Currency exchange rate Komodo against the Malagasy Ariary. Chart, history price and prediction on tomorrow, next month, 2024 year

On this page, you can always find detailed information about the Komodo currency exchange rate against the Malagasy Ariary currency:
currency exchange rate history, background information, prediction and more about KMD/MGA

Chart of History of changes in the KMD/MGA exchange rate

KMD/MGA exchange rate on today

05 16, 2024
1 KMD = 1,753 MGA
▼ -0.58 %

This page provides information about the currency pair Komodo/Malagasy Ariary, and more precisely about how much 1 Komodo costs in Malagasy Ariary.

Data on the currency pair KMD/MGA 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 KMD/MGA 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 Komodo/Malagasy Ariary, 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:

  1. 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.

  2. 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.

  3. 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.

  4. 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 KMD/MGA exchange rate over the past 30 days

For the last 30 days (04 17, 2024 — 05 16, 2024) the Komodo exchange rate against the Malagasy Ariary currency changed by -1.86% (1,787 MGA — 1,753 MGA)

Change in the KMD/MGA exchange rate over the past 90 days

For the last 90 days (02 17, 2024 — 05 16, 2024) the Komodo exchange rate against the Malagasy Ariary currency changed by 34.85% (1,300 MGA — 1,753 MGA)

Change in the KMD/MGA exchange rate over the past 365 days

For the last 365 days (05 18, 2023 — 05 16, 2024) the Komodo exchange rate against the Malagasy Ariary currency changed by 39.4% (1,258 MGA — 1,753 MGA)

Change in the KMD/MGA exchange rate for all time

For all the time our site has been running (04 10, 2020 — 05 16, 2024) the Komodo exchange rate against the Malagasy Ariary currency changed by 6.92% (1,640 MGA — 1,753 MGA)

Komodo/Malagasy Ariary price prediction

Komodo/Malagasy Ariary price prediction for the next 30 days*

17/05 1,706 MGA ▼ -2.71 %
18/05 1,699 MGA ▼ -0.42 %
19/05 1,755 MGA ▲ 3.31 %
20/05 1,837 MGA ▲ 4.68 %
21/05 1,928 MGA ▲ 4.94 %
22/05 1,978 MGA ▲ 2.61 %
23/05 2,022 MGA ▲ 2.25 %
24/05 1,998 MGA ▼ -1.22 %
25/05 1,901 MGA ▼ -4.85 %
26/05 1,835 MGA ▼ -3.47 %
27/05 1,800 MGA ▼ -1.91 %
28/05 1,852 MGA ▲ 2.88 %
29/05 1,820 MGA ▼ -1.74 %
30/05 1,775 MGA ▼ -2.45 %
31/05 1,723 MGA ▼ -2.91 %
01/06 1,799 MGA ▲ 4.37 %
02/06 1,878 MGA ▲ 4.4 %
03/06 1,906 MGA ▲ 1.52 %
04/06 1,865 MGA ▼ -2.16 %
05/06 1,811 MGA ▼ -2.92 %
06/06 1,769 MGA ▼ -2.28 %
07/06 1,844 MGA ▲ 4.23 %
08/06 2,012 MGA ▲ 9.08 %
09/06 1,869 MGA ▼ -7.1 %
10/06 1,859 MGA ▼ -0.55 %
11/06 1,856 MGA ▼ -0.12 %
12/06 1,807 MGA ▼ -2.68 %
13/06 1,691 MGA ▼ -6.38 %
14/06 1,739 MGA ▲ 2.81 %
15/06 1,810 MGA ▲ 4.08 %

* — Price prediction of the Komodo/Malagasy Ariary 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.

Komodo/Malagasy Ariary price prediction for the next 3 months*

20/05 — 26/05 1,745 MGA ▼ -0.48 %
27/05 — 02/06 1,759 MGA ▲ 0.81 %
03/06 — 09/06 1,687 MGA ▼ -4.1 %
10/06 — 16/06 1,866 MGA ▲ 10.65 %
17/06 — 23/06 2,618 MGA ▲ 40.27 %
24/06 — 30/06 2,456 MGA ▼ -6.21 %
01/07 — 07/07 1,854 MGA ▼ -24.49 %
08/07 — 14/07 2,080 MGA ▲ 12.19 %
15/07 — 21/07 1,861 MGA ▼ -10.56 %
22/07 — 28/07 1,766 MGA ▼ -5.06 %
29/07 — 04/08 1,765 MGA ▼ -0.1 %
05/08 — 11/08 1,795 MGA ▲ 1.7 %

Komodo/Malagasy Ariary price prediction for the next year*

06/2024 1,810 MGA ▲ 3.26 %
07/2024 1,725 MGA ▼ -4.74 %
08/2024 1,699 MGA ▼ -1.51 %
09/2024 1,660 MGA ▼ -2.3 %
10/2024 1,758 MGA ▲ 5.95 %
11/2024 1,986 MGA ▲ 12.97 %
12/2024 2,241 MGA ▲ 12.82 %
01/2025 1,763 MGA ▼ -21.32 %
02/2025 1,904 MGA ▲ 8.01 %
03/2025 3,979 MGA ▲ 108.96 %
04/2025 2,833 MGA ▼ -28.8 %
05/2025 2,995 MGA ▲ 5.72 %

Komodo/Malagasy Ariary exchange rate statistics

For 30 days
Minimum 1,602 MGA
Maximum 2,061 MGA
Weighted Average 1,798 MGA
For 90 days
Minimum 1,297 MGA
Maximum 3,263 MGA
Weighted Average 1,740 MGA
For 365 days
Minimum 851.62 MGA
Maximum 3,263 MGA
Weighted Average 1,274 MGA

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Our expert

All forecasts on our website are made by our professional financial experts. Here are just a few of them:

Anthony Carter Anthony Carter CEO, lead analyst
David Bailey David Bailey Managing Director, Director of research Department
Anthony Glenn Anthony Glenn Deputy head of analytical Department
Joseph Hensley Joseph Hensley Senior analyst, markets and equities Department