Currency exchange rate Malagasy Ariary against the Metal. 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 Metal currency:
currency exchange rate history, background information, prediction and more about MGA/MTL
Chart of History of changes in the MGA/MTL exchange rate
MGA/MTL exchange rate on today
05 24, 2024
1 MGA = 0.00011898 MTL
▼ -4.34 %
This page provides information about the currency pair Malagasy Ariary/Metal, and more precisely about how much 1 Malagasy Ariary costs in Metal.
Data on the currency pair MGA/MTL 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/MTL 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/Metal, 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/MTL exchange rate over the past 30 days
For the last 30 days (04 25, 2024 — 05 24, 2024) the Malagasy Ariary exchange rate against the Metal currency changed by -12.78% (0.00013642 MTL — 0.00011898 MTL)
Change in the MGA/MTL exchange rate over the past 90 days
For the last 90 days (02 25, 2024 — 05 24, 2024) the Malagasy Ariary exchange rate against the Metal currency changed by -10.84% (0.00013345 MTL — 0.00011898 MTL)
Change in the MGA/MTL exchange rate over the past 365 days
For the last 365 days (05 26, 2023 — 05 24, 2024) the Malagasy Ariary exchange rate against the Metal currency changed by -44.53% (0.00021451 MTL — 0.00011898 MTL)
Change in the MGA/MTL exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 24, 2024) the Malagasy Ariary exchange rate against the Metal currency changed by -88.67% (0.00105032 MTL — 0.00011898 MTL)
Malagasy Ariary/Metal price prediction
Malagasy Ariary/Metal price prediction for the next 30 days*
25/05 | 0.00012206 MTL | ▲ 2.58 % |
26/05 | 0.00011647 MTL | ▼ -4.58 % |
27/05 | 0.00011854 MTL | ▲ 1.77 % |
28/05 | 0.00011779 MTL | ▼ -0.63 % |
29/05 | 0.00012332 MTL | ▲ 4.7 % |
30/05 | 0.00012746 MTL | ▲ 3.36 % |
31/05 | 0.0001286 MTL | ▲ 0.89 % |
01/06 | 0.00012735 MTL | ▼ -0.97 % |
02/06 | 0.00012475 MTL | ▼ -2.04 % |
03/06 | 0.00012232 MTL | ▼ -1.95 % |
04/06 | 0.00012202 MTL | ▼ -0.25 % |
05/06 | 0.00012121 MTL | ▼ -0.67 % |
06/06 | 0.00012097 MTL | ▼ -0.2 % |
07/06 | 0.00011812 MTL | ▼ -2.35 % |
08/06 | 0.00011475 MTL | ▼ -2.86 % |
09/06 | 0.00010998 MTL | ▼ -4.16 % |
10/06 | 0.00011219 MTL | ▲ 2.01 % |
11/06 | 0.00011474 MTL | ▲ 2.28 % |
12/06 | 0.0001178 MTL | ▲ 2.66 % |
13/06 | 0.00011785 MTL | ▲ 0.04 % |
14/06 | 0.00011131 MTL | ▼ -5.55 % |
15/06 | 0.0001085 MTL | ▼ -2.52 % |
16/06 | 0.00010409 MTL | ▼ -4.07 % |
17/06 | 0.00010287 MTL | ▼ -1.17 % |
18/06 | 0.00010643 MTL | ▲ 3.46 % |
19/06 | 0.00010574 MTL | ▼ -0.65 % |
20/06 | 0.0001002 MTL | ▼ -5.24 % |
21/06 | 0.00010002 MTL | ▼ -0.18 % |
22/06 | 0.0001048 MTL | ▲ 4.78 % |
23/06 | 0.00010436 MTL | ▼ -0.42 % |
* — Price prediction of the Malagasy Ariary/Metal 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/Metal price prediction for the next 3 months*
27/05 — 02/06 | 0.0001201 MTL | ▲ 0.94 % |
03/06 — 09/06 | 0.00013739 MTL | ▲ 14.39 % |
10/06 — 16/06 | 0.00013166 MTL | ▼ -4.17 % |
17/06 — 23/06 | 0.00013374 MTL | ▲ 1.59 % |
24/06 — 30/06 | 0.00013733 MTL | ▲ 2.68 % |
01/07 — 07/07 | 0.00017817 MTL | ▲ 29.74 % |
08/07 — 14/07 | 0.00016498 MTL | ▼ -7.4 % |
15/07 — 21/07 | 0.00017045 MTL | ▲ 3.31 % |
22/07 — 28/07 | 0.00016738 MTL | ▼ -1.8 % |
29/07 — 04/08 | 0.00016353 MTL | ▼ -2.3 % |
05/08 — 11/08 | 0.00015093 MTL | ▼ -7.71 % |
12/08 — 18/08 | 0.00014956 MTL | ▼ -0.91 % |
Malagasy Ariary/Metal price prediction for the next year*
06/2024 | 0.00012048 MTL | ▲ 1.26 % |
07/2024 | 0.00011233 MTL | ▼ -6.76 % |
08/2024 | 0.00013559 MTL | ▲ 20.7 % |
09/2024 | 0.00011222 MTL | ▼ -17.23 % |
10/2024 | 0.00008674 MTL | ▼ -22.71 % |
11/2024 | 0.00008427 MTL | ▼ -2.85 % |
12/2024 | 0.00008174 MTL | ▼ -3 % |
01/2025 | 0.00009139 MTL | ▲ 11.81 % |
02/2025 | 0.00009872 MTL | ▲ 8.02 % |
03/2025 | 0.0000539 MTL | ▼ -45.4 % |
04/2025 | 0.00007477 MTL | ▲ 38.72 % |
05/2025 | 0.00005834 MTL | ▼ -21.98 % |
Malagasy Ariary/Metal exchange rate statistics
For 30 days | |
---|---|
Minimum | 0.00011518 MTL |
Maximum | 0.00013635 MTL |
Weighted Average | 0.00012774 MTL |
For 90 days | |
Minimum | 0.00008388 MTL |
Maximum | 0.00022282 MTL |
Weighted Average | 0.00011914 MTL |
For 365 days | |
Minimum | 0.00008388 MTL |
Maximum | 0.00039681 MTL |
Weighted Average | 0.0001503 MTL |
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