Currency exchange rate Malaysian Ringgit 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 Malaysian Ringgit currency exchange rate against the Ren currency:
currency exchange rate history, background information, prediction and more about MYR/REN
Chart of History of changes in the MYR/REN exchange rate
MYR/REN exchange rate on today
05 11, 2024
1 MYR = 3.663498 REN
▲ 1.17 %
This page provides information about the currency pair Malaysian Ringgit/Ren, and more precisely about how much 1 Malaysian Ringgit costs in Ren.
Data on the currency pair MYR/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 MYR/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 Malaysian Ringgit/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 MYR/REN exchange rate over the past 30 days
For the last 30 days (04 12, 2024 — 05 11, 2024) the Malaysian Ringgit exchange rate against the Ren currency changed by 58.64% (2.309289 REN — 3.663498 REN)
Change in the MYR/REN exchange rate over the past 90 days
For the last 90 days (02 12, 2024 — 05 11, 2024) the Malaysian Ringgit exchange rate against the Ren currency changed by 2.13% (3.587244 REN — 3.663498 REN)
Change in the MYR/REN exchange rate over the past 365 days
For the last 365 days (05 13, 2023 — 05 11, 2024) the Malaysian Ringgit exchange rate against the Ren currency changed by 24.22% (2.94921 REN — 3.663498 REN)
Change in the MYR/REN exchange rate for all time
For all the time our site has been running (02 19, 2018 — 05 11, 2024) the Malaysian Ringgit exchange rate against the Ren currency changed by 40.99% (2.598483 REN — 3.663498 REN)
Malaysian Ringgit/Ren price prediction
Malaysian Ringgit/Ren price prediction for the next 30 days*
12/05 | 4.45701 REN | ▲ 21.66 % |
13/05 | 5.750766 REN | ▲ 29.03 % |
14/05 | 5.8503 REN | ▲ 1.73 % |
15/05 | 5.632499 REN | ▼ -3.72 % |
16/05 | 5.787622 REN | ▲ 2.75 % |
17/05 | 5.872897 REN | ▲ 1.47 % |
18/05 | 5.833473 REN | ▼ -0.67 % |
19/05 | 5.75206 REN | ▼ -1.4 % |
20/05 | 5.420632 REN | ▼ -5.76 % |
21/05 | 5.343188 REN | ▼ -1.43 % |
22/05 | 5.264689 REN | ▼ -1.47 % |
23/05 | 5.139317 REN | ▼ -2.38 % |
24/05 | 5.047147 REN | ▼ -1.79 % |
25/05 | 5.290996 REN | ▲ 4.83 % |
26/05 | 5.420943 REN | ▲ 2.46 % |
27/05 | 5.546915 REN | ▲ 2.32 % |
28/05 | 5.542386 REN | ▼ -0.08 % |
29/05 | 5.790926 REN | ▲ 4.48 % |
30/05 | 6.099134 REN | ▲ 5.32 % |
31/05 | 6.198776 REN | ▲ 1.63 % |
01/06 | 5.967207 REN | ▼ -3.74 % |
02/06 | 5.903179 REN | ▼ -1.07 % |
03/06 | 5.828099 REN | ▼ -1.27 % |
04/06 | 5.826171 REN | ▼ -0.03 % |
05/06 | 5.761981 REN | ▼ -1.1 % |
06/06 | 5.940673 REN | ▲ 3.1 % |
07/06 | 6.074694 REN | ▲ 2.26 % |
08/06 | 6.026376 REN | ▼ -0.8 % |
09/06 | 6.016153 REN | ▼ -0.17 % |
10/06 | 6.267857 REN | ▲ 4.18 % |
* — Price prediction of the Malaysian Ringgit/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.
Malaysian Ringgit/Ren price prediction for the next 3 months*
13/05 — 19/05 | 3.707219 REN | ▲ 1.19 % |
20/05 — 26/05 | 3.063203 REN | ▼ -17.37 % |
27/05 — 02/06 | 2.920687 REN | ▼ -4.65 % |
03/06 — 09/06 | 3.073991 REN | ▲ 5.25 % |
10/06 — 16/06 | 2.924242 REN | ▼ -4.87 % |
17/06 — 23/06 | 2.797956 REN | ▼ -4.32 % |
24/06 — 30/06 | 2.882155 REN | ▲ 3.01 % |
01/07 — 07/07 | 4.902165 REN | ▲ 70.09 % |
08/07 — 14/07 | 4.55402 REN | ▼ -7.1 % |
15/07 — 21/07 | 5.029898 REN | ▲ 10.45 % |
22/07 — 28/07 | 4.867776 REN | ▼ -3.22 % |
29/07 — 04/08 | 5.351024 REN | ▲ 9.93 % |
Malaysian Ringgit/Ren price prediction for the next year*
06/2024 | 3.590912 REN | ▼ -1.98 % |
07/2024 | 4.127396 REN | ▲ 14.94 % |
08/2024 | 5.264449 REN | ▲ 27.55 % |
09/2024 | 4.876327 REN | ▼ -7.37 % |
10/2024 | 4.757653 REN | ▼ -2.43 % |
11/2024 | 3.916134 REN | ▼ -17.69 % |
12/2024 | 3.182878 REN | ▼ -18.72 % |
01/2025 | 4.391076 REN | ▲ 37.96 % |
02/2025 | 2.778402 REN | ▼ -36.73 % |
03/2025 | 2.232033 REN | ▼ -19.66 % |
04/2025 | 4.591717 REN | ▲ 105.72 % |
05/2025 | 4.497469 REN | ▼ -2.05 % |
Malaysian Ringgit/Ren exchange rate statistics
For 30 days | |
---|---|
Minimum | 3.001023 REN |
Maximum | 3.621341 REN |
Weighted Average | 3.385523 REN |
For 90 days | |
Minimum | 1.968738 REN |
Maximum | 3.621341 REN |
Weighted Average | 2.782214 REN |
For 365 days | |
Minimum | 1.968738 REN |
Maximum | 5.043856 REN |
Weighted Average | 3.541263 REN |
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