Currency exchange rate Rufiyaa 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 Rufiyaa currency exchange rate against the Ren currency:
currency exchange rate history, background information, prediction and more about MVR/REN
Chart of History of changes in the MVR/REN exchange rate
MVR/REN exchange rate on today
05 16, 2024
1 MVR = 1.116123 REN
▲ 0.02 %
This page provides information about the currency pair Rufiyaa/Ren, and more precisely about how much 1 Rufiyaa costs in Ren.
Data on the currency pair MVR/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 MVR/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 Rufiyaa/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 MVR/REN exchange rate over the past 30 days
For the last 30 days (04 17, 2024 — 05 16, 2024) the Rufiyaa exchange rate against the Ren currency changed by 4.04% (1.072793 REN — 1.116123 REN)
Change in the MVR/REN exchange rate over the past 90 days
For the last 90 days (02 17, 2024 — 05 16, 2024) the Rufiyaa exchange rate against the Ren currency changed by 14.64% (0.97356496 REN — 1.116123 REN)
Change in the MVR/REN exchange rate over the past 365 days
For the last 365 days (05 18, 2023 — 05 16, 2024) the Rufiyaa exchange rate against the Ren currency changed by 39.02% (0.80286542 REN — 1.116123 REN)
Change in the MVR/REN exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 16, 2024) the Rufiyaa exchange rate against the Ren currency changed by -5.92% (1.186293 REN — 1.116123 REN)
Rufiyaa/Ren price prediction
Rufiyaa/Ren price prediction for the next 30 days*
17/05 | 1.132127 REN | ▲ 1.43 % |
18/05 | 1.122823 REN | ▼ -0.82 % |
19/05 | 1.103796 REN | ▼ -1.69 % |
20/05 | 1.042878 REN | ▼ -5.52 % |
21/05 | 1.024455 REN | ▼ -1.77 % |
22/05 | 1.014202 REN | ▼ -1 % |
23/05 | 0.99159983 REN | ▼ -2.23 % |
24/05 | 0.97505419 REN | ▼ -1.67 % |
25/05 | 1.013832 REN | ▲ 3.98 % |
26/05 | 1.035087 REN | ▲ 2.1 % |
27/05 | 1.060708 REN | ▲ 2.48 % |
28/05 | 1.059435 REN | ▼ -0.12 % |
29/05 | 1.097637 REN | ▲ 3.61 % |
30/05 | 1.132666 REN | ▲ 3.19 % |
31/05 | 1.16695 REN | ▲ 3.03 % |
01/06 | 1.164595 REN | ▼ -0.2 % |
02/06 | 1.102806 REN | ▼ -5.31 % |
03/06 | 1.07015 REN | ▼ -2.96 % |
04/06 | 1.069704 REN | ▼ -0.04 % |
05/06 | 1.054639 REN | ▼ -1.41 % |
06/06 | 1.075602 REN | ▲ 1.99 % |
07/06 | 1.09985 REN | ▲ 2.25 % |
08/06 | 1.08613 REN | ▼ -1.25 % |
09/06 | 1.082986 REN | ▼ -0.29 % |
10/06 | 1.138865 REN | ▲ 5.16 % |
11/06 | 1.177571 REN | ▲ 3.4 % |
12/06 | 1.204559 REN | ▲ 2.29 % |
13/06 | 1.201743 REN | ▼ -0.23 % |
14/06 | 1.167925 REN | ▼ -2.81 % |
15/06 | 1.120173 REN | ▼ -4.09 % |
* — Price prediction of the Rufiyaa/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.
Rufiyaa/Ren price prediction for the next 3 months*
20/05 — 26/05 | 1.111449 REN | ▼ -0.42 % |
27/05 — 02/06 | 1.067324 REN | ▼ -3.97 % |
03/06 — 09/06 | 1.133627 REN | ▲ 6.21 % |
10/06 — 16/06 | 1.029107 REN | ▼ -9.22 % |
17/06 — 23/06 | 0.9885185 REN | ▼ -3.94 % |
24/06 — 30/06 | 1.026878 REN | ▲ 3.88 % |
01/07 — 07/07 | 1.705767 REN | ▲ 66.11 % |
08/07 — 14/07 | 1.606206 REN | ▼ -5.84 % |
15/07 — 21/07 | 1.768699 REN | ▲ 10.12 % |
22/07 — 28/07 | 1.717536 REN | ▼ -2.89 % |
29/07 — 04/08 | 2.037794 REN | ▲ 18.65 % |
05/08 — 11/08 | 1.896098 REN | ▼ -6.95 % |
Rufiyaa/Ren price prediction for the next year*
06/2024 | 1.078547 REN | ▼ -3.37 % |
07/2024 | 1.144078 REN | ▲ 6.08 % |
08/2024 | 1.393721 REN | ▲ 21.82 % |
09/2024 | 1.313607 REN | ▼ -5.75 % |
10/2024 | 1.308515 REN | ▼ -0.39 % |
11/2024 | 1.03135 REN | ▼ -21.18 % |
12/2024 | 0.90015139 REN | ▼ -12.72 % |
01/2025 | 1.202573 REN | ▲ 33.6 % |
02/2025 | 0.61185598 REN | ▼ -49.12 % |
03/2025 | 0.50235103 REN | ▼ -17.9 % |
04/2025 | 0.90903453 REN | ▲ 80.96 % |
05/2025 | 0.86347595 REN | ▼ -5.01 % |
Rufiyaa/Ren exchange rate statistics
For 30 days | |
---|---|
Minimum | 0.96597137 REN |
Maximum | 1.175873 REN |
Weighted Average | 1.072962 REN |
For 90 days | |
Minimum | 0.59448508 REN |
Maximum | 1.175873 REN |
Weighted Average | 0.86530952 REN |
For 365 days | |
Minimum | 0.59448508 REN |
Maximum | 1.561185 REN |
Weighted Average | 1.081665 REN |
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