1 Nakfa to Malagasy Ariary. Chart, history price and prediction on tomorrow, next month, 2024 year

Price 1 Nakfa to Malagasy Ariary based on current data,
received from currency exchange exchanges as of 06 14, 2024, is 15,201 MGA.

How much is 1 ERN in MGA?

06 14, 2024
1 ERN = 15,201 MGA
▲ 1.12 %
1 MGA = 0 ERN
1 ERN = 15,201 MGA

Chart of History of price changes 1 ERN in MGA

Price statistics 1 Nakfa in Malagasy Ariary

For 30 days
Minimum 293.88 MGA
Maximum 21,056 MGA
Weighted Average 13,883 MGA
For 90 days
Minimum 289.86 MGA
Maximum 35,743 MGA
Weighted Average 16,947 MGA
For 365 days
Minimum 289.86 MGA
Maximum 35,743 MGA
Weighted Average 9,179 MGA

Change in the price of 1 ERN to MGA in the last 30 days

For the last 30 days (05 16, 2024 — 06 14, 2024) price 1 Nakfa against Malagasy Ariary changed by -19.63% (18,914 MGA — 15,201 MGA)

Change in the price of 1 ERN to MGA in the last 90 days

For the last 90 days (03 17, 2024 — 06 14, 2024) the price of 1 Nakfa against Malagasy Ariary changed by -32.82% (22,626 MGA — 15,201 MGA)

Change in the price of 1 ERN to MGA in the last 365 days

For the last 365 days (06 16, 2023 — 06 14, 2024) the price of 1 Nakfa against Malagasy Ariary changed by 137.96% (6,388 MGA — 15,201 MGA)

Change in the price of 1 ERN to MGA for the entire time

For all the time our site has been running (04 10, 2020 — 06 14, 2024) the price of 1 Nakfa against Malagasy Ariary changed by 5980.52% (250 MGA — 15,201 MGA)

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Price prediction 1 Nakfa in Malagasy Ariary

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 1 Nakfa in Malagasy Ariary for the next 30 days*

15/06 16,220 MGA ▲ 6.7 %
16/06 17,026 MGA ▲ 4.97 %
17/06 17,049 MGA ▲ 0.13 %
18/06 16,511 MGA ▼ -3.16 %
19/06 16,839 MGA ▲ 1.99 %
20/06 17,544 MGA ▲ 4.19 %
21/06 17,140 MGA ▼ -2.3 %
22/06 16,473 MGA ▼ -3.89 %
23/06 16,647 MGA ▲ 1.05 %
24/06 16,782 MGA ▲ 0.81 %
25/06 17,058 MGA ▲ 1.64 %
26/06 16,911 MGA ▼ -0.86 %
27/06 16,341 MGA ▼ -3.37 %
28/06 15,686 MGA ▼ -4.01 %
29/06 15,773 MGA ▲ 0.55 %
30/06 15,914 MGA ▲ 0.89 %
01/07 15,732 MGA ▼ -1.14 %
02/07 14,653 MGA ▼ -6.86 %
03/07 14,462 MGA ▼ -1.3 %
04/07 14,771 MGA ▲ 2.14 %
05/07 14,964 MGA ▲ 1.31 %
06/07 15,032 MGA ▲ 0.45 %
07/07 14,572 MGA ▼ -3.06 %
08/07 7,458 MGA ▼ -48.82 %
09/07 12,532 MGA ▲ 68.03 %
10/07 12,763 MGA ▲ 1.84 %
11/07 12,362 MGA ▼ -3.14 %
12/07 12,189 MGA ▼ -1.41 %
13/07 11,770 MGA ▼ -3.43 %
14/07 14,215 MGA ▲ 20.77 %

* — The prediction of the price of 1 Nakfa in Malagasy Ariary is made by our specialists based on statistical data, global trends and major business news. Price prediction of 1 Nakfa in Malagasy Ariary for 30 days, 3 months and a year are made by different experts and may have slight differences.

Prediction of 1 Nakfa in Malagasy Ariary for the next 3 months*

17/06 — 23/06 15,440 MGA ▲ 1.57 %
24/06 — 30/06 16,635 MGA ▲ 7.75 %
01/07 — 07/07 9,330 MGA ▼ -43.92 %
08/07 — 14/07 10,398 MGA ▲ 11.45 %
15/07 — 21/07 8,164 MGA ▼ -21.49 %
22/07 — 28/07 8,680 MGA ▲ 6.32 %
29/07 — 04/08 8,659 MGA ▼ -0.24 %
05/08 — 11/08 8,691 MGA ▲ 0.37 %
12/08 — 18/08 8,730 MGA ▲ 0.45 %
19/08 — 25/08 7,698 MGA ▼ -11.82 %
26/08 — 01/09 7,401 MGA ▼ -3.86 %
02/09 — 08/09 8,917 MGA ▲ 20.49 %

Prediction of 1 Nakfa in Malagasy Ariary for the next year*

07/2024 15,746 MGA ▲ 3.58 %
08/2024 12,721 MGA ▼ -19.21 %
09/2024 14,950 MGA ▲ 17.53 %
10/2024 15,072 MGA ▲ 0.82 %
11/2024 16,196 MGA ▲ 7.45 %
12/2024 19,393 MGA ▲ 19.74 %
01/2025 17,611 MGA ▼ -9.19 %
02/2025 18,120 MGA ▲ 2.89 %
03/2025 65,229 MGA ▲ 259.98 %
04/2025 34,906 MGA ▼ -46.49 %
05/2025 39,776 MGA ▲ 13.95 %
06/2025 42,049 MGA ▲ 5.71 %

FAQ

What is the price 1 ERN in MGA today, 06 14, 2024?

As of today, the price of 1 Nakfa to Malagasy Ariary is - 15,201 MGA

What will be the price 1 ERN in MGA tomorrow 2024.06.15?

For tomorrow 1 Nakfa to Malagasy Ariary exchange rate - 16,220 mga

What will be the price 1 ERN in MGA in the next month?

Our analysts have made a detailed prediction price 1 Nakfa to Malagasy Ariary 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 1 ERN in MGA in the next 3 months?

Our analysts have made a detailed prediction price 1 Nakfa to Malagasy Ariary 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 1 ERN in MGA in the coming year?

Our analysts have made a detailed prediction price 1 Nakfa to Malagasy Ariary 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