Currency exchange rate Malaysian Ringgit against the Venezuelan Bolivar. 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 Venezuelan Bolivar currency:
currency exchange rate history, background information, prediction and more about MYR/VEF
Chart of History of changes in the MYR/VEF exchange rate
MYR/VEF exchange rate on today
05 28, 2024
1 MYR = 837,992 VEF
▲ 0.07 %
This page provides information about the currency pair Malaysian Ringgit/Venezuelan Bolivar, and more precisely about how much 1 Malaysian Ringgit costs in Venezuelan Bolivar.
Data on the currency pair MYR/VEF 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/VEF 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/Venezuelan Bolivar, 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/VEF exchange rate over the past 30 days
For the last 30 days (04 29, 2024 — 05 28, 2024) the Malaysian Ringgit exchange rate against the Venezuelan Bolivar currency changed by 2.97% (813,786 VEF — 837,992 VEF)
Change in the MYR/VEF exchange rate over the past 90 days
For the last 90 days (02 29, 2024 — 05 28, 2024) the Malaysian Ringgit exchange rate against the Venezuelan Bolivar currency changed by 2.15% (820,372 VEF — 837,992 VEF)
Change in the MYR/VEF exchange rate over the past 365 days
For the last 365 days (05 30, 2023 — 05 28, 2024) the Malaysian Ringgit exchange rate against the Venezuelan Bolivar currency changed by 38.77% (603,889 VEF — 837,992 VEF)
Change in the MYR/VEF exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 28, 2024) the Malaysian Ringgit exchange rate against the Venezuelan Bolivar currency changed by 33091381.53% (2.53 VEF — 837,992 VEF)
Malaysian Ringgit/Venezuelan Bolivar price prediction
Malaysian Ringgit/Venezuelan Bolivar price prediction for the next 30 days*
29/05 | 838,730 VEF | ▲ 0.09 % |
30/05 | 835,657 VEF | ▼ -0.37 % |
31/05 | 835,341 VEF | ▼ -0.04 % |
01/06 | 839,401 VEF | ▲ 0.49 % |
02/06 | 846,434 VEF | ▲ 0.84 % |
03/06 | 847,805 VEF | ▲ 0.16 % |
04/06 | 847,529 VEF | ▼ -0.03 % |
05/06 | 847,511 VEF | ▼ -0 % |
06/06 | 847,107 VEF | ▼ -0.05 % |
07/06 | 845,398 VEF | ▼ -0.2 % |
08/06 | 847,810 VEF | ▲ 0.29 % |
09/06 | 850,388 VEF | ▲ 0.3 % |
10/06 | 850,825 VEF | ▲ 0.05 % |
11/06 | 850,193 VEF | ▼ -0.07 % |
12/06 | 850,656 VEF | ▲ 0.05 % |
13/06 | 855,024 VEF | ▲ 0.51 % |
14/06 | 861,451 VEF | ▲ 0.75 % |
15/06 | 867,308 VEF | ▲ 0.68 % |
16/06 | 867,403 VEF | ▲ 0.01 % |
17/06 | 868,460 VEF | ▲ 0.12 % |
18/06 | 867,314 VEF | ▼ -0.13 % |
19/06 | 866,946 VEF | ▼ -0.04 % |
20/06 | 864,078 VEF | ▼ -0.33 % |
21/06 | 862,325 VEF | ▼ -0.2 % |
22/06 | 859,305 VEF | ▼ -0.35 % |
23/06 | 858,447 VEF | ▼ -0.1 % |
24/06 | 860,916 VEF | ▲ 0.29 % |
25/06 | 860,603 VEF | ▼ -0.04 % |
26/06 | 862,902 VEF | ▲ 0.27 % |
27/06 | 865,638 VEF | ▲ 0.32 % |
* — Price prediction of the Malaysian Ringgit/Venezuelan Bolivar 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/Venezuelan Bolivar price prediction for the next 3 months*
03/06 — 09/06 | 835,702 VEF | ▼ -0.27 % |
10/06 — 16/06 | 830,088 VEF | ▼ -0.67 % |
17/06 — 23/06 | 823,713 VEF | ▼ -0.77 % |
24/06 — 30/06 | 826,577 VEF | ▲ 0.35 % |
01/07 — 07/07 | 803,845 VEF | ▼ -2.75 % |
08/07 — 14/07 | 804,381 VEF | ▲ 0.07 % |
15/07 — 21/07 | 811,894 VEF | ▲ 0.93 % |
22/07 — 28/07 | 820,436 VEF | ▲ 1.05 % |
29/07 — 04/08 | 821,536 VEF | ▲ 0.13 % |
05/08 — 11/08 | 837,877 VEF | ▲ 1.99 % |
12/08 — 18/08 | 832,983 VEF | ▼ -0.58 % |
19/08 — 25/08 | 835,877 VEF | ▲ 0.35 % |
Malaysian Ringgit/Venezuelan Bolivar price prediction for the next year*
06/2024 | 843,507 VEF | ▲ 0.66 % |
07/2024 | 929,881 VEF | ▲ 10.24 % |
08/2024 | 982,830 VEF | ▲ 5.69 % |
09/2024 | 1,007,595 VEF | ▲ 2.52 % |
10/2024 | 1,016,228 VEF | ▲ 0.86 % |
11/2024 | 1,084,876 VEF | ▲ 6.76 % |
12/2024 | 1,138,692 VEF | ▲ 4.96 % |
01/2025 | 1,081,593 VEF | ▼ -5.01 % |
02/2025 | 1,075,525 VEF | ▼ -0.56 % |
03/2025 | 1,076,945 VEF | ▲ 0.13 % |
04/2025 | 1,054,123 VEF | ▼ -2.12 % |
05/2025 | 1,087,915 VEF | ▲ 3.21 % |
Malaysian Ringgit/Venezuelan Bolivar exchange rate statistics
For 30 days | |
---|---|
Minimum | 812,428 VEF |
Maximum | 841,929 VEF |
Weighted Average | 828,644 VEF |
For 90 days | |
Minimum | 803,298 VEF |
Maximum | 844,687 VEF |
Weighted Average | 826,146 VEF |
For 365 days | |
Minimum | 606,566 VEF |
Maximum | 862,832 VEF |
Weighted Average | 780,162 VEF |
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