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

Price 5 Rakon to Malagasy Ariary based on current data,
received from currency exchange exchanges as of 06 10, 2024, is 2,091 MGA.

How much is 5 RKN in MGA?

06 10, 2024
5 RKN = 2,091 MGA
▲ 0.4 %
5 MGA = 0.01195626 RKN
1 RKN = 418.19 MGA

Chart of History of price changes 5 RKN in MGA

Price statistics 5 Rakon in Malagasy Ariary

For 30 days
Minimum 1,013 MGA
Maximum 3,600 MGA
Weighted Average 2,145 MGA
For 90 days
Minimum 759.15 MGA
Maximum 5,585 MGA
Weighted Average 2,231 MGA
For 365 days
Minimum 759.15 MGA
Maximum 5,585 MGA
Weighted Average 3,126 MGA

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

For the last 30 days (05 12, 2024 — 06 10, 2024) price 5 Rakon against Malagasy Ariary changed by 8.19% (1,933 MGA — 2,091 MGA)

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

For the last 90 days (03 13, 2024 — 06 10, 2024) the price of 5 Rakon against Malagasy Ariary changed by -23.53% (2,734 MGA — 2,091 MGA)

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

For the last 365 days (06 12, 2023 — 06 10, 2024) the price of 5 Rakon against Malagasy Ariary changed by -46.85% (3,934 MGA — 2,091 MGA)

Change in the price of 5 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 5 Rakon against Malagasy Ariary changed by 58.27% (1,321 MGA — 2,091 MGA)

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

26/06 2,792 MGA ▲ 33.5 %
27/06 2,629 MGA ▼ -5.81 %
28/06 1,779 MGA ▼ -32.36 %
29/06 1,734 MGA ▼ -2.49 %
30/06 1,974 MGA ▲ 13.82 %
01/07 2,488 MGA ▲ 26.01 %
02/07 2,562 MGA ▲ 2.99 %
03/07 2,669 MGA ▲ 4.19 %
04/07 2,502 MGA ▼ -6.26 %
05/07 2,969 MGA ▲ 18.66 %
06/07 3,184 MGA ▲ 7.22 %
07/07 2,990 MGA ▼ -6.07 %
08/07 2,985 MGA ▼ -0.16 %
09/07 2,967 MGA ▼ -0.61 %
10/07 3,014 MGA ▲ 1.59 %
11/07 3,097 MGA ▲ 2.74 %
12/07 2,661 MGA ▼ -14.08 %
13/07 2,599 MGA ▼ -2.31 %
14/07 3,015 MGA ▲ 15.99 %
15/07 2,739 MGA ▼ -9.15 %
16/07 2,859 MGA ▲ 4.37 %
17/07 3,382 MGA ▲ 18.29 %
18/07 2,648 MGA ▼ -21.7 %
19/07 2,291 MGA ▼ -13.48 %
20/07 2,295 MGA ▲ 0.16 %
21/07 2,299 MGA ▲ 0.18 %
22/07 2,297 MGA ▼ -0.09 %
23/07 2,296 MGA ▼ -0.05 %
24/07 2,296 MGA ▼ -0 %
25/07 2,307 MGA ▲ 0.48 %

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

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

01/07 — 07/07 3,049 MGA ▲ 45.81 %
08/07 — 14/07 1,363 MGA ▼ -55.29 %
15/07 — 21/07 1,152 MGA ▼ -15.51 %
22/07 — 28/07 597.94 MGA ▼ -48.09 %
29/07 — 04/08 576.22 MGA ▼ -3.63 %
05/08 — 11/08 578 MGA ▲ 0.31 %
12/08 — 18/08 534.74 MGA ▼ -7.48 %
19/08 — 25/08 665.75 MGA ▲ 24.5 %
26/08 — 01/09 731.22 MGA ▲ 9.83 %
02/09 — 08/09 950.25 MGA ▲ 29.95 %
09/09 — 15/09 903.42 MGA ▼ -4.93 %
16/09 — 22/09 825.6 MGA ▼ -8.61 %

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

07/2024 2,068 MGA ▼ -1.1 %
08/2024 1,789 MGA ▼ -13.48 %
09/2024 1,698 MGA ▼ -5.13 %
10/2024 1,711 MGA ▲ 0.8 %
11/2024 1,622 MGA ▼ -5.19 %
12/2024 1,580 MGA ▼ -2.63 %
01/2025 1,378 MGA ▼ -12.79 %
02/2025 1,004 MGA ▼ -27.14 %
03/2025 1,575 MGA ▲ 56.92 %
04/2025 750.01 MGA ▼ -52.38 %
05/2025 1,138 MGA ▲ 51.78 %
06/2025 995.76 MGA ▼ -12.53 %

FAQ

What is the price 5 RKN in MGA today, 06 10, 2024?

As of today, the price of 5 Rakon to Malagasy Ariary is - 2,091 MGA

What will be the price 5 RKN in MGA tomorrow 2024.06.26?

For tomorrow 5 Rakon to Malagasy Ariary exchange rate - 2,792 mga

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

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

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

Our analysts have made a detailed prediction price 5 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