Currency exchange rate Nakfa against the aelf. 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 aelf currency:
currency exchange rate history, background information, prediction and more about ERN/ELF
Chart of History of changes in the ERN/ELF exchange rate
ERN/ELF exchange rate on today
05 17, 2024
1 ERN = 8.597344 ELF
▼ -1.03 %
This page provides information about the currency pair Nakfa/aelf, and more precisely about how much 1 Nakfa costs in aelf.
Data on the currency pair ERN/ELF 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/ELF 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/aelf, 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/ELF exchange rate over the past 30 days
For the last 30 days (04 18, 2024 — 05 17, 2024) the Nakfa exchange rate against the aelf currency changed by 7.05% (8.031335 ELF — 8.597344 ELF)
Change in the ERN/ELF exchange rate over the past 90 days
For the last 90 days (02 18, 2024 — 05 17, 2024) the Nakfa exchange rate against the aelf currency changed by 123.56% (3.845568 ELF — 8.597344 ELF)
Change in the ERN/ELF exchange rate over the past 365 days
For the last 365 days (05 19, 2023 — 05 17, 2024) the Nakfa exchange rate against the aelf currency changed by 28.63% (6.683876 ELF — 8.597344 ELF)
Change in the ERN/ELF exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 17, 2024) the Nakfa exchange rate against the aelf currency changed by 756.16% (1.00417 ELF — 8.597344 ELF)
Nakfa/aelf price prediction
Nakfa/aelf price prediction for the next 30 days*
18/05 | 8.277285 ELF | ▼ -3.72 % |
19/05 | 8.263441 ELF | ▼ -0.17 % |
20/05 | 8.451832 ELF | ▲ 2.28 % |
21/05 | 8.786553 ELF | ▲ 3.96 % |
22/05 | 9.300275 ELF | ▲ 5.85 % |
23/05 | 8.574755 ELF | ▼ -7.8 % |
24/05 | 8.21531 ELF | ▼ -4.19 % |
25/05 | 8.109019 ELF | ▼ -1.29 % |
26/05 | 8.047795 ELF | ▼ -0.76 % |
27/05 | 6.985116 ELF | ▼ -13.2 % |
28/05 | 6.768373 ELF | ▼ -3.1 % |
29/05 | 6.768334 ELF | ▼ -0 % |
30/05 | 6.144204 ELF | ▼ -9.22 % |
31/05 | 6.477134 ELF | ▲ 5.42 % |
01/06 | 6.509529 ELF | ▲ 0.5 % |
02/06 | 6.880655 ELF | ▲ 5.7 % |
03/06 | 6.83914 ELF | ▼ -0.6 % |
04/06 | 7.449269 ELF | ▲ 8.92 % |
05/06 | 7.85896 ELF | ▲ 5.5 % |
06/06 | 9.271288 ELF | ▲ 17.97 % |
07/06 | 9.196033 ELF | ▼ -0.81 % |
08/06 | 8.687736 ELF | ▼ -5.53 % |
09/06 | 8.71222 ELF | ▲ 0.28 % |
10/06 | 8.640422 ELF | ▼ -0.82 % |
11/06 | 8.438271 ELF | ▼ -2.34 % |
12/06 | 8.205094 ELF | ▼ -2.76 % |
13/06 | 7.772204 ELF | ▼ -5.28 % |
14/06 | 7.564906 ELF | ▼ -2.67 % |
15/06 | 7.964652 ELF | ▲ 5.28 % |
16/06 | 10.6289 ELF | ▲ 33.45 % |
* — Price prediction of the Nakfa/aelf 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/aelf price prediction for the next 3 months*
20/05 — 26/05 | 9.108572 ELF | ▲ 5.95 % |
27/05 — 02/06 | 12.8305 ELF | ▲ 40.86 % |
03/06 — 09/06 | 18.7324 ELF | ▲ 46 % |
10/06 — 16/06 | 18.2258 ELF | ▼ -2.7 % |
17/06 — 23/06 | 15.7092 ELF | ▼ -13.81 % |
24/06 — 30/06 | 17.275 ELF | ▲ 9.97 % |
01/07 — 07/07 | 14.0048 ELF | ▼ -18.93 % |
08/07 — 14/07 | 15.0904 ELF | ▲ 7.75 % |
15/07 — 21/07 | 10.5613 ELF | ▼ -30.01 % |
22/07 — 28/07 | 12.6198 ELF | ▲ 19.49 % |
29/07 — 04/08 | 13.2268 ELF | ▲ 4.81 % |
05/08 — 11/08 | 16.8641 ELF | ▲ 27.5 % |
Nakfa/aelf price prediction for the next year*
06/2024 | 8.777846 ELF | ▲ 2.1 % |
07/2024 | 10.0425 ELF | ▲ 14.41 % |
08/2024 | 7.24405 ELF | ▼ -27.87 % |
09/2024 | 6.786314 ELF | ▼ -6.32 % |
10/2024 | 6.866258 ELF | ▲ 1.18 % |
11/2024 | 5.45602 ELF | ▼ -20.54 % |
12/2024 | 5.758815 ELF | ▲ 5.55 % |
01/2025 | 5.411862 ELF | ▼ -6.02 % |
02/2025 | 7.013046 ELF | ▲ 29.59 % |
03/2025 | 18.8353 ELF | ▲ 168.58 % |
04/2025 | 13.6265 ELF | ▼ -27.65 % |
05/2025 | 20.9397 ELF | ▲ 53.67 % |
Nakfa/aelf exchange rate statistics
For 30 days | |
---|---|
Minimum | 0.10640972 ELF |
Maximum | 10.6031 ELF |
Weighted Average | 6.144318 ELF |
For 90 days | |
Minimum | 0.09557138 ELF |
Maximum | 13.5157 ELF |
Weighted Average | 6.161481 ELF |
For 365 days | |
Minimum | 0.08137126 ELF |
Maximum | 13.5157 ELF |
Weighted Average | 4.12244 ELF |
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