5,000 Ren to Malaysian Ringgit. Chart, history price and prediction on tomorrow, next month, 2024 year

Price 5,000 Ren to Malaysian Ringgit based on current data,
received from currency exchange exchanges as of 06 08, 2024, is 1,470 MYR.

How much is 5,000 REN in MYR?

06 08, 2024
5,000 REN = 1,470 MYR
▼ -4.17 %
5,000 MYR = 17,003 REN
1 REN = 0.29 MYR

Chart of History of price changes 5,000 REN in MYR

Price statistics 5,000 Ren in Malaysian Ringgit

For 30 days
Minimum 1,238 MYR
Maximum 1,931 MYR
Weighted Average 1,554 MYR
For 90 days
Minimum 1,238 MYR
Maximum 2,708 MYR
Weighted Average 1,789 MYR
For 365 days
Minimum 961.6 MYR
Maximum 2,708 MYR
Weighted Average 1,469 MYR

Change in the price of 5,000 REN to MYR in the last 30 days

For the last 30 days (05 10, 2024 — 06 08, 2024) price 5,000 Ren against Malaysian Ringgit changed by 1.01% (1,456 MYR — 1,470 MYR)

Change in the price of 5,000 REN to MYR in the last 90 days

For the last 90 days (03 11, 2024 — 06 08, 2024) the price of 5,000 Ren against Malaysian Ringgit changed by -30.98% (2,130 MYR — 1,470 MYR)

Change in the price of 5,000 REN to MYR in the last 365 days

For the last 365 days (06 10, 2023 — 06 08, 2024) the price of 5,000 Ren against Malaysian Ringgit changed by -13.58% (1,701 MYR — 1,470 MYR)

Change in the price of 5,000 REN to MYR for the entire time

For all the time our site has been running (02 19, 2018 — 06 08, 2024) the price of 5,000 Ren against Malaysian Ringgit changed by -23.59% (1,924 MYR — 1,470 MYR)

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Price prediction 5,000 Ren in Malaysian Ringgit

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 5,000 Ren in Malaysian Ringgit for the next 30 days*

09/06 1,474 MYR ▲ 0.22 %
10/06 1,386 MYR ▼ -5.97 %
11/06 1,346 MYR ▼ -2.88 %
12/06 1,311 MYR ▼ -2.6 %
13/06 1,307 MYR ▼ -0.31 %
14/06 1,334 MYR ▲ 2.06 %
15/06 1,369 MYR ▲ 2.66 %
16/06 1,400 MYR ▲ 2.23 %
17/06 1,423 MYR ▲ 1.69 %
18/06 1,410 MYR ▼ -0.91 %
19/06 1,494 MYR ▲ 5.92 %
20/06 1,648 MYR ▲ 10.29 %
21/06 1,662 MYR ▲ 0.86 %
22/06 1,548 MYR ▼ -6.84 %
23/06 1,619 MYR ▲ 4.6 %
24/06 1,904 MYR ▲ 17.56 %
25/06 1,834 MYR ▼ -3.66 %
26/06 1,829 MYR ▼ -0.25 %
27/06 1,842 MYR ▲ 0.67 %
28/06 1,860 MYR ▲ 0.99 %
29/06 1,824 MYR ▼ -1.9 %
30/06 1,750 MYR ▼ -4.08 %
01/07 1,732 MYR ▼ -1.01 %
02/07 1,786 MYR ▲ 3.08 %
03/07 1,811 MYR ▲ 1.41 %
04/07 1,800 MYR ▼ -0.59 %
05/07 1,892 MYR ▲ 5.07 %
06/07 1,962 MYR ▲ 3.73 %
07/07 1,724 MYR ▼ -12.12 %
08/07 1,658 MYR ▼ -3.85 %

* — The prediction of the price of 5,000 Ren in Malaysian Ringgit is made by our specialists based on statistical data, global trends and major business news. Price prediction of 5,000 Ren in Malaysian Ringgit for 30 days, 3 months and a year are made by different experts and may have slight differences.

Prediction of 5,000 Ren in Malaysian Ringgit for the next 3 months*

10/06 — 16/06 1,608 MYR ▲ 9.39 %
17/06 — 23/06 1,697 MYR ▲ 5.52 %
24/06 — 30/06 1,663 MYR ▼ -2 %
01/07 — 07/07 1,111 MYR ▼ -33.19 %
08/07 — 14/07 1,171 MYR ▲ 5.36 %
15/07 — 21/07 1,091 MYR ▼ -6.83 %
22/07 — 28/07 1,116 MYR ▲ 2.3 %
29/07 — 04/08 1,002 MYR ▼ -10.19 %
05/08 — 11/08 1,111 MYR ▲ 10.91 %
12/08 — 18/08 1,320 MYR ▲ 18.74 %
19/08 — 25/08 1,316 MYR ▼ -0.32 %
26/08 — 01/09 1,236 MYR ▼ -6.07 %

Prediction of 5,000 Ren in Malaysian Ringgit for the next year*

07/2024 1,460 MYR ▼ -0.71 %
08/2024 1,103 MYR ▼ -24.43 %
09/2024 1,167 MYR ▲ 5.79 %
10/2024 1,195 MYR ▲ 2.37 %
11/2024 1,502 MYR ▲ 25.67 %
12/2024 1,868 MYR ▲ 24.43 %
01/2025 1,524 MYR ▼ -18.4 %
02/2025 2,342 MYR ▲ 53.63 %
03/2025 2,840 MYR ▲ 21.27 %
04/2025 1,315 MYR ▼ -53.69 %
05/2025 1,605 MYR ▲ 22.02 %
06/2025 1,534 MYR ▼ -4.43 %

FAQ

What is the price 5,000 REN in MYR today, 06 08, 2024?

As of today, the price of 5,000 Ren to Malaysian Ringgit is - 1,470 MYR

What will be the price 5,000 REN in MYR tomorrow 2024.06.09?

For tomorrow 5,000 Ren to Malaysian Ringgit exchange rate - 1,474 myr

What will be the price 5,000 REN in MYR in the next month?

Our analysts have made a detailed prediction price 5,000 Ren to Malaysian Ringgit 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 5,000 REN in MYR in the next 3 months?

Our analysts have made a detailed prediction price 5,000 Ren to Malaysian Ringgit 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 5,000 REN in MYR in the coming year?

Our analysts have made a detailed prediction price 5,000 Ren to Malaysian Ringgit 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