5 Azerbaijanian Manat to Ren. Chart, history price and prediction on tomorrow, next month, 2024 year

Price 5 Azerbaijanian Manat to Ren based on current data,
received from currency exchange exchanges as of 06 01, 2024, is 42.9037 REN.

How much is 5 AZN in REN?

06 01, 2024
5 AZN = 42.9037 REN
▲ 1.13 %
5 REN = 0.58 AZN
1 AZN = 8.580745 REN

Chart of History of price changes 5 AZN in REN

Price statistics 5 Azerbaijanian Manat in Ren

For 30 days
Minimum 40.2076 REN
Maximum 53.5195 REN
Weighted Average 46.7384 REN
For 90 days
Minimum 27.1572 REN
Maximum 53.5195 REN
Weighted Average 40.0245 REN
For 365 days
Minimum 27.1572 REN
Maximum 70.6481 REN
Weighted Average 49.1136 REN

Change in the price of 5 AZN to REN in the last 30 days

For the last 30 days (05 03, 2024 — 06 01, 2024) price 5 Azerbaijanian Manat against Ren changed by -11.98% (48.7416 REN — 42.9037 REN)

Change in the price of 5 AZN to REN in the last 90 days

For the last 90 days (03 04, 2024 — 06 01, 2024) the price of 5 Azerbaijanian Manat against Ren changed by 31.94% (32.5187 REN — 42.9037 REN)

Change in the price of 5 AZN to REN in the last 365 days

For the last 365 days (06 03, 2023 — 06 01, 2024) the price of 5 Azerbaijanian Manat against Ren changed by 10.2% (38.9331 REN — 42.9037 REN)

Change in the price of 5 AZN to REN for the entire time

For all the time our site has been running (04 10, 2020 — 06 01, 2024) the price of 5 Azerbaijanian Manat against Ren changed by -20.29% (53.8272 REN — 42.9037 REN)

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Price prediction 5 Azerbaijanian Manat in Ren

Ways to predict the exchange rate and cryptocurrencies. 

  1. Technical analysis: This method uses past price and volume data to try to identify patterns that can indicate future price movements. Traders and investors use technical indicators, such as moving averages, MACD, RSI, and candlestick charts, to analyze the market and predict future trends. For example, if the price of Bitcoin has been trading in a range for a while, and then breaks out above a key resistance level, traders may expect the price to continue rising.

  2. Fundamental analysis: This method looks at underlying economic and financial factors to try to determine the intrinsic value of an asset. Fundamental analysis includes analyzing financial statements, economic indicators, news events, and other factors that can affect the supply and demand of an asset. For example, if a country's central bank raises interest rates, the currency of that country may appreciate against other currencies.

  3. Sentiment analysis: This method uses social media and other sources to gauge market sentiment and investor psychology. Traders and investors use sentiment analysis to try to identify trends and potential turning points in the market. For example, if there is a lot of negative news and sentiment surrounding a particular cryptocurrency, traders may expect the price to decline.

  4. Machine learning and AI: This method uses algorithms and statistical models to analyze large amounts of data and make predictions about future price movements. Machine learning algorithms can learn from past data and adjust their predictions as new data becomes available. For example, a machine learning algorithm could analyze past price data, news articles, social media sentiment, and other factors to make predictions about the future price of a particular cryptocurrency.

