Currency exchange rate Nakfa against the Monetha. 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 Monetha currency:
currency exchange rate history, background information, prediction and more about ERN/MTH
Chart of History of changes in the ERN/MTH exchange rate
ERN/MTH exchange rate on today
05 20, 2024
1 ERN = 1,893 MTH
▲ 1.43 %
This page provides information about the currency pair Nakfa/Monetha, and more precisely about how much 1 Nakfa costs in Monetha.
Data on the currency pair ERN/MTH 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/MTH 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/Monetha, 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/MTH exchange rate over the past 30 days
For the last 30 days (04 21, 2024 — 05 20, 2024) the Nakfa exchange rate against the Monetha currency changed by -7.43% (2,045 MTH — 1,893 MTH)
Change in the ERN/MTH exchange rate over the past 90 days
For the last 90 days (02 21, 2024 — 05 20, 2024) the Nakfa exchange rate against the Monetha currency changed by 122.2% (852.15 MTH — 1,893 MTH)
Change in the ERN/MTH exchange rate over the past 365 days
For the last 365 days (05 22, 2023 — 05 20, 2024) the Nakfa exchange rate against the Monetha currency changed by 467.03% (333.93 MTH — 1,893 MTH)
Change in the ERN/MTH exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 20, 2024) the Nakfa exchange rate against the Monetha currency changed by 15807.81% (11.9027 MTH — 1,893 MTH)
Nakfa/Monetha price prediction
Nakfa/Monetha price prediction for the next 30 days*
21/05 | 2,342 MTH | ▲ 23.72 % |
22/05 | 2,608 MTH | ▲ 11.32 % |
23/05 | 2,519 MTH | ▼ -3.39 % |
24/05 | 2,445 MTH | ▼ -2.97 % |
25/05 | 2,451 MTH | ▲ 0.28 % |
26/05 | 2,490 MTH | ▲ 1.57 % |
27/05 | 2,419 MTH | ▼ -2.84 % |
28/05 | 2,280 MTH | ▼ -5.73 % |
29/05 | 2,256 MTH | ▼ -1.06 % |
30/05 | 2,215 MTH | ▼ -1.84 % |
31/05 | 2,044 MTH | ▼ -7.73 % |
01/06 | 1,879 MTH | ▼ -8.05 % |
02/06 | 1,868 MTH | ▼ -0.58 % |
03/06 | 1,906 MTH | ▲ 2.04 % |
04/06 | 2,067 MTH | ▲ 8.43 % |
05/06 | 2,209 MTH | ▲ 6.88 % |
06/06 | 2,780 MTH | ▲ 25.84 % |
07/06 | 2,786 MTH | ▲ 0.2 % |
08/06 | 2,606 MTH | ▼ -6.44 % |
09/06 | 2,664 MTH | ▲ 2.22 % |
10/06 | 2,665 MTH | ▲ 0.05 % |
11/06 | 2,615 MTH | ▼ -1.91 % |
12/06 | 2,534 MTH | ▼ -3.1 % |
13/06 | 2,412 MTH | ▼ -4.8 % |
14/06 | 2,363 MTH | ▼ -2.06 % |
15/06 | 2,456 MTH | ▲ 3.97 % |
16/06 | 2,476 MTH | ▲ 0.79 % |
17/06 | 2,544 MTH | ▲ 2.74 % |
18/06 | 2,488 MTH | ▼ -2.2 % |
19/06 | 3,301 MTH | ▲ 32.68 % |
* — Price prediction of the Nakfa/Monetha 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/Monetha price prediction for the next 3 months*
27/05 — 02/06 | 2,004 MTH | ▲ 5.81 % |
03/06 — 09/06 | 2,865 MTH | ▲ 43.01 % |
10/06 — 16/06 | 4,196 MTH | ▲ 46.43 % |
17/06 — 23/06 | 5,374 MTH | ▲ 28.08 % |
24/06 — 30/06 | 3,727 MTH | ▼ -30.64 % |
01/07 — 07/07 | 4,955 MTH | ▲ 32.95 % |
08/07 — 14/07 | 3,845 MTH | ▼ -22.42 % |
15/07 — 21/07 | 4,074 MTH | ▲ 5.97 % |
22/07 — 28/07 | 3,711 MTH | ▼ -8.91 % |
29/07 — 04/08 | 3,655 MTH | ▼ -1.52 % |
05/08 — 11/08 | 4,045 MTH | ▲ 10.67 % |
12/08 — 18/08 | 5,262 MTH | ▲ 30.1 % |
Nakfa/Monetha price prediction for the next year*
06/2024 | 1,897 MTH | ▲ 0.17 % |
07/2024 | 1,345 MTH | ▼ -29.08 % |
08/2024 | 946.1 MTH | ▼ -29.67 % |
09/2024 | 1,283 MTH | ▲ 35.59 % |
10/2024 | 598.02 MTH | ▼ -53.38 % |
11/2024 | 683.51 MTH | ▲ 14.3 % |
12/2024 | 1,186 MTH | ▲ 73.47 % |
01/2025 | 2,648 MTH | ▲ 123.33 % |
02/2025 | 2,209 MTH | ▼ -16.58 % |
03/2025 | 6,992 MTH | ▲ 216.55 % |
04/2025 | 6,131 MTH | ▼ -12.32 % |
05/2025 | 8,024 MTH | ▲ 30.87 % |
Nakfa/Monetha exchange rate statistics
For 30 days | |
---|---|
Minimum | 27.5433 MTH |
Maximum | 2,432 MTH |
Weighted Average | 1,499 MTH |
For 90 days | |
Minimum | 14.7032 MTH |
Maximum | 2,790 MTH |
Weighted Average | 1,401 MTH |
For 365 days | |
Minimum | 8.054053 MTH |
Maximum | 2,790 MTH |
Weighted Average | 639.35 MTH |
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