Currency exchange rate Argentine Peso against the Magi. Chart, history price and prediction on tomorrow, next month, 2024 year

On this page, you can always find detailed information about the Argentine Peso currency exchange rate against the Magi currency:
currency exchange rate history, background information, prediction and more about ARS/XMG

Chart of History of changes in the ARS/XMG exchange rate

ARS/XMG exchange rate on today

06 15, 2020
1 ARS = 0.74229635 XMG
▲ 0.12 %

This page provides information about the currency pair Argentine Peso/Magi, and more precisely about how much 1 Argentine Peso costs in Magi.

Data on the currency pair ARS/XMG are presented by the world's leading exchanges and Central banks of the countries that issue these currencies. We constantly update this data so that you get only the most up-to-date information about the currency pair ARS/XMG and make a balanced decision about buying and selling the currency you are interested in.

The page also provides information about the dynamics of the exchange rate of Argentine Peso/Magi, statistics and prediction of the exchange rate of these currencies in the near future from our experts.

How to make a forecast for currencies and cryptocurrencies?

There are several approaches to forecasting the exchange rate of currencies and cryptocurrencies:

  1. Fundamental analysis: This approach involves analyzing economic and financial data to determine the intrinsic value of a currency or cryptocurrency. This can include factors such as interest rates, inflation rates, economic growth, political stability, and fiscal policy. Based on this analysis, investors can make predictions about the future exchange rate.

  2. Technical analysis: This approach involves analyzing past market data, such as price and volume, to identify patterns and trends that can be used to predict future market movements. Technical analysis can be used to identify support and resistance levels, momentum indicators, and other factors that can influence the exchange rate.

  3. Sentiment analysis: This approach involves analyzing market sentiment and investor behavior to predict future market movements. Sentiment analysis can include monitoring social media, news articles, and other sources of market sentiment to gauge investor sentiment and predict market movements.

  4. Machine learning: This approach involves using statistical models and machine learning algorithms to analyze vast amounts of market data and make predictions about future market movements. Machine learning can be used to identify patterns and relationships in market data that might not be visible to the human eye.

In summary, there are several approaches to forecasting the exchange rate of currencies and cryptocurrencies, including fundamental analysis, technical analysis, sentiment analysis, and machine learning. Each approach has its strengths and weaknesses, and investors may use a combination of approaches to make more accurate predictions about future market movements.

Change in the ARS/XMG exchange rate over the past 30 days

For the last 30 days (05 17, 2020 — 06 15, 2020) the Argentine Peso exchange rate against the Magi currency changed by -11.11% (0.83502765 XMG — 0.74229635 XMG)

Change in the ARS/XMG exchange rate over the past 90 days

For the last 90 days (04 10, 2020 — 06 15, 2020) the Argentine Peso exchange rate against the Magi currency changed by -32.12% (1.093558 XMG — 0.74229635 XMG)

Change in the ARS/XMG exchange rate over the past 365 days

For the last 365 days (04 10, 2020 — 06 15, 2020) the Argentine Peso exchange rate against the Magi currency changed by -32.12% (1.093558 XMG — 0.74229635 XMG)

Change in the ARS/XMG exchange rate for all time

For all the time our site has been running (04 10, 2020 — 06 15, 2020) the Argentine Peso exchange rate against the Magi currency changed by -32.12% (1.093558 XMG — 0.74229635 XMG)

Argentine Peso/Magi price prediction

Argentine Peso/Magi price prediction for the next 30 days*

24/05 0.74224511 XMG ▼ -0.01 %
25/05 0.71756029 XMG ▼ -3.33 %
26/05 0.69213554 XMG ▼ -3.54 %
27/05 0.69128476 XMG ▼ -0.12 %
28/05 0.69076362 XMG ▼ -0.08 %
29/05 0.68966297 XMG ▼ -0.16 %
30/05 0.68910839 XMG ▼ -0.08 %
31/05 0.68883154 XMG ▼ -0.04 %
01/06 0.6893313 XMG ▲ 0.07 %
02/06 0.68853366 XMG ▼ -0.12 %
03/06 0.6450415 XMG ▼ -6.32 %
04/06 0.69498445 XMG ▲ 7.74 %
05/06 0.68241973 XMG ▼ -1.81 %
06/06 0.68100386 XMG ▼ -0.21 %
07/06 0.68123166 XMG ▲ 0.03 %
08/06 0.68426418 XMG ▲ 0.45 %
09/06 0.66004068 XMG ▼ -3.54 %
10/06 0.67506912 XMG ▲ 2.28 %
11/06 0.67438032 XMG ▼ -0.1 %
12/06 0.6734284 XMG ▼ -0.14 %
13/06 0.67325545 XMG ▼ -0.03 %
14/06 0.67358963 XMG ▲ 0.05 %
15/06 0.66654121 XMG ▼ -1.05 %
16/06 0.65505949 XMG ▼ -1.72 %
17/06 0.65796479 XMG ▲ 0.44 %
18/06 0.65516392 XMG ▼ -0.43 %
19/06 0.65448939 XMG ▼ -0.1 %
20/06 0.65411756 XMG ▼ -0.06 %
21/06 0.65380876 XMG ▼ -0.05 %
22/06 0.65394468 XMG ▲ 0.02 %

* — Price prediction of the Argentine Peso/Magi currency pair are compiled by our specialists based on statistical data, global trends and major business news. Price prediction for 30 days, 3 months, and a year are made by different experts and may have slight differences.

Argentine Peso/Magi price prediction for the next 3 months*

27/05 — 02/06 0.75218559 XMG ▲ 1.33 %
03/06 — 09/06 0.708546 XMG ▼ -5.8 %
10/06 — 16/06 0.64957866 XMG ▼ -8.32 %
17/06 — 23/06 0.49756579 XMG ▼ -23.4 %
24/06 — 30/06 0.47238414 XMG ▼ -5.06 %
01/07 — 07/07 0.49939623 XMG ▲ 5.72 %
08/07 — 14/07 0.47561682 XMG ▼ -4.76 %
15/07 — 21/07 0.47560466 XMG ▼ -0 %
22/07 — 28/07 0.4720847 XMG ▼ -0.74 %
29/07 — 04/08 0.46239394 XMG ▼ -2.05 %

Argentine Peso/Magi price prediction for the next year*

06/2024 0.62430021 XMG ▼ -15.9 %
07/2024 0.49867505 XMG ▼ -20.12 %
08/2024 0.49032275 XMG ▼ -1.67 %

Argentine Peso/Magi exchange rate statistics

For 30 days
Minimum 0.73912451 XMG
Maximum 0.83514707 XMG
Weighted Average 0.75664415 XMG
For 90 days
Minimum 0.73912451 XMG
Maximum 1.111373 XMG
Weighted Average 0.84903523 XMG
For 365 days
Minimum 0.73912451 XMG
Maximum 1.111373 XMG
Weighted Average 0.84903523 XMG

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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