Currency exchange rate Ghana Cedi against the Dropil. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Ghana Cedi currency exchange rate against the Dropil currency:
currency exchange rate history, background information, prediction and more about GHS/DROP
Chart of History of changes in the GHS/DROP exchange rate
GHS/DROP exchange rate on today
10 23, 2020
1 GHS = 7,510 DROP
▲ 0.63 %
This page provides information about the currency pair Ghana Cedi/Dropil, and more precisely about how much 1 Ghana Cedi costs in Dropil.
Data on the currency pair GHS/DROP 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 GHS/DROP 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 Ghana Cedi/Dropil, 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 GHS/DROP exchange rate over the past 30 days
For the last 30 days (09 24, 2020 — 10 23, 2020) the Ghana Cedi exchange rate against the Dropil currency changed by 2.36% (7,337 DROP — 7,510 DROP)
Change in the GHS/DROP exchange rate over the past 90 days
For the last 90 days (07 26, 2020 — 10 23, 2020) the Ghana Cedi exchange rate against the Dropil currency changed by -69.89% (24,941 DROP — 7,510 DROP)
Change in the GHS/DROP exchange rate over the past 365 days
For the last 365 days (04 10, 2020 — 10 23, 2020) the Ghana Cedi exchange rate against the Dropil currency changed by 164.98% (2,834 DROP — 7,510 DROP)
Change in the GHS/DROP exchange rate for all time
For all the time our site has been running (04 10, 2020 — 10 23, 2020) the Ghana Cedi exchange rate against the Dropil currency changed by 164.98% (2,834 DROP — 7,510 DROP)
Ghana Cedi/Dropil price prediction
Ghana Cedi/Dropil price prediction for the next 30 days*
14/05 | 7,496 DROP | ▼ -0.19 % |
15/05 | 7,527 DROP | ▲ 0.41 % |
16/05 | 7,524 DROP | ▼ -0.04 % |
17/05 | 7,524 DROP | ▲ 0 % |
18/05 | 7,525 DROP | ▲ 0.01 % |
19/05 | 7,527 DROP | ▲ 0.04 % |
20/05 | 7,529 DROP | ▲ 0.03 % |
21/05 | 7,525 DROP | ▼ -0.05 % |
22/05 | 8,238 DROP | ▲ 9.46 % |
23/05 | 9,112 DROP | ▲ 10.62 % |
24/05 | 9,075 DROP | ▼ -0.41 % |
25/05 | 8,959 DROP | ▼ -1.29 % |
26/05 | 9,120 DROP | ▲ 1.8 % |
27/05 | 9,271 DROP | ▲ 1.66 % |
28/05 | 9,104 DROP | ▼ -1.8 % |
29/05 | 8,690 DROP | ▼ -4.54 % |
30/05 | 8,269 DROP | ▼ -4.84 % |
31/05 | 8,210 DROP | ▼ -0.72 % |
01/06 | 8,005 DROP | ▼ -2.49 % |
02/06 | 7,973 DROP | ▼ -0.4 % |
03/06 | 8,016 DROP | ▲ 0.54 % |
04/06 | 8,091 DROP | ▲ 0.93 % |
05/06 | 8,199 DROP | ▲ 1.34 % |
06/06 | 8,329 DROP | ▲ 1.58 % |
07/06 | 8,191 DROP | ▼ -1.66 % |
08/06 | 8,053 DROP | ▼ -1.68 % |
09/06 | 8,163 DROP | ▲ 1.37 % |
10/06 | 7,966 DROP | ▼ -2.42 % |
11/06 | 7,382 DROP | ▼ -7.33 % |
12/06 | 7,283 DROP | ▼ -1.34 % |
* — Price prediction of the Ghana Cedi/Dropil 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.
Ghana Cedi/Dropil price prediction for the next 3 months*
20/05 — 26/05 | 7,490 DROP | ▼ -0.27 % |
27/05 — 02/06 | 7,502 DROP | ▲ 0.16 % |
03/06 — 09/06 | 2,572 DROP | ▼ -65.72 % |
10/06 — 16/06 | 2,562 DROP | ▼ -0.39 % |
17/06 — 23/06 | 2,560 DROP | ▼ -0.06 % |
24/06 — 30/06 | 2,559 DROP | ▼ -0.06 % |
01/07 — 07/07 | 2,560 DROP | ▲ 0.05 % |
08/07 — 14/07 | 2,556 DROP | ▼ -0.15 % |
15/07 — 21/07 | 3,158 DROP | ▲ 23.56 % |
22/07 — 28/07 | 2,975 DROP | ▼ -5.81 % |
29/07 — 04/08 | 2,995 DROP | ▲ 0.69 % |
05/08 — 11/08 | 2,788 DROP | ▼ -6.92 % |
Ghana Cedi/Dropil price prediction for the next year*
06/2024 | 159,249 DROP | ▲ 2020.36 % |
07/2024 | 140,458 DROP | ▼ -11.8 % |
08/2024 | 163,231 DROP | ▲ 16.21 % |
09/2024 | 107,506 DROP | ▼ -34.14 % |
10/2024 | 7,341 DROP | ▼ -93.17 % |
11/2024 | 7,324 DROP | ▼ -0.23 % |
12/2024 | 7,558 DROP | ▲ 3.2 % |
Ghana Cedi/Dropil exchange rate statistics
For 30 days | |
---|---|
Minimum | 7,306 DROP |
Maximum | 9,193 DROP |
Weighted Average | 8,166 DROP |
For 90 days | |
Minimum | 7,259 DROP |
Maximum | 25,213 DROP |
Weighted Average | 12,179 DROP |
For 365 days | |
Minimum | 2,896 DROP |
Maximum | 51,693 DROP |
Weighted Average | 20,624 DROP |
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