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

Price 1 Malagasy Ariary to Ren based on current data,
received from currency exchange exchanges as of 06 06, 2024, is 0.00297603 REN.

How much is 1 MGA in REN?

06 06, 2024
1 MGA = 0.00297603 REN
▲ 4.85 %
1 REN = 336.02 MGA
1 MGA = 0.00297603 REN

Chart of History of price changes 1 MGA in REN

Price statistics 1 Malagasy Ariary in Ren

For 30 days
Minimum 0.00298318 REN
Maximum 0.00411026 REN
Weighted Average 0.00348505 REN
For 90 days
Minimum 0.00204643 REN
Maximum 0.00411026 REN
Weighted Average 0.00310562 REN
For 365 days
Minimum 0.00204643 REN
Maximum 0.00915796 REN
Weighted Average 0.003723 REN

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

For the last 30 days (05 08, 2024 — 06 06, 2024) price 1 Malagasy Ariary against Ren changed by -21.39% (0.00378564 REN — 0.00297603 REN)

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

For the last 90 days (03 09, 2024 — 06 06, 2024) the price of 1 Malagasy Ariary against Ren changed by 25.2% (0.00237709 REN — 0.00297603 REN)

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

For the last 365 days (06 08, 2023 — 06 06, 2024) the price of 1 Malagasy Ariary against Ren changed by 7.15% (0.00277733 REN — 0.00297603 REN)

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

For all the time our site has been running (04 10, 2020 — 06 06, 2024) the price of 1 Malagasy Ariary against Ren changed by -38.9% (0.00487062 REN — 0.00297603 REN)

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Price prediction 1 Malagasy Ariary 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 Malagasy Ariary in Ren for the next 30 days*

07/06 0.00306347 REN ▲ 2.94 %
08/06 0.00304088 REN ▼ -0.74 %
09/06 0.00304858 REN ▲ 0.25 %
10/06 0.00317954 REN ▲ 4.3 %
11/06 0.00332901 REN ▲ 4.7 %
12/06 0.00340467 REN ▲ 2.27 %
13/06 0.00339669 REN ▼ -0.23 %
14/06 0.00326742 REN ▼ -3.81 %
15/06 0.00318561 REN ▼ -2.5 %
16/06 0.00313668 REN ▼ -1.54 %
17/06 0.0031086 REN ▼ -0.9 %
18/06 0.00315389 REN ▲ 1.46 %
19/06 0.00295591 REN ▼ -6.28 %
20/06 0.00278584 REN ▼ -5.75 %
21/06 0.00276654 REN ▼ -0.69 %
22/06 0.00298648 REN ▲ 7.95 %
23/06 0.00285671 REN ▼ -4.35 %
24/06 0.00256248 REN ▼ -10.3 %
25/06 0.00269036 REN ▲ 4.99 %
26/06 0.00269148 REN ▲ 0.04 %
27/06 0.00265727 REN ▼ -1.27 %
28/06 0.00261986 REN ▼ -1.41 %
29/06 0.00267334 REN ▲ 2.04 %
30/06 0.00281012 REN ▲ 5.12 %
01/07 0.0028421 REN ▲ 1.14 %
02/07 0.00276851 REN ▼ -2.59 %
03/07 0.0027019 REN ▼ -2.41 %
04/07 0.00270849 REN ▲ 0.24 %
05/07 0.00249481 REN ▼ -7.89 %
06/07 0.00227337 REN ▼ -8.88 %

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

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

10/06 — 16/06 0.00279715 REN ▼ -6.01 %
17/06 — 23/06 0.00271428 REN ▼ -2.96 %
24/06 — 30/06 0.00279327 REN ▲ 2.91 %
01/07 — 07/07 0.00472816 REN ▲ 69.27 %
08/07 — 14/07 0.00447635 REN ▼ -5.33 %
15/07 — 21/07 0.00479218 REN ▲ 7.06 %
22/07 — 28/07 0.00462901 REN ▼ -3.4 %
29/07 — 04/08 0.00545675 REN ▲ 17.88 %
05/08 — 11/08 0.00485147 REN ▼ -11.09 %
12/08 — 18/08 0.00398017 REN ▼ -17.96 %
19/08 — 25/08 0.00398131 REN ▲ 0.03 %
26/08 — 01/09 0.00348797 REN ▼ -12.39 %

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

07/2024 0.00297436 REN ▼ -0.06 %
08/2024 0.00386762 REN ▲ 30.03 %
09/2024 0.00369838 REN ▼ -4.38 %
10/2024 0.00372377 REN ▲ 0.69 %
11/2024 0.00302533 REN ▼ -18.76 %
12/2024 0.00223842 REN ▼ -26.01 %
01/2025 0.00317263 REN ▲ 41.74 %
02/2025 0.00301239 REN ▼ -5.05 %
03/2025 0.00127181 REN ▼ -57.78 %
04/2025 0.00259441 REN ▲ 103.99 %
05/2025 0.00201704 REN ▼ -22.25 %
06/2025 0.00166019 REN ▼ -17.69 %

FAQ

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

As of today, the price of 1 Malagasy Ariary to Ren is - 0.00297603 REN

What will be the price 1 MGA in REN tomorrow 2024.06.07?

For tomorrow 1 Malagasy Ariary to Ren exchange rate - 0 ren

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

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

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

Our analysts have made a detailed prediction price 1 Malagasy Ariary 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