Currency exchange rate Lari against the Ren. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Lari currency exchange rate against the Ren currency:
currency exchange rate history, background information, prediction and more about GEL/REN
Chart of History of changes in the GEL/REN exchange rate
GEL/REN exchange rate on today
05 15, 2024
1 GEL = 4.619754 REN
▼ -9.38 %
This page provides information about the currency pair Lari/Ren, and more precisely about how much 1 Lari costs in Ren.
Data on the currency pair GEL/REN 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 GEL/REN 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 Lari/Ren, 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 GEL/REN exchange rate over the past 30 days
For the last 30 days (04 16, 2024 — 05 15, 2024) the Lari exchange rate against the Ren currency changed by -17.58% (5.60538 REN — 4.619754 REN)
Change in the GEL/REN exchange rate over the past 90 days
For the last 90 days (02 16, 2024 — 05 15, 2024) the Lari exchange rate against the Ren currency changed by -67.34% (14.1449 REN — 4.619754 REN)
Change in the GEL/REN exchange rate over the past 365 days
For the last 365 days (05 17, 2023 — 05 15, 2024) the Lari exchange rate against the Ren currency changed by 34.22% (3.441946 REN — 4.619754 REN)
Change in the GEL/REN exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 15, 2024) the Lari exchange rate against the Ren currency changed by -19.44% (5.734536 REN — 4.619754 REN)
Lari/Ren price prediction
Lari/Ren price prediction for the next 30 days*
16/05 | 4.610389 REN | ▼ -0.2 % |
17/05 | 4.674037 REN | ▲ 1.38 % |
18/05 | 4.607276 REN | ▼ -1.43 % |
19/05 | 4.602314 REN | ▼ -0.11 % |
20/05 | 4.449525 REN | ▼ -3.32 % |
21/05 | 4.465006 REN | ▲ 0.35 % |
22/05 | 4.435523 REN | ▼ -0.66 % |
23/05 | 4.409653 REN | ▼ -0.58 % |
24/05 | 4.452182 REN | ▲ 0.96 % |
25/05 | 4.698943 REN | ▲ 5.54 % |
26/05 | 4.706577 REN | ▲ 0.16 % |
27/05 | 4.726928 REN | ▲ 0.43 % |
28/05 | 4.849517 REN | ▲ 2.59 % |
29/05 | 4.81509 REN | ▼ -0.71 % |
30/05 | 4.788426 REN | ▼ -0.55 % |
31/05 | 4.795144 REN | ▲ 0.14 % |
01/06 | 4.51182 REN | ▼ -5.91 % |
02/06 | 4.401289 REN | ▼ -2.45 % |
03/06 | 4.296715 REN | ▼ -2.38 % |
04/06 | 4.230387 REN | ▼ -1.54 % |
05/06 | 4.102148 REN | ▼ -3.03 % |
06/06 | 4.163589 REN | ▲ 1.5 % |
07/06 | 4.1715 REN | ▲ 0.19 % |
08/06 | 4.102215 REN | ▼ -1.66 % |
09/06 | 4.033701 REN | ▼ -1.67 % |
10/06 | 4.193319 REN | ▲ 3.96 % |
11/06 | 4.314886 REN | ▲ 2.9 % |
12/06 | 4.398387 REN | ▲ 1.94 % |
13/06 | 4.412205 REN | ▲ 0.31 % |
14/06 | 4.188458 REN | ▼ -5.07 % |
* — Price prediction of the Lari/Ren 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.
Lari/Ren price prediction for the next 3 months*
20/05 — 26/05 | 4.518482 REN | ▼ -2.19 % |
27/05 — 02/06 | 3.917252 REN | ▼ -13.31 % |
03/06 — 09/06 | 3.585431 REN | ▼ -8.47 % |
10/06 — 16/06 | 3.309832 REN | ▼ -7.69 % |
17/06 — 23/06 | 2.97187 REN | ▼ -10.21 % |
24/06 — 30/06 | 2.926657 REN | ▼ -1.52 % |
01/07 — 07/07 | 3.345249 REN | ▲ 14.3 % |
08/07 — 14/07 | 3.224267 REN | ▼ -3.62 % |
15/07 — 21/07 | 3.429636 REN | ▲ 6.37 % |
22/07 — 28/07 | 3.024865 REN | ▼ -11.8 % |
29/07 — 04/08 | 3.188868 REN | ▲ 5.42 % |
05/08 — 11/08 | 3.052347 REN | ▼ -4.28 % |
Lari/Ren price prediction for the next year*
06/2024 | 4.598377 REN | ▼ -0.46 % |
07/2024 | 4.559534 REN | ▼ -0.84 % |
08/2024 | 5.755824 REN | ▲ 26.24 % |
09/2024 | 5.248771 REN | ▼ -8.81 % |
10/2024 | 5.568918 REN | ▲ 6.1 % |
11/2024 | 5.797537 REN | ▲ 4.11 % |
12/2024 | 5.749023 REN | ▼ -0.84 % |
01/2025 | 12.7733 REN | ▲ 122.18 % |
02/2025 | 7.910766 REN | ▼ -38.07 % |
03/2025 | 5.113262 REN | ▼ -35.36 % |
04/2025 | 5.752888 REN | ▲ 12.51 % |
05/2025 | 5.039564 REN | ▼ -12.4 % |
Lari/Ren exchange rate statistics
For 30 days | |
---|---|
Minimum | 4.507783 REN |
Maximum | 6.805302 REN |
Weighted Average | 5.443969 REN |
For 90 days | |
Minimum | 3.482332 REN |
Maximum | 14.3834 REN |
Weighted Average | 6.503149 REN |
For 365 days | |
Minimum | 0.0983995 REN |
Maximum | 16.2078 REN |
Weighted Average | 6.222709 REN |
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