -14.75 % |
11/2024 | 0.00252348 OAX | ▲ 5.63 % |
12/2024 | 0.00224792 OAX | ▼ -10.92 % |
01/2025 | 0.00183503 OAX | ▼ -18.37 % |
02/2025 | 0.00076475 OAX | ▼ -58.33 % |
03/2025 | 0.00060501 OAX | ▼ -20.89 % |
04/2025 | 0.00082429 OAX | ▲ 36.24 % |
05/2025 | 0.00070957 OAX | ▼ -13.92 % |
Naira/OAX exchange rate statistics
For 30 days | |
---|---|
Minimum | 0.00302818 OAX |
Maximum | 0.00380527 OAX |
Weighted Average | 0.00330435 OAX |
For 90 days | |
Minimum | 0.00245173 OAX |
Maximum | 0.00495427 OAX |
Weighted Average | 0.00334003 OAX |
For 365 days | |
Minimum | 0.00245173 OAX |
Maximum | 0.01362349 OAX |
Weighted Average | 0.00679711 OAX |
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