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*

27/05 7.55923 XMG ▼ -0.4 %
28/05 7.472853 XMG ▼ -1.14 %
29/05 7.08182 XMG ▼ -5.23 %
30/05 7.052478 XMG ▼ -0.41 %
31/05 7.254273 XMG ▲ 2.86 %
01/06 7.234887 XMG ▼ -0.27 %
02/06 7.442222 XMG ▲ 2.87 %
03/06 8.276223 XMG ▲ 11.21 %
04/06 8.204707 XMG ▼ -0.86 %
05/06 8.651274 XMG ▲ 5.44 %
06/06 8.011529 XMG ▼ -7.39 %
07/06 8.323711 XMG ▲ 3.9 %
08/06 8.234444 XMG ▼ -1.07 %
09/06 8.033801 XMG ▼ -2.44 %
10/06 8.319172 XMG ▲ 3.55 %
11/06 8.462657 XMG ▲ 1.72 %
12/06 8.139873 XMG ▼ -3.81 %
13/06 7.973747 XMG ▼ -2.04 %
14/06 7.985412 XMG ▲ 0.15 %
15/06 8.220569 XMG ▲ 2.94 %
16/06 8.216793 XMG ▼ -0.05 %
17/06 8.208537 XMG ▼ -0.1 %
18/06 7.975544 XMG ▼ -2.84 %
19/06 7.701856 XMG ▼ -3.43 %
20/06 7.806659 XMG ▲ 1.36 %
21/06 8.150833 XMG ▲ 4.41 %
22/06 7.991258 XMG ▼ -1.96 %
23/06 7.683918 XMG ▼ -3.85 %
24/06 7.565487 XMG ▼ -1.54 %
25/06 7.607634 XMG ▲ 0.56 %

* — 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*

27/05 — 02/06 8.935033 XMG ▲ 17.73 %
03/06 — 09/06 8.866322 XMG ▼ -0.77 %
10/06 — 16/06 10.1543 XMG ▲ 14.53 %
17/06 — 23/06 9.96682 XMG ▼ -1.85 %
24/06 — 30/06 7.892389 XMG ▼ -20.81 %
01/07 — 07/07 9.238949 XMG ▲ 17.06 %
08/07 — 14/07 10.4556 XMG ▲ 13.17 %
15/07 — 21/07 10.5328 XMG ▲ 0.74 %
22/07 — 28/07 9.925399 XMG ▼ -5.77 %
29/07 — 04/08 9.685088 XMG ▼ -2.42 %

Neumark/Magi price prediction for the next year*

06/2024 17.8941 XMG ▲ 135.77 %
07/2024 8.468949 XMG ▼ -52.67 %
08/2024 7.424252 XMG ▼ -12.34 %

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