Currency exchange rate OAX against the Malagasy Ariary. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the OAX currency exchange rate against the Malagasy Ariary currency:
currency exchange rate history, background information, prediction and more about OAX/MGA
Chart of History of changes in the OAX/MGA exchange rate
OAX/MGA exchange rate on today
05 06, 2024
1 OAX = 1,223 MGA
▲ 25.7 %
This page provides information about the currency pair OAX/Malagasy Ariary, and more precisely about how much 1 OAX costs in Malagasy Ariary.
Data on the currency pair OAX/MGA 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 OAX/MGA 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 OAX/Malagasy Ariary, 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 OAX/MGA exchange rate over the past 30 days
For the last 30 days (04 07, 2024 — 05 06, 2024) the OAX exchange rate against the Malagasy Ariary currency changed by -5% (1,287 MGA — 1,223 MGA)
Change in the OAX/MGA exchange rate over the past 90 days
For the last 90 days (02 07, 2024 — 05 06, 2024) the OAX exchange rate against the Malagasy Ariary currency changed by 85.05% (660.9 MGA — 1,223 MGA)
Change in the OAX/MGA exchange rate over the past 365 days
For the last 365 days (05 08, 2023 — 05 06, 2024) the OAX exchange rate against the Malagasy Ariary currency changed by -3.81% (1,271 MGA — 1,223 MGA)
Change in the OAX/MGA exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 06, 2024) the OAX exchange rate against the Malagasy Ariary currency changed by 913.34% (120.69 MGA — 1,223 MGA)
OAX/Malagasy Ariary price prediction
OAX/Malagasy Ariary price prediction for the next 30 days*
07/05 | 1,178 MGA | ▼ -3.68 % |
08/05 | 1,139 MGA | ▼ -3.31 % |
09/05 | 1,106 MGA | ▼ -2.93 % |
10/05 | 1,157 MGA | ▲ 4.68 % |
11/05 | 1,166 MGA | ▲ 0.74 % |
12/05 | 1,071 MGA | ▼ -8.12 % |
13/05 | 948.8 MGA | ▼ -11.42 % |
14/05 | 927.5 MGA | ▼ -2.24 % |
15/05 | 956.38 MGA | ▲ 3.11 % |
16/05 | 932.84 MGA | ▼ -2.46 % |
17/05 | 919.01 MGA | ▼ -1.48 % |
18/05 | 992.71 MGA | ▲ 8.02 % |
19/05 | 1,028 MGA | ▲ 3.6 % |
20/05 | 1,045 MGA | ▲ 1.65 % |
21/05 | 1,088 MGA | ▲ 4.09 % |
22/05 | 1,109 MGA | ▲ 1.95 % |
23/05 | 1,096 MGA | ▼ -1.2 % |
24/05 | 1,054 MGA | ▼ -3.78 % |
25/05 | 1,021 MGA | ▼ -3.2 % |
26/05 | 1,014 MGA | ▼ -0.65 % |
27/05 | 966.8 MGA | ▼ -4.66 % |
28/05 | 1,052 MGA | ▲ 8.83 % |
29/05 | 1,095 MGA | ▲ 4.08 % |
30/05 | 968.55 MGA | ▼ -11.55 % |
31/05 | 926.55 MGA | ▼ -4.34 % |
01/06 | 952.07 MGA | ▲ 2.75 % |
02/06 | 985.63 MGA | ▲ 3.53 % |
03/06 | 1,016 MGA | ▲ 3.07 % |
04/06 | 1,024 MGA | ▲ 0.82 % |
05/06 | 1,016 MGA | ▼ -0.82 % |
* — Price prediction of the OAX/Malagasy Ariary 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.
OAX/Malagasy Ariary price prediction for the next 3 months*
13/05 — 19/05 | 1,219 MGA | ▼ -0.36 % |
20/05 — 26/05 | 1,168 MGA | ▼ -4.18 % |
27/05 — 02/06 | 1,349 MGA | ▲ 15.52 % |
03/06 — 09/06 | 1,441 MGA | ▲ 6.82 % |
10/06 — 16/06 | 1,134 MGA | ▼ -21.27 % |
17/06 — 23/06 | 1,181 MGA | ▲ 4.1 % |
24/06 — 30/06 | 1,597 MGA | ▲ 35.28 % |
01/07 — 07/07 | 1,513 MGA | ▼ -5.27 % |
08/07 — 14/07 | 1,189 MGA | ▼ -21.4 % |
15/07 — 21/07 | 1,378 MGA | ▲ 15.9 % |
22/07 — 28/07 | 1,351 MGA | ▼ -1.98 % |
29/07 — 04/08 | 1,236 MGA | ▼ -8.5 % |
OAX/Malagasy Ariary price prediction for the next year*
06/2024 | 1,230 MGA | ▲ 0.6 % |
07/2024 | 1,178 MGA | ▼ -4.22 % |
08/2024 | 717.54 MGA | ▼ -39.11 % |
09/2024 | 1,329 MGA | ▲ 85.27 % |
10/2024 | 1,439 MGA | ▲ 8.28 % |
11/2024 | 1,289 MGA | ▼ -10.43 % |
12/2024 | 1,311 MGA | ▲ 1.67 % |
01/2025 | 1,075 MGA | ▼ -17.98 % |
01/2025 | 1,035 MGA | ▼ -3.69 % |
03/2025 | 1,889 MGA | ▲ 82.46 % |
04/2025 | 1,464 MGA | ▼ -22.51 % |
05/2025 | 1,563 MGA | ▲ 6.74 % |
OAX/Malagasy Ariary exchange rate statistics
For 30 days | |
---|---|
Minimum | 801.67 MGA |
Maximum | 1,352 MGA |
Weighted Average | 1,008 MGA |
For 90 days | |
Minimum | 662.62 MGA |
Maximum | 1,988 MGA |
Weighted Average | 929.71 MGA |
For 365 days | |
Minimum | 425.65 MGA |
Maximum | 1,988 MGA |
Weighted Average | 805.35 MGA |
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