Currency exchange rate Malagasy Ariary 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 Malagasy Ariary currency exchange rate against the Dropil currency:
currency exchange rate history, background information, prediction and more about MGA/DROP
Chart of History of changes in the MGA/DROP exchange rate
MGA/DROP exchange rate on today
10 23, 2020
1 MGA = 11.1706 DROP
▲ 0.89 %
This page provides information about the currency pair Malagasy Ariary/Dropil, and more precisely about how much 1 Malagasy Ariary costs in Dropil.
Data on the currency pair MGA/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 MGA/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 Malagasy Ariary/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 MGA/DROP exchange rate over the past 30 days
For the last 30 days (09 24, 2020 — 10 23, 2020) the Malagasy Ariary exchange rate against the Dropil currency changed by 1.03% (11.0571 DROP — 11.1706 DROP)
Change in the MGA/DROP exchange rate over the past 90 days
For the last 90 days (07 26, 2020 — 10 23, 2020) the Malagasy Ariary exchange rate against the Dropil currency changed by -70.4% (37.7402 DROP — 11.1706 DROP)
Change in the MGA/DROP exchange rate over the past 365 days
For the last 365 days (04 10, 2020 — 10 23, 2020) the Malagasy Ariary exchange rate against the Dropil currency changed by 153.29% (4.410237 DROP — 11.1706 DROP)
Change in the MGA/DROP exchange rate for all time
For all the time our site has been running (04 10, 2020 — 10 23, 2020) the Malagasy Ariary exchange rate against the Dropil currency changed by 153.29% (4.410237 DROP — 11.1706 DROP)
Malagasy Ariary/Dropil price prediction
Malagasy Ariary/Dropil price prediction for the next 30 days*
16/05 | 11.1898 DROP | ▲ 0.17 % |
17/05 | 14.1135 DROP | ▲ 26.13 % |
18/05 | 12.1096 DROP | ▼ -14.2 % |
19/05 | 12.1096 DROP | ▲ 0 % |
20/05 | 12.1103 DROP | ▲ 0.01 % |
21/05 | 12.1121 DROP | ▲ 0.01 % |
22/05 | 12.0804 DROP | ▼ -0.26 % |
23/05 | 12.0665 DROP | ▼ -0.12 % |
24/05 | 13.9422 DROP | ▲ 15.54 % |
25/05 | 15.2004 DROP | ▲ 9.02 % |
26/05 | 15.1224 DROP | ▼ -0.51 % |
27/05 | 14.9596 DROP | ▼ -1.08 % |
28/05 | 15.3118 DROP | ▲ 2.35 % |
29/05 | 15.7221 DROP | ▲ 2.68 % |
30/05 | 15.4946 DROP | ▼ -1.45 % |
31/05 | 14.9639 DROP | ▼ -3.43 % |
01/06 | 14.5495 DROP | ▼ -2.77 % |
02/06 | 14.4736 DROP | ▼ -0.52 % |
03/06 | 14.0598 DROP | ▼ -2.86 % |
04/06 | 13.9718 DROP | ▼ -0.63 % |
05/06 | 14.0512 DROP | ▲ 0.57 % |
06/06 | 14.1832 DROP | ▲ 0.94 % |
07/06 | 14.3911 DROP | ▲ 1.47 % |
08/06 | 14.559 DROP | ▲ 1.17 % |
09/06 | 14.3247 DROP | ▼ -1.61 % |
10/06 | 14.0227 DROP | ▼ -2.11 % |
11/06 | 14.1543 DROP | ▲ 0.94 % |
12/06 | 13.8658 DROP | ▼ -2.04 % |
13/06 | 13.1488 DROP | ▼ -5.17 % |
14/06 | 12.914 DROP | ▼ -1.79 % |
* — Price prediction of the Malagasy Ariary/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.
Malagasy Ariary/Dropil price prediction for the next 3 months*
20/05 — 26/05 | 11.1318 DROP | ▼ -0.35 % |
27/05 — 02/06 | 11.1086 DROP | ▼ -0.21 % |
03/06 — 09/06 | 3.438401 DROP | ▼ -69.05 % |
10/06 — 16/06 | 3.398507 DROP | ▼ -1.16 % |
17/06 — 23/06 | 3.413989 DROP | ▲ 0.46 % |
24/06 — 30/06 | 3.406193 DROP | ▼ -0.23 % |
01/07 — 07/07 | 3.397671 DROP | ▼ -0.25 % |
08/07 — 14/07 | 3.375906 DROP | ▼ -0.64 % |
15/07 — 21/07 | 3.93708 DROP | ▲ 16.62 % |
22/07 — 28/07 | 3.715613 DROP | ▼ -5.63 % |
29/07 — 04/08 | 3.710253 DROP | ▼ -0.14 % |
05/08 — 11/08 | 3.414664 DROP | ▼ -7.97 % |
Malagasy Ariary/Dropil price prediction for the next year*
06/2024 | 158.45 DROP | ▲ 1318.47 % |
07/2024 | 128.82 DROP | ▼ -18.7 % |
08/2024 | 145.59 DROP | ▲ 13.02 % |
09/2024 | 87.2455 DROP | ▼ -40.07 % |
10/2024 | 43.1986 DROP | ▼ -50.49 % |
11/2024 | 42.6708 DROP | ▼ -1.22 % |
12/2024 | 44.2402 DROP | ▲ 3.68 % |
Malagasy Ariary/Dropil exchange rate statistics
For 30 days | |
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Minimum | 10.9071 DROP |
Maximum | 21.5198 DROP |
Weighted Average | 12.2377 DROP |
For 90 days | |
Minimum | 10.8858 DROP |
Maximum | 38.0892 DROP |
Weighted Average | 18.3438 DROP |
For 365 days | |
Minimum | 4.450908 DROP |
Maximum | 134.94 DROP |
Weighted Average | 31.4228 DROP |
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