Currency exchange rate Neumark against the Magi. Chart, history price and prediction on tomorrow, next month, 2024 year

On this page, you can always find detailed information about the Neumark currency exchange rate against the Magi currency:
currency exchange rate history, background information, prediction and more about NEU/XMG

Chart of History of changes in the NEU/XMG exchange rate

NEU/XMG exchange rate on today

06 15, 2020
1 NEU = 7.58967 XMG
▲ 1.89 %

This page provides information about the currency pair Neumark/Magi, and more precisely about how much 1 Neumark costs in Magi.

Data on the currency pair NEU/XMG 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 NEU/XMG 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 Neumark/Magi, 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 NEU/XMG exchange rate over the past 30 days

For the last 30 days (05 17, 2020 — 06 15, 2020) the Neumark exchange rate against the Magi currency changed by 2.28% (7.420414 XMG — 7.58967 XMG)

Change in the NEU/XMG exchange rate over the past 90 days

For the last 90 days (04 10, 2020 — 06 15, 2020) the Neumark exchange rate against the Magi currency changed by 22.05% (6.218477 XMG — 7.58967 XMG)

Change in the NEU/XMG exchange rate over the past 365 days

For the last 365 days (04 10, 2020 — 06 15, 2020) the Neumark exchange rate against the Magi currency changed by 22.05% (6.218477 XMG — 7.58967 XMG)

Change in the NEU/XMG exchange rate for all time

For all the time our site has been running (04 10, 2020 — 06 15, 2020) the Neumark exchange rate against the Magi currency changed by 22.05% (6.218477 XMG — 7.58967 XMG)

Neumark/Magi price prediction

Neumark/Magi price prediction for the next 30 days*

15/05 7.56025 XMG ▼ -0.39 %
16/05 7.452562 XMG ▼ -1.42 %
17/05 7.17201 XMG ▼ -3.76 %
18/05 7.151046 XMG ▼ -0.29 %
19/05 7.340075 XMG ▲ 2.64 %
20/05 7.315725 XMG ▼ -0.33 %
21/05 7.459138 XMG ▲ 1.96 %
22/05 8.575552 XMG ▲ 14.97 %
23/05 8.491102 XMG ▼ -0.98 %
24/05 8.827558 XMG ▲ 3.96 %
25/05 8.061009 XMG ▼ -8.68 %
26/05 8.399217 XMG ▲ 4.2 %
27/05 8.32381 XMG ▼ -0.9 %
28/05 8.120992 XMG ▼ -2.44 %
29/05 8.349964 XMG ▲ 2.82 %
30/05 8.434424 XMG ▲ 1.01 %
31/05 8.156199 XMG ▼ -3.3 %
01/06 7.99758 XMG ▼ -1.94 %
02/06 8.012832 XMG ▲ 0.19 %
03/06 8.193462 XMG ▲ 2.25 %
04/06 8.189402 XMG ▼ -0.05 %
05/06 8.183964 XMG ▼ -0.07 %
06/06 7.859948 XMG ▼ -3.96 %
07/06 7.535318 XMG ▼ -4.13 %
08/06 7.644521 XMG ▲ 1.45 %
09/06 7.886538 XMG ▲ 3.17 %
10/06 7.709532 XMG ▼ -2.24 %
11/06 7.523202 XMG ▼ -2.42 %
12/06 7.3938 XMG ▼ -1.72 %
13/06 7.454978 XMG ▲ 0.83 %

* — Price prediction of the Neumark/Magi 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.

Neumark/Magi price prediction for the next 3 months*

20/05 — 26/05 9.088511 XMG ▲ 19.75 %
27/05 — 02/06 9.01164 XMG ▼ -0.85 %
03/06 — 09/06 10.4847 XMG ▲ 16.35 %
10/06 — 16/06 10.3358 XMG ▼ -1.42 %
17/06 — 23/06 8.927332 XMG ▼ -13.63 %
24/06 — 30/06 9.942713 XMG ▲ 11.37 %
01/07 — 07/07 10.9105 XMG ▲ 9.73 %
08/07 — 14/07 10.9902 XMG ▲ 0.73 %
15/07 — 21/07 10.0484 XMG ▼ -8.57 %
22/07 — 28/07 9.732989 XMG ▼ -3.14 %

Neumark/Magi price prediction for the next year*

06/2024 18.6665 XMG ▲ 145.95 %
07/2024 7.407593 XMG ▼ -60.32 %
08/2024 6.919856 XMG ▼ -6.58 %

Neumark/Magi exchange rate statistics

For 30 days
Minimum 6.953083 XMG
Maximum 9.991791 XMG
Weighted Average 7.770701 XMG
For 90 days
Minimum 5.923977 XMG
Maximum 32.3162 XMG
Weighted Average 7.799274 XMG
For 365 days
Minimum 5.923977 XMG
Maximum 32.3162 XMG
Weighted Average 7.799274 XMG

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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