Currency exchange rate Venezuelan Bolivar against the Dropil. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Venezuelan Bolivar currency exchange rate against the Dropil currency:
currency exchange rate history, background information, prediction and more about VEF/DROP
Chart of History of changes in the VEF/DROP exchange rate
VEF/DROP exchange rate on today
10 23, 2020
1 VEF = 3,697 DROP
▲ 0.49 %
This page provides information about the currency pair Venezuelan Bolivar/Dropil, and more precisely about how much 1 Venezuelan Bolivar costs in Dropil.
Data on the currency pair VEF/DROP 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 VEF/DROP 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 Venezuelan Bolivar/Dropil, 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 VEF/DROP exchange rate over the past 30 days
For the last 30 days (09 24, 2020 — 10 23, 2020) the Venezuelan Bolivar exchange rate against the Dropil currency changed by 1.04% (3,659 DROP — 3,697 DROP)
Change in the VEF/DROP exchange rate over the past 90 days
For the last 90 days (07 26, 2020 — 10 23, 2020) the Venezuelan Bolivar exchange rate against the Dropil currency changed by -70.15% (12,384 DROP — 3,697 DROP)
Change in the VEF/DROP exchange rate over the past 365 days
For the last 365 days (04 10, 2020 — 10 23, 2020) the Venezuelan Bolivar exchange rate against the Dropil currency changed by 144.38% (1,513 DROP — 3,697 DROP)
Change in the VEF/DROP exchange rate for all time
For all the time our site has been running (04 10, 2020 — 10 23, 2020) the Venezuelan Bolivar exchange rate against the Dropil currency changed by 144.38% (1,513 DROP — 3,697 DROP)
Venezuelan Bolivar/Dropil price prediction
Venezuelan Bolivar/Dropil price prediction for the next 30 days*
12/05 | 3,706 DROP | ▲ 0.26 % |
13/05 | 3,710 DROP | ▲ 0.09 % |
14/05 | 3,716 DROP | ▲ 0.18 % |
15/05 | 3,717 DROP | ▲ 0.01 % |
16/05 | 3,709 DROP | ▼ -0.2 % |
17/05 | 3,687 DROP | ▼ -0.59 % |
18/05 | 3,678 DROP | ▼ -0.24 % |
19/05 | 3,675 DROP | ▼ -0.08 % |
20/05 | 4,209 DROP | ▲ 14.53 % |
21/05 | 4,601 DROP | ▲ 9.31 % |
22/05 | 4,574 DROP | ▼ -0.59 % |
23/05 | 4,503 DROP | ▼ -1.57 % |
24/05 | 4,566 DROP | ▲ 1.4 % |
25/05 | 4,689 DROP | ▲ 2.7 % |
26/05 | 4,582 DROP | ▼ -2.27 % |
27/05 | 4,418 DROP | ▼ -3.59 % |
28/05 | 4,269 DROP | ▼ -3.38 % |
29/05 | 4,249 DROP | ▼ -0.45 % |
30/05 | 4,129 DROP | ▼ -2.84 % |
31/05 | 4,125 DROP | ▼ -0.09 % |
01/06 | 4,171 DROP | ▲ 1.1 % |
02/06 | 4,197 DROP | ▲ 0.64 % |
03/06 | 4,248 DROP | ▲ 1.2 % |
04/06 | 4,291 DROP | ▲ 1.03 % |
05/06 | 4,239 DROP | ▼ -1.21 % |
06/06 | 4,139 DROP | ▼ -2.38 % |
07/06 | 4,168 DROP | ▲ 0.71 % |
08/06 | 4,082 DROP | ▼ -2.07 % |
09/06 | 3,873 DROP | ▼ -5.11 % |
10/06 | 3,792 DROP | ▼ -2.1 % |
* — Price prediction of the Venezuelan Bolivar/Dropil 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.
Venezuelan Bolivar/Dropil price prediction for the next 3 months*
13/05 — 19/05 | 3,708 DROP | ▲ 0.3 % |
20/05 — 26/05 | 3,705 DROP | ▼ -0.08 % |
27/05 — 02/06 | 55.9446 DROP | ▼ -98.49 % |
03/06 — 09/06 | 56.2167 DROP | ▲ 0.49 % |
10/06 — 16/06 | 56.1289 DROP | ▼ -0.16 % |
17/06 — 23/06 | 55.9929 DROP | ▼ -0.24 % |
24/06 — 30/06 | 56.3024 DROP | ▲ 0.55 % |
01/07 — 07/07 | 57.1743 DROP | ▲ 1.55 % |
08/07 — 14/07 | 70.8284 DROP | ▲ 23.88 % |
15/07 — 21/07 | 63.6938 DROP | ▼ -10.07 % |
22/07 — 28/07 | 64.836 DROP | ▲ 1.79 % |
29/07 — 04/08 | 57.021 DROP | ▼ -12.05 % |
Venezuelan Bolivar/Dropil price prediction for the next year*
06/2024 | 42,382 DROP | ▲ 1046.5 % |
07/2024 | 33,305 DROP | ▼ -21.42 % |
08/2024 | 37,538 DROP | ▲ 12.71 % |
09/2024 | 16,060 DROP | ▼ -57.22 % |
10/2024 | 955.55 DROP | ▼ -94.05 % |
11/2024 | 963.65 DROP | ▲ 0.85 % |
12/2024 | 995.24 DROP | ▲ 3.28 % |
Venezuelan Bolivar/Dropil exchange rate statistics
For 30 days | |
---|---|
Minimum | 3,625 DROP |
Maximum | 4,551 DROP |
Weighted Average | 4,043 DROP |
For 90 days | |
Minimum | 3,564 DROP |
Maximum | 12,397 DROP |
Weighted Average | 5,985 DROP |
For 365 days | |
Minimum | 1,544 DROP |
Maximum | 26,312 DROP |
Weighted Average | 10,532 DROP |
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