Currency exchange rate Nakfa against the BYR. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Nakfa currency exchange rate against the BYR currency:
currency exchange rate history, background information, prediction and more about ERN/BYR
Chart of History of changes in the ERN/BYR exchange rate
ERN/BYR exchange rate on today
05 10, 2024
1 ERN = 96,378 BYR
▲ 0.74 %
This page provides information about the currency pair Nakfa/BYR, and more precisely about how much 1 Nakfa costs in BYR.
Data on the currency pair ERN/BYR 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 ERN/BYR 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 Nakfa/BYR, 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:
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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.
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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.
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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.
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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 ERN/BYR exchange rate over the past 30 days
For the last 30 days (04 11, 2024 — 05 10, 2024) the Nakfa exchange rate against the BYR currency changed by -25.61% (129,566 BYR — 96,378 BYR)
Change in the ERN/BYR exchange rate over the past 90 days
For the last 90 days (02 11, 2024 — 05 10, 2024) the Nakfa exchange rate against the BYR currency changed by 118.63% (44,083 BYR — 96,378 BYR)
Change in the ERN/BYR exchange rate over the past 365 days
For the last 365 days (05 12, 2023 — 05 10, 2024) the Nakfa exchange rate against the BYR currency changed by 183.57% (33,988 BYR — 96,378 BYR)
Change in the ERN/BYR exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 10, 2024) the Nakfa exchange rate against the BYR currency changed by 7275.84% (1,307 BYR — 96,378 BYR)
Nakfa/BYR price prediction
Nakfa/BYR price prediction for the next 30 days*
11/05 | 96,255 BYR | ▼ -0.13 % |
12/05 | 89,888 BYR | ▼ -6.61 % |
13/05 | 73,324 BYR | ▼ -18.43 % |
14/05 | 70,460 BYR | ▼ -3.91 % |
15/05 | 71,609 BYR | ▲ 1.63 % |
16/05 | 70,977 BYR | ▼ -0.88 % |
17/05 | 70,572 BYR | ▼ -0.57 % |
18/05 | 67,200 BYR | ▼ -4.78 % |
19/05 | 68,073 BYR | ▲ 1.3 % |
20/05 | 72,400 BYR | ▲ 6.36 % |
21/05 | 75,525 BYR | ▲ 4.32 % |
22/05 | 78,980 BYR | ▲ 4.57 % |
23/05 | 75,979 BYR | ▼ -3.8 % |
24/05 | 73,875 BYR | ▼ -2.77 % |
25/05 | 72,645 BYR | ▼ -1.66 % |
26/05 | 73,053 BYR | ▲ 0.56 % |
27/05 | 69,746 BYR | ▼ -4.53 % |
28/05 | 66,666 BYR | ▼ -4.42 % |
29/05 | 64,163 BYR | ▼ -3.75 % |
30/05 | 60,735 BYR | ▼ -5.34 % |
31/05 | 54,927 BYR | ▼ -9.56 % |
01/06 | 56,855 BYR | ▲ 3.51 % |
02/06 | 60,597 BYR | ▲ 6.58 % |
03/06 | 61,323 BYR | ▲ 1.2 % |
04/06 | 65,015 BYR | ▲ 6.02 % |
05/06 | 67,810 BYR | ▲ 4.3 % |
06/06 | 81,457 BYR | ▲ 20.13 % |
07/06 | 79,957 BYR | ▼ -1.84 % |
08/06 | 74,933 BYR | ▼ -6.28 % |
09/06 | 100,466 BYR | ▲ 34.08 % |
* — Price prediction of the Nakfa/BYR 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.
Nakfa/BYR price prediction for the next 3 months*
13/05 — 19/05 | 97,669 BYR | ▲ 1.34 % |
20/05 — 26/05 | 139,877 BYR | ▲ 43.22 % |
27/05 — 02/06 | 180,241 BYR | ▲ 28.86 % |
03/06 — 09/06 | 255,271 BYR | ▲ 41.63 % |
10/06 — 16/06 | 262,223 BYR | ▲ 2.72 % |
17/06 — 23/06 | 236,102 BYR | ▼ -9.96 % |
24/06 — 30/06 | 257,367 BYR | ▲ 9.01 % |
01/07 — 07/07 | 187,202 BYR | ▼ -27.26 % |
08/07 — 14/07 | 205,926 BYR | ▲ 10 % |
15/07 — 21/07 | 177,623 BYR | ▼ -13.74 % |
22/07 — 28/07 | 193,632 BYR | ▲ 9.01 % |
29/07 — 04/08 | 303,631 BYR | ▲ 56.81 % |
Nakfa/BYR price prediction for the next year*
06/2024 | 98,681 BYR | ▲ 2.39 % |
07/2024 | 112,927 BYR | ▲ 14.44 % |
08/2024 | 84,739 BYR | ▼ -24.96 % |
09/2024 | 97,450 BYR | ▲ 15 % |
10/2024 | 98,891 BYR | ▲ 1.48 % |
11/2024 | 111,045 BYR | ▲ 12.29 % |
12/2024 | 129,464 BYR | ▲ 16.59 % |
01/2025 | 112,596 BYR | ▼ -13.03 % |
02/2025 | 164,389 BYR | ▲ 46 % |
03/2025 | 397,376 BYR | ▲ 141.73 % |
04/2025 | 167,962 BYR | ▼ -57.73 % |
05/2025 | 306,566 BYR | ▲ 82.52 % |
Nakfa/BYR exchange rate statistics
For 30 days | |
---|---|
Minimum | 1,307 BYR |
Maximum | 130,449 BYR |
Weighted Average | 70,073 BYR |
For 90 days | |
Minimum | 1,307 BYR |
Maximum | 155,845 BYR |
Weighted Average | 71,101 BYR |
For 365 days | |
Minimum | 1,307 BYR |
Maximum | 155,845 BYR |
Weighted Average | 36,883 BYR |
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