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

On this page, you can always find detailed information about the Dominican Peso currency exchange rate against the Rakon currency:
currency exchange rate history, background information, prediction and more about DOP/RKN

Chart of History of changes in the DOP/RKN exchange rate

DOP/RKN exchange rate on today

05 12, 2024
1 DOP = 0.2022793 RKN
▲ 3.02 %

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

Data on the currency pair DOP/RKN 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 DOP/RKN 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 Dominican Peso/Rakon, 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 DOP/RKN exchange rate over the past 30 days

For the last 30 days (04 13, 2024 — 05 12, 2024) the Dominican Peso exchange rate against the Rakon currency changed by -81.78% (1.11024 RKN — 0.2022793 RKN)

Change in the DOP/RKN exchange rate over the past 90 days

For the last 90 days (02 13, 2024 — 05 12, 2024) the Dominican Peso exchange rate against the Rakon currency changed by 48.25% (0.13644408 RKN — 0.2022793 RKN)

Change in the DOP/RKN exchange rate over the past 365 days

For the last 365 days (05 14, 2023 — 05 12, 2024) the Dominican Peso exchange rate against the Rakon currency changed by -94.46% (3.652669 RKN — 0.2022793 RKN)

Change in the DOP/RKN exchange rate for all time

For all the time our site has been running (04 10, 2020 — 05 12, 2024) the Dominican Peso exchange rate against the Rakon currency changed by -22.45% (0.26084253 RKN — 0.2022793 RKN)

Dominican Peso/Rakon price prediction

Dominican Peso/Rakon price prediction for the next 30 days*

14/05 0.17991868 RKN ▼ -11.05 %
15/05 0.18994364 RKN ▲ 5.57 %
16/05 0.22626204 RKN ▲ 19.12 %
17/05 0.14613651 RKN ▼ -35.41 %
18/05 0.13929242 RKN ▼ -4.68 %
19/05 0.07371558 RKN ▼ -47.08 %
20/05 0.10033362 RKN ▲ 36.11 %
21/05 0.11473364 RKN ▲ 14.35 %
22/05 0.13767088 RKN ▲ 19.99 %
23/05 0.15681213 RKN ▲ 13.9 %
24/05 0.15671712 RKN ▼ -0.06 %
25/05 0.15711367 RKN ▲ 0.25 %
26/05 0.10274296 RKN ▼ -34.61 %
27/05 0.02529771 RKN ▼ -75.38 %
28/05 0.02939094 RKN ▲ 16.18 %
29/05 0.03089874 RKN ▲ 5.13 %
30/05 0.032161 RKN ▲ 4.09 %
31/05 0.03382232 RKN ▲ 5.17 %
01/06 0.03513048 RKN ▲ 3.87 %
02/06 0.03538627 RKN ▲ 0.73 %
03/06 0.0350244 RKN ▼ -1.02 %
04/06 0.0415243 RKN ▲ 18.56 %
05/06 0.03350908 RKN ▼ -19.3 %
06/06 0.03711705 RKN ▲ 10.77 %
07/06 0.03716913 RKN ▲ 0.14 %
08/06 0.03792242 RKN ▲ 2.03 %
09/06 0.03373385 RKN ▼ -11.05 %
10/06 0.04526239 RKN ▲ 34.17 %
11/06 0.04225338 RKN ▼ -6.65 %
12/06 0.03187154 RKN ▼ -24.57 %

* — Price prediction of the Dominican Peso/Rakon 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.

Dominican Peso/Rakon price prediction for the next 3 months*

20/05 — 26/05 0.18646799 RKN ▼ -7.82 %
27/05 — 02/06 0.23519945 RKN ▲ 26.13 %
03/06 — 09/06 1.725765 RKN ▲ 633.75 %
10/06 — 16/06 1.383774 RKN ▼ -19.82 %
17/06 — 23/06 0.45237248 RKN ▼ -67.31 %
24/06 — 30/06 0.71546165 RKN ▲ 58.16 %
01/07 — 07/07 0.86864631 RKN ▲ 21.41 %
08/07 — 14/07 0.90954564 RKN ▲ 4.71 %
15/07 — 21/07 0.81106794 RKN ▼ -10.83 %
22/07 — 28/07 0.35385876 RKN ▼ -56.37 %
29/07 — 04/08 0.38940071 RKN ▲ 10.04 %
05/08 — 11/08 0.30833054 RKN ▼ -20.82 %

Dominican Peso/Rakon price prediction for the next year*

06/2024 0.19776239 RKN ▼ -2.23 %
07/2024 1.644803 RKN ▲ 731.71 %
08/2024 1.616923 RKN ▼ -1.7 %
09/2024 1.058884 RKN ▼ -34.51 %
10/2024 -0.02663128 RKN ▼ -102.52 %
11/2024 -0.02848307 RKN ▲ 6.95 %
12/2024 -0.02934979 RKN ▲ 3.04 %
01/2025 -0.03215936 RKN ▲ 9.57 %
02/2025 -0.03249021 RKN ▲ 1.03 %
03/2025 -0.17313363 RKN ▲ 432.88 %
04/2025 -0.05376789 RKN ▼ -68.94 %
05/2025 -0.03648924 RKN ▼ -32.14 %

Dominican Peso/Rakon exchange rate statistics

For 30 days
Minimum 0.17173008 RKN
Maximum 1.273557 RKN
Weighted Average 0.48501761 RKN
For 90 days
Minimum 0.08133399 RKN
Maximum 2.173578 RKN
Weighted Average 0.59909674 RKN
For 365 days
Minimum 0.08133399 RKN
Maximum 3.696499 RKN
Weighted Average 0.41231381 RKN

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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