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

Price 5 Malagasy Ariary to Ren based on current data,
received from currency exchange exchanges as of 05 23, 2024, is 0.01894515 REN.

How much is 5 MGA in REN?

05 23, 2024
5 MGA = 0.01894515 REN
▲ 15.22 %
5 REN = 1,320 MGA
1 MGA = 0.00378903 REN

Chart of History of price changes 5 MGA in REN

Price statistics 5 Malagasy Ariary in Ren

For 30 days
Minimum 0.0167677 REN
Maximum 0.0205513 REN
Weighted Average 0.01864384 REN
For 90 days
Minimum 0.01023215 REN
Maximum 0.0247994 REN
Weighted Average 0.01521145 REN
For 365 days
Minimum 0.01023215 REN
Maximum 0.0457898 REN
Weighted Average 0.01858974 REN

Change in the price of 5 MGA to REN in the last 30 days

For the last 30 days (04 24, 2024 — 05 23, 2024) price 5 Malagasy Ariary against Ren changed by 13.76% (0.0166535 REN — 0.01894515 REN)

Change in the price of 5 MGA to REN in the last 90 days

For the last 90 days (02 24, 2024 — 05 23, 2024) the price of 5 Malagasy Ariary against Ren changed by 25.4% (0.01510785 REN — 0.01894515 REN)

Change in the price of 5 MGA to REN in the last 365 days

For the last 365 days (05 25, 2023 — 05 23, 2024) the price of 5 Malagasy Ariary against Ren changed by 21.18% (0.01563345 REN — 0.01894515 REN)

Change in the price of 5 MGA to REN for the entire time

For all the time our site has been running (04 10, 2020 — 05 23, 2024) the price of 5 Malagasy Ariary against Ren changed by -22.21% (0.0243531 REN — 0.01894515 REN)

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Price prediction 5 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 5 Malagasy Ariary in Ren for the next 30 days*

24/05 0.01858592 REN ▼ -1.9 %
25/05 0.0190534 REN ▲ 2.52 %
26/05 0.01928462 REN ▲ 1.21 %
27/05 0.01958518 REN ▲ 1.56 %
28/05 0.01956946 REN ▼ -0.08 %
29/05 0.02076024 REN ▲ 6.08 %
30/05 0.02140637 REN ▲ 3.11 %
31/05 0.02177222 REN ▲ 1.71 %
01/06 0.02095328 REN ▼ -3.76 %
02/06 0.02033538 REN ▼ -2.95 %
03/06 0.02011527 REN ▼ -1.08 %
04/06 0.02009271 REN ▼ -0.11 %
05/06 0.01964297 REN ▼ -2.24 %
06/06 0.01998375 REN ▲ 1.73 %
07/06 0.02036487 REN ▲ 1.91 %
08/06 0.02018994 REN ▼ -0.86 %
09/06 0.02027673 REN ▲ 0.43 %
10/06 0.02095153 REN ▲ 3.33 %
11/06 0.02164618 REN ▲ 3.32 %
12/06 0.02214686 REN ▲ 2.31 %
13/06 0.02208406 REN ▼ -0.28 %
14/06 0.02147081 REN ▼ -2.78 %
15/06 0.02063133 REN ▼ -3.91 %
16/06 0.02007679 REN ▼ -2.69 %
17/06 0.01980453 REN ▼ -1.36 %
18/06 0.02012973 REN ▲ 1.64 %
19/06 0.0192645 REN ▼ -4.3 %
20/06 0.01767649 REN ▼ -8.24 %
21/06 0.01755292 REN ▼ -0.7 %
22/06 0.01745977 REN ▼ -0.53 %

* — The prediction of the price of 5 Malagasy Ariary in Ren is made by our specialists based on statistical data, global trends and major business news. Price prediction of 5 Malagasy Ariary in Ren for 30 days, 3 months and a year are made by different experts and may have slight differences.

Prediction of 5 Malagasy Ariary in Ren for the next 3 months*

27/05 — 02/06 0.01845518 REN ▼ -2.59 %
03/06 — 09/06 0.01938113 REN ▲ 5.02 %
10/06 — 16/06 0.01811424 REN ▼ -6.54 %
17/06 — 23/06 0.01739458 REN ▼ -3.97 %
24/06 — 30/06 0.01798446 REN ▲ 3.39 %
01/07 — 07/07 0.02887418 REN ▲ 60.55 %
08/07 — 14/07 0.02705602 REN ▼ -6.3 %
15/07 — 21/07 0.02926385 REN ▲ 8.16 %
22/07 — 28/07 0.02853093 REN ▼ -2.5 %
29/07 — 04/08 0.0343622 REN ▲ 20.44 %
05/08 — 11/08 0.02858629 REN ▼ -16.81 %
12/08 — 18/08 0.02625503 REN ▼ -8.16 %

Prediction of 5 Malagasy Ariary in Ren for the next year*

06/2024 0.01858814 REN ▼ -1.88 %
07/2024 0.02038998 REN ▲ 9.69 %
08/2024 0.02492822 REN ▲ 22.26 %
09/2024 0.02329097 REN ▼ -6.57 %
10/2024 0.02342026 REN ▲ 0.56 %
11/2024 0.01918382 REN ▼ -18.09 %
12/2024 0.0155195 REN ▼ -19.1 %
01/2025 0.02065261 REN ▲ 33.08 %
02/2025 0.01916455 REN ▼ -7.21 %
03/2025 0.01078695 REN ▼ -43.71 %
04/2025 0.01859058 REN ▲ 72.34 %
05/2025 0.01516075 REN ▼ -18.45 %

FAQ

What is the price 5 MGA in REN today, 05 23, 2024?

As of today, the price of 5 Malagasy Ariary to Ren is - 0.01894515 REN

What will be the price 5 MGA in REN tomorrow 2024.05.24?

For tomorrow 5 Malagasy Ariary to Ren exchange rate - 0 ren

What will be the price 5 MGA in REN in the next month?

Our analysts have made a detailed prediction price 5 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 5 MGA in REN in the next 3 months?

Our analysts have made a detailed prediction price 5 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 5 MGA in REN in the coming year?

Our analysts have made a detailed prediction price 5 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