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

Price 5 Rakon to Kyat based on current data,
received from currency exchange exchanges as of 05 25, 2024, is 1,142 MMK.

How much is 5 RKN in MMK?

05 25, 2024
5 RKN = 1,142 MMK
▲ 0.55 %
5 MMK = 0.02188388 RKN
1 RKN = 228.48 MMK

Chart of History of price changes 5 RKN in MMK

Price statistics 5 Rakon in Kyat

For 30 days
Minimum 361.1 MMK
Maximum 1,260 MMK
Weighted Average 833.98 MMK
For 90 days
Minimum 361.1 MMK
Maximum 2,667 MMK
Weighted Average 1,090 MMK
For 365 days
Minimum 361.1 MMK
Maximum 2,667 MMK
Weighted Average 1,498 MMK

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

For the last 30 days (04 26, 2024 — 05 25, 2024) price 5 Rakon against Kyat changed by 14.93% (993.95 MMK — 1,142 MMK)

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

For the last 90 days (02 26, 2024 — 05 25, 2024) the price of 5 Rakon against Kyat changed by -22.55% (1,475 MMK — 1,142 MMK)

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

For the last 365 days (05 27, 2023 — 05 25, 2024) the price of 5 Rakon against Kyat changed by -41.55% (1,955 MMK — 1,142 MMK)

Change in the price of 5 RKN to MMK for the entire time

For all the time our site has been running (04 10, 2020 — 05 25, 2024) the price of 5 Rakon against Kyat changed by 128.9% (499.08 MMK — 1,142 MMK)

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Price prediction 5 Rakon in Kyat

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 Kyat for the next 30 days*

26/05 1,230 MMK ▲ 7.69 %
27/05 1,107 MMK ▼ -10 %
28/05 1,061 MMK ▼ -4.13 %
29/05 1,035 MMK ▼ -2.45 %
30/05 991.43 MMK ▼ -4.25 %
31/05 952.63 MMK ▼ -3.91 %
01/06 949.71 MMK ▼ -0.31 %
02/06 961.54 MMK ▲ 1.25 %
03/06 926.9 MMK ▼ -3.6 %
04/06 1,001 MMK ▲ 7.96 %
05/06 912.87 MMK ▼ -8.78 %
06/06 911.77 MMK ▼ -0.12 %
07/06 887.86 MMK ▼ -2.62 %
08/06 970.52 MMK ▲ 9.31 %
09/06 795.14 MMK ▼ -18.07 %
10/06 895.04 MMK ▲ 12.56 %
11/06 1,222 MMK ▲ 36.56 %
12/06 1,169 MMK ▼ -4.36 %
13/06 795.68 MMK ▼ -31.94 %
14/06 773.13 MMK ▼ -2.83 %
15/06 927.6 MMK ▲ 19.98 %
16/06 1,224 MMK ▲ 31.92 %
17/06 1,260 MMK ▲ 2.95 %
18/06 1,304 MMK ▲ 3.54 %
19/06 1,241 MMK ▼ -4.88 %
20/06 1,429 MMK ▲ 15.21 %
21/06 1,565 MMK ▲ 9.49 %
22/06 1,511 MMK ▼ -3.43 %
23/06 1,510 MMK ▼ -0.11 %
24/06 1,492 MMK ▼ -1.18 %

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

Prediction of 5 Rakon in Kyat for the next 3 months*

27/05 — 02/06 1,069 MMK ▼ -6.41 %
03/06 — 09/06 908.05 MMK ▼ -15.07 %
10/06 — 16/06 2,186 MMK ▲ 140.78 %
17/06 — 23/06 1,480 MMK ▼ -32.32 %
24/06 — 30/06 1,234 MMK ▼ -16.59 %
01/07 — 07/07 823.92 MMK ▼ -33.24 %
08/07 — 14/07 793.75 MMK ▼ -3.66 %
15/07 — 21/07 790.02 MMK ▼ -0.47 %
22/07 — 28/07 728.22 MMK ▼ -7.82 %
29/07 — 04/08 905.73 MMK ▲ 24.37 %
05/08 — 11/08 962.58 MMK ▲ 6.28 %
12/08 — 18/08 1,160 MMK ▲ 20.46 %

Prediction of 5 Rakon in Kyat for the next year*

06/2024 1,157 MMK ▲ 1.27 %
07/2024 1,104 MMK ▼ -4.62 %
08/2024 902.16 MMK ▼ -18.25 %
09/2024 844.76 MMK ▼ -6.36 %
10/2024 858.24 MMK ▲ 1.6 %
11/2024 801.69 MMK ▼ -6.59 %
12/2024 773.48 MMK ▼ -3.52 %
01/2025 691.9 MMK ▼ -10.55 %
02/2025 692.24 MMK ▲ 0.05 %
03/2025 769.43 MMK ▲ 11.15 %
04/2025 282.28 MMK ▼ -63.31 %
05/2025 426.02 MMK ▲ 50.92 %

FAQ

What is the price 5 RKN in MMK today, 05 25, 2024?

As of today, the price of 5 Rakon to Kyat is - 1,142 MMK

What will be the price 5 RKN in MMK tomorrow 2024.05.26?

For tomorrow 5 Rakon to Kyat exchange rate - 1,230 mmk

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

Our analysts have made a detailed prediction price 5 Rakon to Kyat 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 MMK in the next 3 months?

Our analysts have made a detailed prediction price 5 Rakon to Kyat 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 MMK in the coming year?

Our analysts have made a detailed prediction price 5 Rakon to Kyat 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