Currency exchange rate Nakfa against the Utrust. 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 Utrust currency:
currency exchange rate history, background information, prediction and more about ERN/UTK
Chart of History of changes in the ERN/UTK exchange rate
ERN/UTK exchange rate on today
05 16, 2024
1 ERN = 51.5856 UTK
▲ 2.45 %
This page provides information about the currency pair Nakfa/Utrust, and more precisely about how much 1 Nakfa costs in Utrust.
Data on the currency pair ERN/UTK 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/UTK 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/Utrust, 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/UTK exchange rate over the past 30 days
For the last 30 days (04 17, 2024 — 05 16, 2024) the Nakfa exchange rate against the Utrust currency changed by 1.2% (50.976 UTK — 51.5856 UTK)
Change in the ERN/UTK exchange rate over the past 90 days
For the last 90 days (02 17, 2024 — 05 16, 2024) the Nakfa exchange rate against the Utrust currency changed by 81.33% (28.4485 UTK — 51.5856 UTK)
Change in the ERN/UTK exchange rate over the past 365 days
For the last 365 days (05 18, 2023 — 05 16, 2024) the Nakfa exchange rate against the Utrust currency changed by 166.66% (19.345 UTK — 51.5856 UTK)
Change in the ERN/UTK exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 16, 2024) the Nakfa exchange rate against the Utrust currency changed by 560.99% (7.80429 UTK — 51.5856 UTK)
Nakfa/Utrust price prediction
Nakfa/Utrust price prediction for the next 30 days*
17/05 | 51.2339 UTK | ▼ -0.68 % |
18/05 | 48.9095 UTK | ▼ -4.54 % |
19/05 | 46.6612 UTK | ▼ -4.6 % |
20/05 | 46.7092 UTK | ▲ 0.1 % |
21/05 | 50.3798 UTK | ▲ 7.86 % |
22/05 | 53.5519 UTK | ▲ 6.3 % |
23/05 | 49.7518 UTK | ▼ -7.1 % |
24/05 | 48.3728 UTK | ▼ -2.77 % |
25/05 | 52.3949 UTK | ▲ 8.31 % |
26/05 | 55.3952 UTK | ▲ 5.73 % |
27/05 | 54.4554 UTK | ▼ -1.7 % |
28/05 | 51.4591 UTK | ▼ -5.5 % |
29/05 | 51.1698 UTK | ▼ -0.56 % |
30/05 | 49.6584 UTK | ▼ -2.95 % |
31/05 | 46.8096 UTK | ▼ -5.74 % |
01/06 | 47.1356 UTK | ▲ 0.7 % |
02/06 | 47.8035 UTK | ▲ 1.42 % |
03/06 | 48.0582 UTK | ▲ 0.53 % |
04/06 | 51.1851 UTK | ▲ 6.51 % |
05/06 | 53.6398 UTK | ▲ 4.8 % |
06/06 | 66.8322 UTK | ▲ 24.59 % |
07/06 | 68.1165 UTK | ▲ 1.92 % |
08/06 | 61.6754 UTK | ▼ -9.46 % |
09/06 | 59.698 UTK | ▼ -3.21 % |
10/06 | 60.8416 UTK | ▲ 1.92 % |
11/06 | 61.0192 UTK | ▲ 0.29 % |
12/06 | 57.1624 UTK | ▼ -6.32 % |
13/06 | 52.157 UTK | ▼ -8.76 % |
14/06 | 48.8116 UTK | ▼ -6.41 % |
15/06 | 65.2427 UTK | ▲ 33.66 % |
* — Price prediction of the Nakfa/Utrust 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/Utrust price prediction for the next 3 months*
20/05 — 26/05 | 53.8723 UTK | ▲ 4.43 % |
27/05 — 02/06 | 63.3826 UTK | ▲ 17.65 % |
03/06 — 09/06 | 88.4805 UTK | ▲ 39.6 % |
10/06 — 16/06 | 77.9777 UTK | ▼ -11.87 % |
17/06 — 23/06 | 66.5144 UTK | ▼ -14.7 % |
24/06 — 30/06 | 74.7872 UTK | ▲ 12.44 % |
01/07 — 07/07 | 72.7245 UTK | ▼ -2.76 % |
08/07 — 14/07 | 76.0939 UTK | ▲ 4.63 % |
15/07 — 21/07 | 71.0957 UTK | ▼ -6.57 % |
22/07 — 28/07 | 75.3226 UTK | ▲ 5.95 % |
29/07 — 04/08 | 85.6965 UTK | ▲ 13.77 % |
05/08 — 11/08 | 100.33 UTK | ▲ 17.07 % |
Nakfa/Utrust price prediction for the next year*
06/2024 | 52.915 UTK | ▲ 2.58 % |
07/2024 | 67.0406 UTK | ▲ 26.69 % |
08/2024 | 63.5956 UTK | ▼ -5.14 % |
09/2024 | 69.7101 UTK | ▲ 9.61 % |
10/2024 | 68.5491 UTK | ▼ -1.67 % |
11/2024 | 49.3508 UTK | ▼ -28.01 % |
12/2024 | 56.7275 UTK | ▲ 14.95 % |
01/2025 | 53.0924 UTK | ▼ -6.41 % |
02/2025 | 75.9402 UTK | ▲ 43.03 % |
03/2025 | 116.71 UTK | ▲ 53.69 % |
04/2025 | 111.07 UTK | ▼ -4.83 % |
05/2025 | 183.52 UTK | ▲ 65.23 % |
Nakfa/Utrust exchange rate statistics
For 30 days | |
---|---|
Minimum | 0.67743821 UTK |
Maximum | 70.529 UTK |
Weighted Average | 39.6444 UTK |
For 90 days | |
Minimum | 0.5006122 UTK |
Maximum | 70.529 UTK |
Weighted Average | 35.8488 UTK |
For 365 days | |
Minimum | 0.5006122 UTK |
Maximum | 70.529 UTK |
Weighted Average | 23.0191 UTK |
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