Prediction of 5 Azerbaijanian Manat in Ren for the next 30 days*

02/06 41.629 REN ▼ -2.97 %
03/06 40.9781 REN ▼ -1.56 %
04/06 40.977 REN ▼ -0 %
05/06 39.972 REN ▼ -2.45 %
06/06 41.5636 REN ▲ 3.98 %
07/06 42.536 REN ▲ 2.34 %
08/06 41.9721 REN ▼ -1.33 %
09/06 41.7437 REN ▼ -0.54 %
10/06 43.1942 REN ▲ 3.47 %
11/06 44.9694 REN ▲ 4.11 %
12/06 45.92 REN ▲ 2.11 %
13/06 45.8183 REN ▼ -0.22 %
14/06 44.5427 REN ▼ -2.78 %
15/06 43.0299 REN ▼ -3.4 %
16/06 42.1144 REN ▼ -2.13 %
17/06 41.2928 REN ▼ -1.95 %
18/06 41.7432 REN ▲ 1.09 %
19/06 39.6797 REN ▼ -4.94 %
20/06 37.1308 REN ▼ -6.42 %
21/06 37.0479 REN ▼ -0.22 %
22/06 38.6239 REN ▲ 4.25 %
23/06 37.3874 REN ▼ -3.2 %
24/06 32.616 REN ▼ -12.76 %
25/06 33.7041 REN ▲ 3.34 %
26/06 34.4583 REN ▲ 2.24 %
27/06 33.2093 REN ▼ -3.62 %
28/06 33.5667 REN ▲ 1.08 %
29/06 33.4465 REN ▼ -0.36 %
30/06 34.5044 REN ▲ 3.16 %
01/07 34.6847 REN ▲ 0.52 %

* — The prediction of the price of 5 Azerbaijanian Manat in Ren is made by our specialists based on statistical data, global trends and major business news. Price prediction of 5 Azerbaijanian Manat in Ren for 30 days, 3 months and a year are made by different experts and may have slight differences.

Prediction of 5 Azerbaijanian Manat in Ren for the next 3 months*

03/06 — 09/06 43.2683 REN ▲ 0.85 %
10/06 — 16/06 40.9841 REN ▼ -5.28 %
17/06 — 23/06 38.6334 REN ▼ -5.74 %
24/06 — 30/06 39.4548 REN ▲ 2.13 %
01/07 — 07/07 61.4393 REN ▲ 55.72 %
08/07 — 14/07 57.9756 REN ▼ -5.64 %
15/07 — 21/07 62.6592 REN ▲ 8.08 %
22/07 — 28/07 59.739 REN ▼ -4.66 %
29/07 — 04/08 66.9751 REN ▲ 12.11 %
05/08 — 11/08 56.7174 REN ▼ -15.32 %
12/08 — 18/08 50.9941 REN ▼ -10.09 %
19/08 — 25/08 51.9285 REN ▲ 1.83 %

Prediction of 5 Azerbaijanian Manat in Ren for the next year*

07/2024 41.1423 REN ▼ -4.11 %
07/2024 44.9819 REN ▲ 9.33 %
08/2024 60.8171 REN ▲ 35.2 %
09/2024 56.9665 REN ▼ -6.33 %
10/2024 56.6417 REN ▼ -0.57 %
11/2024 42.826 REN ▼ -24.39 %
12/2024 36.8661 REN ▼ -13.92 %
01/2025 48.0464 REN ▲ 30.33 %
02/2025 34.3294 REN ▼ -28.55 %
03/2025 28.7269 REN ▼ -16.32 %
04/2025 45.1383 REN ▲ 57.13 %
05/2025 36.0789 REN ▼ -20.07 %

FAQ

What is the price 5 AZN in REN today, 06 01, 2024?

As of today, the price of 5 Azerbaijanian Manat to Ren is - 42.9037 REN

What will be the price 5 AZN in REN tomorrow 2024.06.02?

For tomorrow 5 Azerbaijanian Manat to Ren exchange rate - 42 ren

What will be the price 5 AZN in REN in the next month?

Our analysts have made a detailed prediction price 5 Azerbaijanian Manat to Ren for the next month. You can see it by this link. For your convenience, it is broken down by day. Please note that this is only an approximate prediction and actual data may vary.

What will be the price 5 AZN in REN in the next 3 months?

Our analysts have made a detailed prediction price 5 Azerbaijanian Manat to Ren for the next quarter. You can see it by this link. For your convenience, it is broken down by week. Please note that this is only an approximate prediction and actual data may vary.

What will be the price 5 AZN in REN in the coming year?

Our analysts have made a detailed prediction price 5 Azerbaijanian Manat to Ren for the next year ahead. You can see it by this link. For your convenience, it is broken down by month. Please note that this is only an approximate prediction and actual data may vary.

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