Currency exchange rate NEXO against the Naira. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the NEXO currency exchange rate against the Naira currency:
currency exchange rate history, background information, prediction and more about NEXO/NGN
Chart of History of changes in the NEXO/NGN exchange rate
NEXO/NGN exchange rate on today
05 15, 2024
1 NEXO = 1,949 NGN
▲ 7.11 %
This page provides information about the currency pair NEXO/Naira, and more precisely about how much 1 NEXO costs in Naira.
Data on the currency pair NEXO/NGN 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 NEXO/NGN 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 NEXO/Naira, 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 NEXO/NGN exchange rate over the past 30 days
For the last 30 days (04 16, 2024 — 05 15, 2024) the NEXO exchange rate against the Naira currency changed by 30.46% (1,494 NGN — 1,949 NGN)
Change in the NEXO/NGN exchange rate over the past 90 days
For the last 90 days (02 16, 2024 — 05 15, 2024) the NEXO exchange rate against the Naira currency changed by 21.97% (1,598 NGN — 1,949 NGN)
Change in the NEXO/NGN exchange rate over the past 365 days
For the last 365 days (05 17, 2023 — 05 15, 2024) the NEXO exchange rate against the Naira currency changed by 534.65% (307.09 NGN — 1,949 NGN)
Change in the NEXO/NGN exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 15, 2024) the NEXO exchange rate against the Naira currency changed by 4285.21% (44.44 NGN — 1,949 NGN)
NEXO/Naira price prediction
NEXO/Naira price prediction for the next 30 days*
16/05 | 1,929 NGN | ▼ -1.02 % |
17/05 | 1,864 NGN | ▼ -3.37 % |
18/05 | 1,849 NGN | ▼ -0.81 % |
19/05 | 1,813 NGN | ▼ -1.94 % |
20/05 | 1,923 NGN | ▲ 6.08 % |
21/05 | 1,957 NGN | ▲ 1.75 % |
22/05 | 1,962 NGN | ▲ 0.26 % |
23/05 | 2,067 NGN | ▲ 5.35 % |
24/05 | 2,108 NGN | ▲ 2 % |
25/05 | 2,088 NGN | ▼ -0.97 % |
26/05 | 2,124 NGN | ▲ 1.75 % |
27/05 | 2,151 NGN | ▲ 1.26 % |
28/05 | 2,198 NGN | ▲ 2.16 % |
29/05 | 2,240 NGN | ▲ 1.93 % |
30/05 | 2,244 NGN | ▲ 0.15 % |
31/05 | 2,216 NGN | ▼ -1.24 % |
01/06 | 2,248 NGN | ▲ 1.46 % |
02/06 | 2,342 NGN | ▲ 4.18 % |
03/06 | 2,407 NGN | ▲ 2.76 % |
04/06 | 2,404 NGN | ▼ -0.09 % |
05/06 | 2,418 NGN | ▲ 0.56 % |
06/06 | 2,373 NGN | ▼ -1.84 % |
07/06 | 2,335 NGN | ▼ -1.61 % |
08/06 | 2,352 NGN | ▲ 0.72 % |
09/06 | 2,372 NGN | ▲ 0.86 % |
10/06 | 2,346 NGN | ▼ -1.08 % |
11/06 | 2,347 NGN | ▲ 0.03 % |
12/06 | 2,390 NGN | ▲ 1.82 % |
13/06 | 2,397 NGN | ▲ 0.28 % |
14/06 | 2,435 NGN | ▲ 1.62 % |
* — Price prediction of the NEXO/Naira 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.
NEXO/Naira price prediction for the next 3 months*
20/05 — 26/05 | 1,955 NGN | ▲ 0.33 % |
27/05 — 02/06 | 2,059 NGN | ▲ 5.32 % |
03/06 — 09/06 | 1,925 NGN | ▼ -6.54 % |
10/06 — 16/06 | 1,726 NGN | ▼ -10.32 % |
17/06 — 23/06 | 1,486 NGN | ▼ -13.89 % |
24/06 — 30/06 | 1,500 NGN | ▲ 0.92 % |
01/07 — 07/07 | 1,268 NGN | ▼ -15.47 % |
08/07 — 14/07 | 1,266 NGN | ▼ -0.18 % |
15/07 — 21/07 | 1,405 NGN | ▲ 11.05 % |
22/07 — 28/07 | 1,489 NGN | ▲ 5.95 % |
29/07 — 04/08 | 1,484 NGN | ▼ -0.36 % |
05/08 — 11/08 | 1,510 NGN | ▲ 1.77 % |
NEXO/Naira price prediction for the next year*
06/2024 | 1,953 NGN | ▲ 0.21 % |
07/2024 | 2,003 NGN | ▲ 2.57 % |
08/2024 | 1,723 NGN | ▼ -13.97 % |
09/2024 | 1,692 NGN | ▼ -1.81 % |
10/2024 | 1,902 NGN | ▲ 12.38 % |
11/2024 | 2,171 NGN | ▲ 14.16 % |
12/2024 | 2,964 NGN | ▲ 36.55 % |
01/2025 | 4,265 NGN | ▲ 43.88 % |
02/2025 | 10,245 NGN | ▲ 140.21 % |
03/2025 | 7,973 NGN | ▼ -22.18 % |
04/2025 | 7,699 NGN | ▼ -3.44 % |
05/2025 | 8,465 NGN | ▲ 9.95 % |
NEXO/Naira exchange rate statistics
For 30 days | |
---|---|
Minimum | 1,319 NGN |
Maximum | 1,924 NGN |
Weighted Average | 1,649 NGN |
For 90 days | |
Minimum | 1,319 NGN |
Maximum | 2,472 NGN |
Weighted Average | 1,838 NGN |
For 365 days | |
Minimum | 279.44 NGN |
Maximum | 2,472 NGN |
Weighted Average | 884.17 NGN |
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