Currency exchange rate South Korean Won against the Rakon. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the South Korean Won currency exchange rate against the Rakon currency:
currency exchange rate history, background information, prediction and more about KRW/RKN
Chart of History of changes in the KRW/RKN exchange rate
KRW/RKN exchange rate on today
05 08, 2024
1 KRW = 0.0115361 RKN
▲ 2.11 %
This page provides information about the currency pair South Korean Won/Rakon, and more precisely about how much 1 South Korean Won costs in Rakon.
Data on the currency pair KRW/RKN 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 KRW/RKN 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 South Korean Won/Rakon, 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 KRW/RKN exchange rate over the past 30 days
For the last 30 days (04 09, 2024 — 05 08, 2024) the South Korean Won exchange rate against the Rakon currency changed by 68.99% (0.00682666 RKN — 0.0115361 RKN)
Change in the KRW/RKN exchange rate over the past 90 days
For the last 90 days (02 09, 2024 — 05 08, 2024) the South Korean Won exchange rate against the Rakon currency changed by 82.86% (0.00630854 RKN — 0.0115361 RKN)
Change in the KRW/RKN exchange rate over the past 365 days
For the last 365 days (05 10, 2023 — 05 08, 2024) the South Korean Won exchange rate against the Rakon currency changed by 193.54% (0.00392998 RKN — 0.0115361 RKN)
Change in the KRW/RKN exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 08, 2024) the South Korean Won exchange rate against the Rakon currency changed by -1.61% (0.01172545 RKN — 0.0115361 RKN)
South Korean Won/Rakon price prediction
South Korean Won/Rakon price prediction for the next 30 days*
10/05 | 0.01237238 RKN | ▲ 7.25 % |
11/05 | 0.01268803 RKN | ▲ 2.55 % |
12/05 | 0.01204971 RKN | ▼ -5.03 % |
13/05 | 0.01256952 RKN | ▲ 4.31 % |
14/05 | 0.0135319 RKN | ▲ 7.66 % |
15/05 | 0.01599528 RKN | ▲ 18.2 % |
16/05 | 0.01761357 RKN | ▲ 10.12 % |
17/05 | 0.01858715 RKN | ▲ 5.53 % |
18/05 | 0.01473799 RKN | ▼ -20.71 % |
19/05 | 0.01248907 RKN | ▼ -15.26 % |
20/05 | 0.01221269 RKN | ▼ -2.21 % |
21/05 | 0.01328263 RKN | ▲ 8.76 % |
22/05 | 0.01569907 RKN | ▲ 18.19 % |
23/05 | 0.01738753 RKN | ▲ 10.76 % |
24/05 | 0.01727284 RKN | ▼ -0.66 % |
25/05 | 0.01755175 RKN | ▲ 1.61 % |
26/05 | 0.01501548 RKN | ▼ -14.45 % |
27/05 | 0.01416274 RKN | ▼ -5.68 % |
28/05 | 0.01628931 RKN | ▲ 15.02 % |
29/05 | 0.01689948 RKN | ▲ 3.75 % |
30/05 | 0.01758374 RKN | ▲ 4.05 % |
31/05 | 0.01795584 RKN | ▲ 2.12 % |
01/06 | 0.0186255 RKN | ▲ 3.73 % |
02/06 | 0.01873304 RKN | ▲ 0.58 % |
03/06 | 0.01860896 RKN | ▼ -0.66 % |
04/06 | 0.02119709 RKN | ▲ 13.91 % |
05/06 | 0.01550921 RKN | ▼ -26.83 % |
06/06 | 0.01719419 RKN | ▲ 10.86 % |
07/06 | 0.01719472 RKN | ▲ 0 % |
08/06 | 0.01743343 RKN | ▲ 1.39 % |
* — Price prediction of the South Korean Won/Rakon 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.
South Korean Won/Rakon price prediction for the next 3 months*
13/05 — 19/05 | 0.01057435 RKN | ▼ -8.34 % |
20/05 — 26/05 | 0.01382182 RKN | ▲ 30.71 % |
27/05 — 02/06 | 0.01256693 RKN | ▼ -9.08 % |
03/06 — 09/06 | 0.01456724 RKN | ▲ 15.92 % |
10/06 — 16/06 | 0.00864351 RKN | ▼ -40.66 % |
17/06 — 23/06 | 0.01475042 RKN | ▲ 70.65 % |
24/06 — 30/06 | 0.01716969 RKN | ▲ 16.4 % |
01/07 — 07/07 | 0.02902554 RKN | ▲ 69.05 % |
08/07 — 14/07 | 0.03021071 RKN | ▲ 4.08 % |
15/07 — 21/07 | 0.03041948 RKN | ▲ 0.69 % |
22/07 — 28/07 | 0.03422688 RKN | ▲ 12.52 % |
29/07 — 04/08 | 0.03489614 RKN | ▲ 1.96 % |
South Korean Won/Rakon price prediction for the next year*
06/2024 | 0.01138157 RKN | ▼ -1.34 % |
07/2024 | 0.01235296 RKN | ▲ 8.53 % |
08/2024 | 0.01474877 RKN | ▲ 19.39 % |
09/2024 | 0.015316 RKN | ▲ 3.85 % |
10/2024 | 0.01497878 RKN | ▼ -2.2 % |
11/2024 | 0.0166423 RKN | ▲ 11.11 % |
12/2024 | 0.01772444 RKN | ▲ 6.5 % |
01/2025 | 0.01942244 RKN | ▲ 9.58 % |
02/2025 | 0.01950926 RKN | ▲ 0.45 % |
03/2025 | 0.01750524 RKN | ▼ -10.27 % |
04/2025 | 0.02942469 RKN | ▲ 68.09 % |
05/2025 | 0.03094755 RKN | ▲ 5.18 % |
South Korean Won/Rakon exchange rate statistics
For 30 days | |
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Minimum | 0.00701726 RKN |
Maximum | 0.01130328 RKN |
Weighted Average | 0.00940626 RKN |
For 90 days | |
Minimum | 0.00359186 RKN |
Maximum | 0.01130328 RKN |
Weighted Average | 0.00722361 RKN |
For 365 days | |
Minimum | 0.00359186 RKN |
Maximum | 0.01130328 RKN |
Weighted Average | 0.00547753 RKN |
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