Currency exchange rate Malagasy Ariary against the Tokes. 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 Tokes currency:
currency exchange rate history, background information, prediction and more about MGA/TKS

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

MGA/TKS exchange rate on today

06 03, 2024
1 MGA = 0.0145263 TKS
▼ -0.53 %

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

Data on the currency pair MGA/TKS 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/TKS 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/Tokes, 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 MGA/TKS exchange rate over the past 30 days

For the last 30 days (05 05, 2024 — 06 03, 2024) the Malagasy Ariary exchange rate against the Tokes currency changed by -26.33% (0.01971757 TKS — 0.0145263 TKS)

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

For the last 90 days (03 09, 2024 — 06 03, 2024) the Malagasy Ariary exchange rate against the Tokes currency changed by -93.45% (0.22174806 TKS — 0.0145263 TKS)

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

For the last 365 days (07 25, 2023 — 06 03, 2024) the Malagasy Ariary exchange rate against the Tokes currency changed by -87.12% (0.11279263 TKS — 0.0145263 TKS)

Change in the MGA/TKS exchange rate for all time

For all the time our site has been running (09 17, 2020 — 06 03, 2024) the Malagasy Ariary exchange rate against the Tokes currency changed by -77.27% (0.06390196 TKS — 0.0145263 TKS)

Malagasy Ariary/Tokes price prediction

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

05/06 0.01452108 TKS ▼ -0.04 %
06/06 0.0109502 TKS ▼ -24.59 %
07/06 0.00651584 TKS ▼ -40.5 %
08/06 0.0065032 TKS ▼ -0.19 %
09/06 0.00650365 TKS ▲ 0.01 %
10/06 0.00652863 TKS ▲ 0.38 %
11/06 0.00652669 TKS ▼ -0.03 %
12/06 0.00652419 TKS ▼ -0.04 %
13/06 0.00923885 TKS ▲ 41.61 %
14/06 0.01241978 TKS ▲ 34.43 %
15/06 0.01240764 TKS ▼ -0.1 %
16/06 0.01243722 TKS ▲ 0.24 %
17/06 0.01231597 TKS ▼ -0.97 %
18/06 0.01230744 TKS ▼ -0.07 %
19/06 0.01237625 TKS ▲ 0.56 %
20/06 0.01228817 TKS ▼ -0.71 %
21/06 0.0101242 TKS ▼ -17.61 %
22/06 0.00693577 TKS ▼ -31.49 %
23/06 0.00694081 TKS ▲ 0.07 %
24/06 0.00693353 TKS ▼ -0.1 %
25/06 0.00943331 TKS ▲ 36.05 %
26/06 0.01285199 TKS ▲ 36.24 %
27/06 0.01284348 TKS ▼ -0.07 %
28/06 0.01280943 TKS ▼ -0.27 %
29/06 0.01049816 TKS ▼ -18.04 %
30/06 0.01045568 TKS ▼ -0.4 %
01/07 0.01240813 TKS ▲ 18.67 %
02/07 0.01092483 TKS ▼ -11.95 %
03/07 0.00973757 TKS ▼ -10.87 %
04/07 0.00974602 TKS ▲ 0.09 %

* — Price prediction of the Malagasy Ariary/Tokes 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/Tokes price prediction for the next 3 months*

10/06 — 16/06 0.01451469 TKS ▼ -0.08 %
17/06 — 23/06 0.00066655 TKS ▼ -95.41 %
24/06 — 30/06 0.00083903 TKS ▲ 25.88 %
01/07 — 07/07 0.0005516 TKS ▼ -34.26 %
08/07 — 14/07 0.00124512 TKS ▲ 125.73 %
15/07 — 21/07 -0.0000723 TKS ▼ -105.81 %
22/07 — 28/07 -0.00012185 TKS ▲ 68.53 %
29/07 — 04/08 -0.0001853 TKS ▲ 52.07 %
05/08 — 11/08 -0.0001745 TKS ▼ -5.83 %
12/08 — 18/08 -0.00022796 TKS ▲ 30.64 %
19/08 — 25/08 -0.00023029 TKS ▲ 1.02 %
26/08 — 01/09 -0.00018169 TKS ▼ -21.1 %

Malagasy Ariary/Tokes price prediction for the next year*

07/2024 0.01448525 TKS ▼ -0.28 %
08/2024 0.01643834 TKS ▲ 13.48 %
09/2024 0.01629241 TKS ▼ -0.89 %
10/2024 0.01204799 TKS ▼ -26.05 %
11/2024 0.01162834 TKS ▼ -3.48 %
12/2024 0.02539762 TKS ▲ 118.41 %
12/2024 0.02460177 TKS ▼ -3.13 %
01/2025 0.02472477 TKS ▲ 0.5 %
03/2025 0.00867323 TKS ▼ -64.92 %
03/2025 0.00131345 TKS ▼ -84.86 %
04/2025 0.00228437 TKS ▲ 73.92 %
05/2025 0.00196424 TKS ▼ -14.01 %

Malagasy Ariary/Tokes exchange rate statistics

For 30 days
Minimum 0.00960535 TKS
Maximum 0.01971622 TKS
Weighted Average 0.01460227 TKS
For 90 days
Minimum 0.00675183 TKS
Maximum 0.22469007 TKS
Weighted Average 0.05180127 TKS
For 365 days
Minimum 0.00675183 TKS
Maximum 0.3376549 TKS
Weighted Average 0.1291303 TKS

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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