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

Price 1 Malagasy Ariary to aelf based on current data,
received from currency exchange exchanges as of 06 08, 2024, is 0.00048909 ELF.

How much is 1 MGA in ELF?

06 08, 2024
1 MGA = 0.00048909 ELF
▲ 1.93 %
1 ELF = 2,045 MGA
1 MGA = 0.00048909 ELF

Chart of History of price changes 1 MGA in ELF

Price statistics 1 Malagasy Ariary in aelf

For 30 days
Minimum 0.00042101 ELF
Maximum 0.00048197 ELF
Weighted Average 0.0004387 ELF
For 90 days
Minimum 0.00032134 ELF
Maximum 0.00048197 ELF
Weighted Average 0.0003979 ELF
For 365 days
Minimum 0.0002665 ELF
Maximum 0.00145075 ELF
Weighted Average 0.00052768 ELF

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

For the last 30 days (05 10, 2024 — 06 08, 2024) price 1 Malagasy Ariary against aelf changed by 18.76% (0.00041183 ELF — 0.00048909 ELF)

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

For the last 90 days (03 11, 2024 — 06 08, 2024) the price of 1 Malagasy Ariary against aelf changed by 45.14% (0.00033698 ELF — 0.00048909 ELF)

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

For the last 365 days (06 10, 2023 — 06 08, 2024) the price of 1 Malagasy Ariary against aelf changed by -36.78% (0.00077364 ELF — 0.00048909 ELF)

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

For all the time our site has been running (04 10, 2020 — 06 08, 2024) the price of 1 Malagasy Ariary against aelf changed by -87.82% (0.00401667 ELF — 0.00048909 ELF)

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Price prediction 1 Malagasy Ariary in aelf

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 aelf for the next 30 days*

10/06 0.00049612 ELF ▲ 1.44 %
11/06 0.00050359 ELF ▲ 1.51 %
12/06 0.00050215 ELF ▼ -0.29 %
13/06 0.00051244 ELF ▲ 2.05 %
14/06 0.00051865 ELF ▲ 1.21 %
15/06 0.00052003 ELF ▲ 0.27 %
16/06 0.00051385 ELF ▼ -1.19 %
17/06 0.00050857 ELF ▼ -1.03 %
18/06 0.00050687 ELF ▼ -0.34 %
19/06 0.00050619 ELF ▼ -0.13 %
20/06 0.00050177 ELF ▼ -0.87 %
21/06 0.00049521 ELF ▼ -1.31 %
22/06 0.00049971 ELF ▲ 0.91 %
23/06 0.00051276 ELF ▲ 2.61 %
24/06 0.00051462 ELF ▲ 0.36 %
25/06 0.00051332 ELF ▼ -0.25 %
26/06 0.00051492 ELF ▲ 0.31 %
27/06 0.00051305 ELF ▼ -0.36 %
28/06 0.00051182 ELF ▼ -0.24 %
29/06 0.00051183 ELF ▲ 0 %
30/06 0.00052206 ELF ▲ 2 %
01/07 0.00052715 ELF ▲ 0.97 %
02/07 0.00052868 ELF ▲ 0.29 %
03/07 0.00053324 ELF ▲ 0.86 %
04/07 0.0005471 ELF ▲ 2.6 %
05/07 0.00056227 ELF ▲ 2.77 %
06/07 0.00055409 ELF ▼ -1.46 %
07/07 0.00055464 ELF ▲ 0.1 %
08/07 0.00056395 ELF ▲ 1.68 %
09/07 0.00057861 ELF ▲ 2.6 %

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

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

10/06 — 16/06 0.00048175 ELF ▼ -1.5 %
17/06 — 23/06 0.00048502 ELF ▲ 0.68 %
24/06 — 30/06 0.00048274 ELF ▼ -0.47 %
01/07 — 07/07 0.00052669 ELF ▲ 9.1 %
08/07 — 14/07 0.00051064 ELF ▼ -3.05 %
15/07 — 21/07 0.00049306 ELF ▼ -3.44 %
22/07 — 28/07 0.00053146 ELF ▲ 7.79 %
29/07 — 04/08 0.00056961 ELF ▲ 7.18 %
05/08 — 11/08 0.00055979 ELF ▼ -1.72 %
12/08 — 18/08 0.00056812 ELF ▲ 1.49 %
19/08 — 25/08 0.00061235 ELF ▲ 7.79 %
26/08 — 01/09 0.00066065 ELF ▲ 7.89 %

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

07/2024 0.00048959 ELF ▲ 0.1 %
08/2024 0.00046012 ELF ▼ -6.02 %
09/2024 0.00035404 ELF ▼ -23.05 %
10/2024 0.00035804 ELF ▲ 1.13 %
11/2024 0.00026572 ELF ▼ -25.79 %
12/2024 0.0002346 ELF ▼ -11.71 %
01/2025 0.00025853 ELF ▲ 10.2 %
02/2025 0.00030982 ELF ▲ 19.84 %
03/2025 0.00023365 ELF ▼ -24.58 %
04/2025 0.00028382 ELF ▲ 21.47 %
05/2025 0.00029844 ELF ▲ 5.15 %
06/2025 0.00031826 ELF ▲ 6.64 %

FAQ

What is the price 1 MGA in ELF today, 06 08, 2024?

As of today, the price of 1 Malagasy Ariary to aelf is - 0.00048909 ELF

What will be the price 1 MGA in ELF tomorrow 2024.06.10?

For tomorrow 1 Malagasy Ariary to aelf exchange rate - 0 elf

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

Our analysts have made a detailed prediction price 1 Malagasy Ariary to aelf 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 ELF in the next 3 months?

Our analysts have made a detailed prediction price 1 Malagasy Ariary to aelf 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 ELF in the coming year?

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