Currency exchange rate Melon against the Naira. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Melon currency exchange rate against the Naira currency:
currency exchange rate history, background information, prediction and more about MLN/NGN
Chart of History of changes in the MLN/NGN exchange rate
MLN/NGN exchange rate on today
05 19, 2024
1 MLN = 30,219 NGN
▼ -2.4 %
This page provides information about the currency pair Melon/Naira, and more precisely about how much 1 Melon costs in Naira.
Data on the currency pair MLN/NGN 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 MLN/NGN 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 Melon/Naira, 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 MLN/NGN exchange rate over the past 30 days
For the last 30 days (04 20, 2024 — 05 19, 2024) the Melon exchange rate against the Naira currency changed by 18.13% (25,582 NGN — 30,219 NGN)
Change in the MLN/NGN exchange rate over the past 90 days
For the last 90 days (02 20, 2024 — 05 19, 2024) the Melon exchange rate against the Naira currency changed by 7.75% (28,046 NGN — 30,219 NGN)
Change in the MLN/NGN exchange rate over the past 365 days
For the last 365 days (05 21, 2023 — 05 19, 2024) the Melon exchange rate against the Naira currency changed by 249.84% (8,638 NGN — 30,219 NGN)
Change in the MLN/NGN exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 19, 2024) the Melon exchange rate against the Naira currency changed by 2802.65% (1,041 NGN — 30,219 NGN)
Melon/Naira price prediction
Melon/Naira price prediction for the next 30 days*
20/05 | 32,816 NGN | ▲ 8.59 % |
21/05 | 34,482 NGN | ▲ 5.08 % |
22/05 | 34,764 NGN | ▲ 0.82 % |
23/05 | 36,496 NGN | ▲ 4.98 % |
24/05 | 35,510 NGN | ▼ -2.7 % |
25/05 | 35,354 NGN | ▼ -0.44 % |
26/05 | 35,681 NGN | ▲ 0.93 % |
27/05 | 35,156 NGN | ▼ -1.47 % |
28/05 | 35,391 NGN | ▲ 0.67 % |
29/05 | 36,147 NGN | ▲ 2.14 % |
30/05 | 35,680 NGN | ▼ -1.29 % |
31/05 | 35,656 NGN | ▼ -0.07 % |
01/06 | 36,162 NGN | ▲ 1.42 % |
02/06 | 37,931 NGN | ▲ 4.89 % |
03/06 | 38,712 NGN | ▲ 2.06 % |
04/06 | 39,092 NGN | ▲ 0.98 % |
05/06 | 40,128 NGN | ▲ 2.65 % |
06/06 | 39,893 NGN | ▼ -0.59 % |
07/06 | 38,680 NGN | ▼ -3.04 % |
08/06 | 38,785 NGN | ▲ 0.27 % |
09/06 | 39,363 NGN | ▲ 1.49 % |
10/06 | 38,682 NGN | ▼ -1.73 % |
11/06 | 37,542 NGN | ▼ -2.95 % |
12/06 | 37,482 NGN | ▼ -0.16 % |
13/06 | 37,412 NGN | ▼ -0.19 % |
14/06 | 38,978 NGN | ▲ 4.19 % |
15/06 | 40,659 NGN | ▲ 4.31 % |
16/06 | 41,334 NGN | ▲ 1.66 % |
17/06 | 39,724 NGN | ▼ -3.89 % |
18/06 | 37,845 NGN | ▼ -4.73 % |
* — Price prediction of the Melon/Naira 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.
Melon/Naira price prediction for the next 3 months*
20/05 — 26/05 | 30,055 NGN | ▼ -0.54 % |
27/05 — 02/06 | 34,403 NGN | ▲ 14.46 % |
03/06 — 09/06 | 30,704 NGN | ▼ -10.75 % |
10/06 — 16/06 | 32,731 NGN | ▲ 6.6 % |
17/06 — 23/06 | 31,062 NGN | ▼ -5.1 % |
24/06 — 30/06 | 29,209 NGN | ▼ -5.97 % |
01/07 — 07/07 | 20,765 NGN | ▼ -28.91 % |
08/07 — 14/07 | 23,404 NGN | ▲ 12.71 % |
15/07 — 21/07 | 23,973 NGN | ▲ 2.43 % |
22/07 — 28/07 | 26,263 NGN | ▲ 9.55 % |
29/07 — 04/08 | 24,488 NGN | ▼ -6.76 % |
05/08 — 11/08 | 25,201 NGN | ▲ 2.91 % |
Melon/Naira price prediction for the next year*
06/2024 | 30,359 NGN | ▲ 0.46 % |
07/2024 | 33,723 NGN | ▲ 11.08 % |
08/2024 | 23,559 NGN | ▼ -30.14 % |
09/2024 | 24,501 NGN | ▲ 4 % |
10/2024 | 25,738 NGN | ▲ 5.05 % |
11/2024 | 24,453 NGN | ▼ -4.99 % |
12/2024 | 37,230 NGN | ▲ 52.25 % |
01/2025 | 38,023 NGN | ▲ 2.13 % |
02/2025 | 67,296 NGN | ▲ 76.99 % |
03/2025 | 72,430 NGN | ▲ 7.63 % |
04/2025 | 53,186 NGN | ▼ -26.57 % |
05/2025 | 57,311 NGN | ▲ 7.76 % |
Melon/Naira exchange rate statistics
For 30 days | |
---|---|
Minimum | 25,582 NGN |
Maximum | 33,425 NGN |
Weighted Average | 29,656 NGN |
For 90 days | |
Minimum | 23,480 NGN |
Maximum | 45,970 NGN |
Weighted Average | 32,010 NGN |
For 365 days | |
Minimum | 6,832 NGN |
Maximum | 45,970 NGN |
Weighted Average | 18,284 NGN |
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