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 17, 2024
1 DOP = 0.18116396 RKN
▼ -17.23 %

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 18, 2024 — 05 17, 2024) the Dominican Peso exchange rate against the Rakon currency changed by 8.72% (0.16662926 RKN — 0.18116396 RKN)

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

For the last 90 days (02 18, 2024 — 05 17, 2024) the Dominican Peso exchange rate against the Rakon currency changed by 30.82% (0.13848321 RKN — 0.18116396 RKN)

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

For the last 365 days (05 19, 2023 — 05 17, 2024) the Dominican Peso exchange rate against the Rakon currency changed by 82.55% (0.09923919 RKN — 0.18116396 RKN)

Change in the DOP/RKN exchange rate for all time

For all the time our site has been running (04 10, 2020 — 05 17, 2024) the Dominican Peso exchange rate against the Rakon currency changed by -30.55% (0.26084253 RKN — 0.18116396 RKN)

Dominican Peso/Rakon price prediction

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

18/05 0.11681767 RKN ▼ -35.52 %
19/05 0.13941229 RKN ▲ 19.34 %
20/05 0.15351545 RKN ▲ 10.12 %
21/05 0.19242551 RKN ▲ 25.35 %
22/05 0.22263063 RKN ▲ 15.7 %
23/05 0.22241532 RKN ▼ -0.1 %
24/05 0.22294995 RKN ▲ 0.24 %
25/05 0.12643408 RKN ▼ -43.29 %
26/05 0.05140966 RKN ▼ -59.34 %
27/05 0.05980264 RKN ▲ 16.33 %
28/05 0.0625287 RKN ▲ 4.56 %
29/05 0.06507813 RKN ▲ 4.08 %
30/05 0.06852298 RKN ▲ 5.29 %
31/05 0.07069186 RKN ▲ 3.17 %
01/06 0.0710468 RKN ▲ 0.5 %
02/06 0.0700338 RKN ▼ -1.43 %
03/06 0.08697559 RKN ▲ 24.19 %
04/06 0.06494105 RKN ▼ -25.33 %
05/06 0.0719867 RKN ▲ 10.85 %
06/06 0.0720583 RKN ▲ 0.1 %
07/06 0.07331253 RKN ▲ 1.74 %
08/06 0.06731899 RKN ▼ -8.18 %
09/06 0.08111136 RKN ▲ 20.49 %
10/06 0.07775234 RKN ▼ -4.14 %
11/06 0.04242359 RKN ▼ -45.44 %
12/06 0.0442787 RKN ▲ 4.37 %
13/06 0.06540043 RKN ▲ 47.7 %
14/06 0.06630473 RKN ▲ 1.38 %
15/06 0.05548171 RKN ▼ -16.32 %
16/06 0.04733946 RKN ▼ -14.68 %

* — 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 0.18151785 RKN ▲ 0.2 %
27/05 — 02/06 1.39468 RKN ▲ 668.34 %
03/06 — 09/06 1.192656 RKN ▼ -14.49 %
10/06 — 16/06 0.68424451 RKN ▼ -42.63 %
17/06 — 23/06 1.199604 RKN ▲ 75.32 %
24/06 — 30/06 1.423057 RKN ▲ 18.63 %
01/07 — 07/07 1.469309 RKN ▲ 3.25 %
08/07 — 14/07 1.339881 RKN ▼ -8.81 %
15/07 — 21/07 -0.02722173 RKN ▼ -102.03 %
22/07 — 28/07 -0.03034683 RKN ▲ 11.48 %
29/07 — 04/08 -0.02527621 RKN ▼ -16.71 %
05/08 — 11/08 -0.02607823 RKN ▲ 3.17 %

Dominican Peso/Rakon price prediction for the next year*

06/2024 0.17793768 RKN ▼ -1.78 %
07/2024 1.946193 RKN ▲ 993.75 %
08/2024 1.920466 RKN ▼ -1.32 %
09/2024 0.96341985 RKN ▼ -49.83 %
10/2024 0.39391936 RKN ▼ -59.11 %
11/2024 0.41164455 RKN ▲ 4.5 %
12/2024 0.42154321 RKN ▲ 2.4 %
01/2025 0.47921856 RKN ▲ 13.68 %
02/2025 0.48467948 RKN ▲ 1.14 %
03/2025 3.690454 RKN ▲ 661.42 %
04/2025 1.356201 RKN ▼ -63.25 %
05/2025 1.178826 RKN ▼ -13.08 %

Dominican Peso/Rakon exchange rate statistics

For 30 days
Minimum 0.17173008 RKN
Maximum 1.213667 RKN
Weighted Average 0.38451419 RKN
For 90 days
Minimum 0.08133399 RKN
Maximum 2.173578 RKN
Weighted Average 0.60541201 RKN
For 365 days
Minimum 0.08133399 RKN
Maximum 3.696499 RKN
Weighted Average 0.40232379 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