Currency exchange rate Nakfa against the Yemeni Rial. 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 Yemeni Rial currency:
currency exchange rate history, background information, prediction and more about ERN/YER
Chart of History of changes in the ERN/YER exchange rate
ERN/YER exchange rate on today
05 14, 2024
1 ERN = 1,165 YER
▼ -1.93 %
This page provides information about the currency pair Nakfa/Yemeni Rial, and more precisely about how much 1 Nakfa costs in Yemeni Rial.
Data on the currency pair ERN/YER 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/YER 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/Yemeni Rial, 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:
-
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.
-
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.
-
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.
-
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/YER exchange rate over the past 30 days
For the last 30 days (04 15, 2024 — 05 14, 2024) the Nakfa exchange rate against the Yemeni Rial currency changed by -8.39% (1,272 YER — 1,165 YER)
Change in the ERN/YER exchange rate over the past 90 days
For the last 90 days (02 15, 2024 — 05 14, 2024) the Nakfa exchange rate against the Yemeni Rial currency changed by 83.83% (633.86 YER — 1,165 YER)
Change in the ERN/YER exchange rate over the past 365 days
For the last 365 days (05 16, 2023 — 05 14, 2024) the Nakfa exchange rate against the Yemeni Rial currency changed by 131.19% (504.02 YER — 1,165 YER)
Change in the ERN/YER exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 14, 2024) the Nakfa exchange rate against the Yemeni Rial currency changed by 6277.65% (18.27 YER — 1,165 YER)
Nakfa/Yemeni Rial price prediction
Nakfa/Yemeni Rial price prediction for the next 30 days*
15/05 | 1,181 YER | ▲ 1.35 % |
16/05 | 1,165 YER | ▼ -1.33 % |
17/05 | 1,159 YER | ▼ -0.54 % |
18/05 | 1,115 YER | ▼ -3.78 % |
19/05 | 1,133 YER | ▲ 1.61 % |
20/05 | 1,189 YER | ▲ 4.94 % |
21/05 | 1,244 YER | ▲ 4.64 % |
22/05 | 1,337 YER | ▲ 7.49 % |
23/05 | 1,288 YER | ▼ -3.69 % |
24/05 | 1,250 YER | ▼ -2.91 % |
25/05 | 1,237 YER | ▼ -1.05 % |
26/05 | 1,242 YER | ▲ 0.38 % |
27/05 | 1,180 YER | ▼ -5 % |
28/05 | 1,116 YER | ▼ -5.39 % |
29/05 | 1,073 YER | ▼ -3.87 % |
30/05 | 1,026 YER | ▼ -4.37 % |
31/05 | 951.22 YER | ▼ -7.31 % |
01/06 | 992.28 YER | ▲ 4.32 % |
02/06 | 1,062 YER | ▲ 7.03 % |
03/06 | 1,077 YER | ▲ 1.43 % |
04/06 | 1,129 YER | ▲ 4.8 % |
05/06 | 1,172 YER | ▲ 3.86 % |
06/06 | 1,449 YER | ▲ 23.59 % |
07/06 | 1,418 YER | ▼ -2.1 % |
08/06 | 1,327 YER | ▼ -6.45 % |
09/06 | 1,329 YER | ▲ 0.13 % |
10/06 | 1,285 YER | ▼ -3.33 % |
11/06 | 1,271 YER | ▼ -1.08 % |
12/06 | 1,201 YER | ▼ -5.47 % |
13/06 | 1,645 YER | ▲ 36.95 % |
* — Price prediction of the Nakfa/Yemeni Rial 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/Yemeni Rial price prediction for the next 3 months*
20/05 — 26/05 | 1,246 YER | ▲ 6.94 % |
27/05 — 02/06 | 1,703 YER | ▲ 36.67 % |
03/06 — 09/06 | 2,355 YER | ▲ 38.26 % |
10/06 — 16/06 | 2,395 YER | ▲ 1.7 % |
17/06 — 23/06 | 2,170 YER | ▼ -9.38 % |
24/06 — 30/06 | 2,342 YER | ▲ 7.92 % |
01/07 — 07/07 | 1,570 YER | ▼ -32.96 % |
08/07 — 14/07 | 1,752 YER | ▲ 11.56 % |
15/07 — 21/07 | 1,338 YER | ▼ -23.63 % |
22/07 — 28/07 | 1,458 YER | ▲ 8.99 % |
29/07 — 04/08 | 1,455 YER | ▼ -0.17 % |
05/08 — 11/08 | 1,991 YER | ▲ 36.78 % |
Nakfa/Yemeni Rial price prediction for the next year*
06/2024 | 1,189 YER | ▲ 2.05 % |
07/2024 | 1,423 YER | ▲ 19.68 % |
08/2024 | 1,096 YER | ▼ -22.96 % |
09/2024 | 1,209 YER | ▲ 10.24 % |
10/2024 | 1,225 YER | ▲ 1.36 % |
11/2024 | 1,439 YER | ▲ 17.44 % |
12/2024 | 1,759 YER | ▲ 22.27 % |
01/2025 | 1,498 YER | ▼ -14.85 % |
02/2025 | 2,529 YER | ▲ 68.87 % |
03/2025 | 5,649 YER | ▲ 123.34 % |
04/2025 | 3,336 YER | ▼ -40.93 % |
05/2025 | 5,697 YER | ▲ 70.74 % |
Nakfa/Yemeni Rial exchange rate statistics
For 30 days | |
---|---|
Minimum | 17.74 YER |
Maximum | 1,594 YER |
Weighted Average | 934.94 YER |
For 90 days | |
Minimum | 17.74 YER |
Maximum | 2,162 YER |
Weighted Average | 1,002 YER |
For 365 days | |
Minimum | 17.49 YER |
Maximum | 2,162 YER |
Weighted Average | 515.75 YER |
Share a link to the ERN/YER exchange rate
If you want to share a link to the Nakfa (ERN) to Yemeni Rial (YER) exchange rate — copy and paste the HTML code on your site:
you can also share a link to the Nakfa (ERN) to Yemeni Rial (YER) exchange rate on the forum, copy the code and paste it on the site: