Currency exchange rate Nakfa 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 Nakfa currency exchange rate against the Rakon currency:
currency exchange rate history, background information, prediction and more about ERN/RKN
Chart of History of changes in the ERN/RKN exchange rate
ERN/RKN exchange rate on today
05 19, 2024
1 ERN = 39.732 RKN
▼ -24.14 %
This page provides information about the currency pair Nakfa/Rakon, and more precisely about how much 1 Nakfa costs in Rakon.
Data on the currency pair ERN/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 ERN/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 Nakfa/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:
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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/RKN exchange rate over the past 30 days
For the last 30 days (04 20, 2024 — 05 19, 2024) the Nakfa exchange rate against the Rakon currency changed by -2% (40.5432 RKN — 39.732 RKN)
Change in the ERN/RKN exchange rate over the past 90 days
For the last 90 days (02 20, 2024 — 05 19, 2024) the Nakfa exchange rate against the Rakon currency changed by 145.93% (16.156 RKN — 39.732 RKN)
Change in the ERN/RKN exchange rate over the past 365 days
For the last 365 days (05 21, 2023 — 05 19, 2024) the Nakfa exchange rate against the Rakon currency changed by 284.47% (10.3342 RKN — 39.732 RKN)
Change in the ERN/RKN exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 19, 2024) the Nakfa exchange rate against the Rakon currency changed by 4099.28% (0.94616047 RKN — 39.732 RKN)
Nakfa/Rakon price prediction
Nakfa/Rakon price prediction for the next 30 days*
20/05 | 46.4635 RKN | ▲ 16.94 % |
21/05 | 65.5356 RKN | ▲ 41.05 % |
22/05 | 75.3563 RKN | ▲ 14.99 % |
23/05 | 71.2578 RKN | ▼ -5.44 % |
24/05 | 68.8563 RKN | ▼ -3.37 % |
25/05 | 60.0555 RKN | ▼ -12.78 % |
26/05 | 58.2873 RKN | ▼ -2.94 % |
27/05 | 63.0803 RKN | ▲ 8.22 % |
28/05 | 63.5512 RKN | ▲ 0.75 % |
29/05 | 62.2883 RKN | ▼ -1.99 % |
30/05 | 60.2544 RKN | ▼ -3.27 % |
31/05 | 57.9221 RKN | ▼ -3.87 % |
01/06 | 59.9052 RKN | ▲ 3.42 % |
02/06 | 62.4097 RKN | ▲ 4.18 % |
03/06 | 59.2284 RKN | ▼ -5.1 % |
04/06 | 63.5937 RKN | ▲ 7.37 % |
05/06 | 71.6168 RKN | ▲ 12.62 % |
06/06 | 84.0726 RKN | ▲ 17.39 % |
07/06 | 84.6969 RKN | ▲ 0.74 % |
08/06 | 64.7711 RKN | ▼ -23.53 % |
09/06 | 78.7918 RKN | ▲ 21.65 % |
10/06 | 68.6962 RKN | ▼ -12.81 % |
11/06 | 52.8724 RKN | ▼ -23.03 % |
12/06 | 52.6258 RKN | ▼ -0.47 % |
13/06 | 63.9346 RKN | ▲ 21.49 % |
14/06 | 63.9532 RKN | ▲ 0.03 % |
15/06 | 56.1982 RKN | ▼ -12.13 % |
16/06 | 45.6909 RKN | ▼ -18.7 % |
17/06 | 43.8328 RKN | ▼ -4.07 % |
18/06 | 71.4399 RKN | ▲ 62.98 % |
* — Price prediction of the Nakfa/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.
Nakfa/Rakon price prediction for the next 3 months*
20/05 — 26/05 | 43.4126 RKN | ▲ 9.26 % |
27/05 — 02/06 | 52.5241 RKN | ▲ 20.99 % |
03/06 — 09/06 | 84.3362 RKN | ▲ 60.57 % |
10/06 — 16/06 | 40.2834 RKN | ▼ -52.23 % |
17/06 — 23/06 | 55.1929 RKN | ▲ 37.01 % |
24/06 — 30/06 | 68.4462 RKN | ▲ 24.01 % |
01/07 — 07/07 | 72.7261 RKN | ▲ 6.25 % |
08/07 — 14/07 | 86.5938 RKN | ▲ 19.07 % |
15/07 — 21/07 | 72.857 RKN | ▼ -15.86 % |
22/07 — 28/07 | 81.6189 RKN | ▲ 12.03 % |
29/07 — 04/08 | 65.0172 RKN | ▼ -20.34 % |
05/08 — 11/08 | 87.2947 RKN | ▲ 34.26 % |
Nakfa/Rakon price prediction for the next year*
06/2024 | 40.1586 RKN | ▲ 1.07 % |
07/2024 | 46.8742 RKN | ▲ 16.72 % |
08/2024 | 44.0267 RKN | ▼ -6.07 % |
09/2024 | 51.4285 RKN | ▲ 16.81 % |
10/2024 | 50.5574 RKN | ▼ -1.69 % |
11/2024 | 58.8765 RKN | ▲ 16.45 % |
12/2024 | 71.1567 RKN | ▲ 20.86 % |
01/2025 | 72.2387 RKN | ▲ 1.52 % |
02/2025 | 115.1 RKN | ▲ 59.33 % |
03/2025 | 215.47 RKN | ▲ 87.21 % |
04/2025 | 269.48 RKN | ▲ 25.07 % |
05/2025 | 333.14 RKN | ▲ 23.62 % |
Nakfa/Rakon exchange rate statistics
For 30 days | |
---|---|
Minimum | 0.76660886 RKN |
Maximum | 88.9562 RKN |
Weighted Average | 46.2908 RKN |
For 90 days | |
Minimum | 0.32180911 RKN |
Maximum | 88.9562 RKN |
Weighted Average | 37.7959 RKN |
For 365 days | |
Minimum | 0.32180911 RKN |
Maximum | 88.9562 RKN |
Weighted Average | 15.8291 RKN |
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