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

Price 2 Rakon to Malagasy Ariary based on current data,
received from currency exchange exchanges as of 06 10, 2024, is 836.38 MGA.

How much is 2 RKN in MGA?

06 10, 2024
2 RKN = 836.38 MGA
▲ 0.4 %
2 MGA = 0.00478251 RKN
1 RKN = 418.19 MGA

Chart of History of price changes 2 RKN in MGA

Price statistics 2 Rakon in Malagasy Ariary

For 30 days
Minimum 405.28 MGA
Maximum 1,440 MGA
Weighted Average 858.03 MGA
For 90 days
Minimum 303.66 MGA
Maximum 2,234 MGA
Weighted Average 892.52 MGA
For 365 days
Minimum 303.66 MGA
Maximum 2,234 MGA
Weighted Average 1,250 MGA

Change in the price of 2 RKN to MGA in the last 30 days

For the last 30 days (05 12, 2024 — 06 10, 2024) price 2 Rakon against Malagasy Ariary changed by 8.19% (773.1 MGA — 836.38 MGA)

Change in the price of 2 RKN to MGA in the last 90 days

For the last 90 days (03 13, 2024 — 06 10, 2024) the price of 2 Rakon against Malagasy Ariary changed by -23.53% (1,094 MGA — 836.38 MGA)

Change in the price of 2 RKN to MGA in the last 365 days

For the last 365 days (06 12, 2023 — 06 10, 2024) the price of 2 Rakon against Malagasy Ariary changed by -46.85% (1,574 MGA — 836.38 MGA)

Change in the price of 2 RKN to MGA for the entire time

For all the time our site has been running (04 10, 2020 — 06 10, 2024) the price of 2 Rakon against Malagasy Ariary changed by 58.27% (528.45 MGA — 836.38 MGA)

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Price prediction 2 Rakon in Malagasy Ariary

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 2 Rakon in Malagasy Ariary for the next 30 days*

18/06 1,195 MGA ▲ 42.82 %
19/06 1,143 MGA ▼ -4.33 %
20/06 836.66 MGA ▼ -26.79 %
21/06 819.05 MGA ▼ -2.1 %
22/06 926.29 MGA ▲ 13.09 %
23/06 1,268 MGA ▲ 36.92 %
24/06 1,305 MGA ▲ 2.88 %
25/06 1,339 MGA ▲ 2.62 %
26/06 1,243 MGA ▼ -7.14 %
27/06 1,436 MGA ▲ 15.51 %
28/06 1,559 MGA ▲ 8.55 %
29/06 1,462 MGA ▼ -6.24 %
30/06 1,459 MGA ▼ -0.19 %
01/07 1,450 MGA ▼ -0.63 %
02/07 1,470 MGA ▲ 1.43 %
03/07 1,508 MGA ▲ 2.53 %
04/07 1,309 MGA ▼ -13.18 %
05/07 1,280 MGA ▼ -2.17 %
06/07 1,423 MGA ▲ 11.17 %
07/07 1,310 MGA ▼ -7.94 %
08/07 1,374 MGA ▲ 4.85 %
09/07 1,655 MGA ▲ 20.48 %
10/07 1,364 MGA ▼ -17.61 %
11/07 1,176 MGA ▼ -13.81 %
12/07 1,177 MGA ▲ 0.14 %
13/07 1,180 MGA ▲ 0.2 %
14/07 1,179 MGA ▼ -0.08 %
15/07 1,178 MGA ▼ -0.03 %
16/07 1,178 MGA ▼ -0 %
17/07 1,184 MGA ▲ 0.51 %

* — The prediction of the price of 2 Rakon in Malagasy Ariary is made by our specialists based on statistical data, global trends and major business news. Price prediction of 2 Rakon in Malagasy Ariary for 30 days, 3 months and a year are made by different experts and may have slight differences.

Prediction of 2 Rakon in Malagasy Ariary for the next 3 months*

24/06 — 30/06 1,224 MGA ▲ 46.34 %
01/07 — 07/07 777.75 MGA ▼ -36.46 %
08/07 — 14/07 692.6 MGA ▼ -10.95 %
15/07 — 21/07 507.87 MGA ▼ -26.67 %
22/07 — 28/07 494.81 MGA ▼ -2.57 %
29/07 — 04/08 496.24 MGA ▲ 0.29 %
05/08 — 11/08 450.16 MGA ▼ -9.29 %
12/08 — 18/08 554.21 MGA ▲ 23.12 %
19/08 — 25/08 593.29 MGA ▲ 7.05 %
26/08 — 01/09 758.7 MGA ▲ 27.88 %
02/09 — 08/09 719.96 MGA ▼ -5.11 %
09/09 — 15/09 657.24 MGA ▼ -8.71 %

Prediction of 2 Rakon in Malagasy Ariary for the next year*

07/2024 828.61 MGA ▼ -0.93 %
08/2024 700.55 MGA ▼ -15.45 %
09/2024 665.35 MGA ▼ -5.02 %
10/2024 674.3 MGA ▲ 1.35 %
11/2024 635.07 MGA ▼ -5.82 %
12/2024 622.63 MGA ▼ -1.96 %
01/2025 516.75 MGA ▼ -17.01 %
02/2025 370.05 MGA ▼ -28.39 %
03/2025 515.81 MGA ▲ 39.39 %
04/2025 180.18 MGA ▼ -65.07 %
05/2025 280.75 MGA ▲ 55.82 %
06/2025 240.86 MGA ▼ -14.21 %

FAQ

What is the price 2 RKN in MGA today, 06 10, 2024?

As of today, the price of 2 Rakon to Malagasy Ariary is - 836.38 MGA

What will be the price 2 RKN in MGA tomorrow 2024.06.18?

For tomorrow 2 Rakon to Malagasy Ariary exchange rate - 1,195 mga

What will be the price 2 RKN in MGA in the next month?

Our analysts have made a detailed prediction price 2 Rakon to Malagasy Ariary 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 2 RKN in MGA in the next 3 months?

Our analysts have made a detailed prediction price 2 Rakon to Malagasy Ariary 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 2 RKN in MGA in the coming year?

Our analysts have made a detailed prediction price 2 Rakon to Malagasy Ariary 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