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

Price 1 Malagasy Ariary to Dropil based on current data,
received from currency exchange exchanges as of 10 23, 2020, is 11.1706 DROP.

How much is 1 MGA in DROP?

10 23, 2020
1 MGA = 11.1706 DROP
▲ 0.89 %
1 DROP = 0.09 MGA
1 MGA = 11.1706 DROP

Chart of History of price changes 1 MGA in DROP

Price statistics 1 Malagasy Ariary in Dropil

For 30 days
Minimum 10.9071 DROP
Maximum 21.5198 DROP
Weighted Average 12.2377 DROP
For 90 days
Minimum 10.8858 DROP
Maximum 38.0892 DROP
Weighted Average 18.3438 DROP
For 365 days
Minimum 4.450908 DROP
Maximum 134.94 DROP
Weighted Average 31.4228 DROP

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

For the last 30 days (09 24, 2020 — 10 23, 2020) price 1 Malagasy Ariary against Dropil changed by 1.03% (11.0571 DROP — 11.1706 DROP)

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

For the last 90 days (07 26, 2020 — 10 23, 2020) the price of 1 Malagasy Ariary against Dropil changed by -70.4% (37.7402 DROP — 11.1706 DROP)

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

For the last 365 days (04 10, 2020 — 10 23, 2020) the price of 1 Malagasy Ariary against Dropil changed by 153.29% (4.410237 DROP — 11.1706 DROP)

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

For all the time our site has been running (04 10, 2020 — 10 23, 2020) the price of 1 Malagasy Ariary against Dropil changed by 153.29% (4.410237 DROP — 11.1706 DROP)

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Price prediction 1 Malagasy Ariary in Dropil

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 Malagasy Ariary in Dropil for the next 30 days*

30/05 11.188 DROP ▲ 0.16 %
31/05 13.3554 DROP ▲ 19.37 %
01/06 11.5052 DROP ▼ -13.85 %
02/06 11.5052 DROP ▲ 0 %
03/06 11.5058 DROP ▲ 0 %
04/06 11.5071 DROP ▲ 0.01 %
05/06 11.4861 DROP ▼ -0.18 %
06/06 11.4735 DROP ▼ -0.11 %
07/06 13.3699 DROP ▲ 16.53 %
08/06 14.7407 DROP ▲ 10.25 %
09/06 14.6884 DROP ▼ -0.35 %
10/06 14.59 DROP ▼ -0.67 %
11/06 14.7901 DROP ▲ 1.37 %
12/06 15.0021 DROP ▲ 1.43 %
13/06 14.6835 DROP ▼ -2.12 %
14/06 14.0459 DROP ▼ -4.34 %
15/06 13.5011 DROP ▼ -3.88 %
16/06 13.4368 DROP ▼ -0.48 %
17/06 13.0634 DROP ▼ -2.78 %
18/06 12.9776 DROP ▼ -0.66 %
19/06 13.0628 DROP ▲ 0.66 %
20/06 13.1802 DROP ▲ 0.9 %
21/06 13.3003 DROP ▲ 0.91 %
22/06 13.423 DROP ▲ 0.92 %
23/06 13.231 DROP ▼ -1.43 %
24/06 12.9968 DROP ▼ -1.77 %
25/06 13.1886 DROP ▲ 1.48 %
26/06 12.9169 DROP ▼ -2.06 %
27/06 12.0387 DROP ▼ -6.8 %
28/06 11.8765 DROP ▼ -1.35 %

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

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

03/06 — 09/06 11.1152 DROP ▼ -0.5 %
10/06 — 16/06 11.0898 DROP ▼ -0.23 %
17/06 — 23/06 2.521405 DROP ▼ -77.26 %
24/06 — 30/06 2.498407 DROP ▼ -0.91 %
01/07 — 07/07 2.509863 DROP ▲ 0.46 %
08/07 — 14/07 2.499939 DROP ▼ -0.4 %
15/07 — 21/07 2.494394 DROP ▼ -0.22 %
22/07 — 28/07 2.475721 DROP ▼ -0.75 %
29/07 — 04/08 3.167399 DROP ▲ 27.94 %
05/08 — 11/08 2.91211 DROP ▼ -8.06 %
12/08 — 18/08 2.904466 DROP ▼ -0.26 %
19/08 — 25/08 2.663078 DROP ▼ -8.31 %

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

06/2024 139.3 DROP ▲ 1147.03 %
07/2024 120.33 DROP ▼ -13.62 %
08/2024 136.12 DROP ▲ 13.12 %
09/2024 86.4876 DROP ▼ -36.46 %
10/2024 39.5225 DROP ▼ -54.3 %
11/2024 39.0155 DROP ▼ -1.28 %
12/2024 40.3734 DROP ▲ 3.48 %

FAQ

What is the price 1 MGA in DROP today, 10 23, 2020?

As of today, the price of 1 Malagasy Ariary to Dropil is - 11.1706 DROP

What will be the price 1 MGA in DROP tomorrow 2024.05.30?

For tomorrow 1 Malagasy Ariary to Dropil exchange rate - 11 drop

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

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

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

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