Currency exchange rate Moroccan Dirham 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 Moroccan Dirham currency exchange rate against the Ren currency:
currency exchange rate history, background information, prediction and more about MAD/REN
Chart of History of changes in the MAD/REN exchange rate
MAD/REN exchange rate on today
05 16, 2024
1 MAD = 1.722913 REN
▼ -0.43 %
This page provides information about the currency pair Moroccan Dirham/Ren, and more precisely about how much 1 Moroccan Dirham costs in Ren.
Data on the currency pair MAD/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 MAD/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 Moroccan Dirham/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 MAD/REN exchange rate over the past 30 days
For the last 30 days (04 17, 2024 — 05 16, 2024) the Moroccan Dirham exchange rate against the Ren currency changed by 5.77% (1.628971 REN — 1.722913 REN)
Change in the MAD/REN exchange rate over the past 90 days
For the last 90 days (02 17, 2024 — 05 16, 2024) the Moroccan Dirham exchange rate against the Ren currency changed by 15.61% (1.49026 REN — 1.722913 REN)
Change in the MAD/REN exchange rate over the past 365 days
For the last 365 days (05 18, 2023 — 05 16, 2024) the Moroccan Dirham exchange rate against the Ren currency changed by 41.47% (1.217863 REN — 1.722913 REN)
Change in the MAD/REN exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 16, 2024) the Moroccan Dirham exchange rate against the Ren currency changed by -3.51% (1.785589 REN — 1.722913 REN)
Moroccan Dirham/Ren price prediction
Moroccan Dirham/Ren price prediction for the next 30 days*
17/05 | 1.749958 REN | ▲ 1.57 % |
18/05 | 1.741948 REN | ▼ -0.46 % |
19/05 | 1.706341 REN | ▼ -2.04 % |
20/05 | 1.619876 REN | ▼ -5.07 % |
21/05 | 1.591225 REN | ▼ -1.77 % |
22/05 | 1.571841 REN | ▼ -1.22 % |
23/05 | 1.536675 REN | ▼ -2.24 % |
24/05 | 1.513245 REN | ▼ -1.52 % |
25/05 | 1.571856 REN | ▲ 3.87 % |
26/05 | 1.610562 REN | ▲ 2.46 % |
27/05 | 1.646969 REN | ▲ 2.26 % |
28/05 | 1.644994 REN | ▼ -0.12 % |
29/05 | 1.705797 REN | ▲ 3.7 % |
30/05 | 1.759062 REN | ▲ 3.12 % |
31/05 | 1.786298 REN | ▲ 1.55 % |
01/06 | 1.709932 REN | ▼ -4.28 % |
02/06 | 1.676686 REN | ▼ -1.94 % |
03/06 | 1.651863 REN | ▼ -1.48 % |
04/06 | 1.650378 REN | ▼ -0.09 % |
05/06 | 1.636858 REN | ▼ -0.82 % |
06/06 | 1.685068 REN | ▲ 2.95 % |
07/06 | 1.720992 REN | ▲ 2.13 % |
08/06 | 1.698829 REN | ▼ -1.29 % |
09/06 | 1.697695 REN | ▼ -0.07 % |
10/06 | 1.785215 REN | ▲ 5.16 % |
11/06 | 1.845041 REN | ▲ 3.35 % |
12/06 | 1.884753 REN | ▲ 2.15 % |
13/06 | 1.882711 REN | ▼ -0.11 % |
14/06 | 1.838435 REN | ▼ -2.35 % |
15/06 | 1.772669 REN | ▼ -3.58 % |
* — Price prediction of the Moroccan Dirham/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.
Moroccan Dirham/Ren price prediction for the next 3 months*
20/05 — 26/05 | 1.711515 REN | ▼ -0.66 % |
27/05 — 02/06 | 1.650172 REN | ▼ -3.58 % |
03/06 — 09/06 | 1.750354 REN | ▲ 6.07 % |
10/06 — 16/06 | 1.581656 REN | ▼ -9.64 % |
17/06 — 23/06 | 1.521513 REN | ▼ -3.8 % |
24/06 — 30/06 | 1.587423 REN | ▲ 4.33 % |
01/07 — 07/07 | 2.04327 REN | ▲ 28.72 % |
08/07 — 14/07 | 2.420053 REN | ▲ 18.44 % |
15/07 — 21/07 | 2.6737 REN | ▲ 10.48 % |
22/07 — 28/07 | 2.594151 REN | ▼ -2.98 % |
29/07 — 04/08 | 3.108804 REN | ▲ 19.84 % |
05/08 — 11/08 | 2.924693 REN | ▼ -5.92 % |
Moroccan Dirham/Ren price prediction for the next year*
06/2024 | 1.676754 REN | ▼ -2.68 % |
07/2024 | 1.78581 REN | ▲ 6.5 % |
08/2024 | 2.119003 REN | ▲ 18.66 % |
09/2024 | 1.977794 REN | ▼ -6.66 % |
10/2024 | 1.96988 REN | ▼ -0.4 % |
11/2024 | 1.59201 REN | ▼ -19.18 % |
12/2024 | 1.407155 REN | ▼ -11.61 % |
01/2025 | 1.860548 REN | ▲ 32.22 % |
02/2025 | 0.93556875 REN | ▼ -49.72 % |
03/2025 | 0.77164372 REN | ▼ -17.52 % |
04/2025 | 1.369169 REN | ▲ 77.44 % |
05/2025 | 1.362366 REN | ▼ -0.5 % |
Moroccan Dirham/Ren exchange rate statistics
For 30 days | |
---|---|
Minimum | 1.471424 REN |
Maximum | 1.812701 REN |
Weighted Average | 1.637832 REN |
For 90 days | |
Minimum | 0.298636 REN |
Maximum | 1.812701 REN |
Weighted Average | 1.320615 REN |
For 365 days | |
Minimum | 0.298636 REN |
Maximum | 2.337729 REN |
Weighted Average | 1.65269 REN |
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