1 Lari to Ren. Chart, history price and prediction on tomorrow, next month, 2024 year

Price 1 Lari to Ren based on current data,
received from currency exchange exchanges as of 06 10, 2024, is 5.413949 REN.

How much is 1 GEL in REN?

06 10, 2024
1 GEL = 5.413949 REN
▲ 0.33 %
1 REN = 0.18 GEL
1 GEL = 5.413949 REN

Chart of History of price changes 1 GEL in REN

Price statistics 1 Lari in Ren

For 30 days
Minimum 4.683573 REN
Maximum 6.805302 REN
Weighted Average 5.365051 REN
For 90 days
Minimum 3.482332 REN
Maximum 6.966461 REN
Weighted Average 5.464122 REN
For 365 days
Minimum 0.16557022 REN
Maximum 16.2078 REN
Weighted Average 6.323176 REN

Change in the price of 1 GEL to REN in the last 30 days

For the last 30 days (05 12, 2024 — 06 10, 2024) price 1 Lari against Ren changed by 15.21% (4.699052 REN — 5.413949 REN)

Change in the price of 1 GEL to REN in the last 90 days

For the last 90 days (03 13, 2024 — 06 10, 2024) the price of 1 Lari against Ren changed by -18.5% (6.64319 REN — 5.413949 REN)

Change in the price of 1 GEL to REN in the last 365 days

For the last 365 days (06 12, 2023 — 06 10, 2024) the price of 1 Lari against Ren changed by 18.57% (4.565945 REN — 5.413949 REN)

Change in the price of 1 GEL to REN for the entire time

For all the time our site has been running (04 10, 2020 — 06 10, 2024) the price of 1 Lari against Ren changed by -5.59% (5.734536 REN — 5.413949 REN)

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Price prediction 1 Lari 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 1 Lari in Ren for the next 30 days*

11/06 5.596687 REN ▲ 3.38 %
12/06 5.734414 REN ▲ 2.46 %
13/06 5.760723 REN ▲ 0.46 %
14/06 5.674546 REN ▼ -1.5 %
15/06 5.466493 REN ▼ -3.67 %
16/06 5.3905 REN ▼ -1.39 %
17/06 5.396914 REN ▲ 0.12 %
18/06 5.371433 REN ▼ -0.47 %
19/06 5.506311 REN ▲ 2.51 %
20/06 6.139099 REN ▲ 11.49 %
21/06 6.248648 REN ▲ 1.78 %
22/06 6.367547 REN ▲ 1.9 %
23/06 5.973174 REN ▼ -6.19 %
24/06 5.190512 REN ▼ -13.1 %
25/06 5.536101 REN ▲ 6.66 %
26/06 5.902562 REN ▲ 6.62 %
27/06 5.938499 REN ▲ 0.61 %
28/06 5.865906 REN ▼ -1.22 %
29/06 5.757436 REN ▼ -1.85 %
30/06 5.974657 REN ▲ 3.77 %
01/07 5.996299 REN ▲ 0.36 %
02/07 5.869027 REN ▼ -2.12 %
03/07 5.759103 REN ▼ -1.87 %
04/07 5.899324 REN ▲ 2.43 %
05/07 5.558639 REN ▼ -5.77 %
06/07 5.330826 REN ▼ -4.1 %
07/07 5.715889 REN ▲ 7.22 %
08/07 5.914993 REN ▲ 3.48 %
09/07 5.765511 REN ▼ -2.53 %
10/07 5.737299 REN ▼ -0.49 %

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

Prediction of 1 Lari in Ren for the next 3 months*

17/06 — 23/06 5.027814 REN ▼ -7.13 %
24/06 — 30/06 4.521786 REN ▼ -10.06 %
01/07 — 07/07 4.40988 REN ▼ -2.47 %
08/07 — 14/07 5.093895 REN ▲ 15.51 %
15/07 — 21/07 4.865867 REN ▼ -4.48 %
22/07 — 28/07 5.232988 REN ▲ 7.54 %
29/07 — 04/08 4.143703 REN ▼ -20.82 %
05/08 — 11/08 4.3597 REN ▲ 5.21 %
12/08 — 18/08 4.211758 REN ▼ -3.39 %
19/08 — 25/08 4.588752 REN ▲ 8.95 %
26/08 — 01/09 4.51018 REN ▼ -1.71 %
02/09 — 08/09 4.531353 REN ▲ 0.47 %

Prediction of 1 Lari in Ren for the next year*

07/2024 5.33447 REN ▼ -1.47 %
08/2024 6.875353 REN ▲ 28.89 %
09/2024 5.991227 REN ▼ -12.86 %
10/2024 6.634621 REN ▲ 10.74 %
11/2024 7.049124 REN ▲ 6.25 %
12/2024 6.986021 REN ▼ -0.9 %
01/2025 12.4848 REN ▲ 78.71 %
02/2025 7.132627 REN ▼ -42.87 %
03/2025 4.489312 REN ▼ -37.06 %
04/2025 4.962881 REN ▲ 10.55 %
05/2025 4.654795 REN ▼ -6.21 %
06/2025 4.410475 REN ▼ -5.25 %

FAQ

What is the price 1 GEL in REN today, 06 10, 2024?

As of today, the price of 1 Lari to Ren is - 5.413949 REN

What will be the price 1 GEL in REN tomorrow 2024.06.11?

For tomorrow 1 Lari to Ren exchange rate - 6 ren

What will be the price 1 GEL in REN in the next month?

Our analysts have made a detailed prediction price 1 Lari 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 1 GEL in REN in the next 3 months?

Our analysts have made a detailed prediction price 1 Lari 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 1 GEL in REN in the coming year?

Our analysts have made a detailed prediction price 1 Lari 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