2 Malagasy Ariary to Ren. Chart, history price and prediction on tomorrow, next month, 2024 year

Price 2 Malagasy Ariary to Ren based on current data,
received from currency exchange exchanges as of 06 11, 2024, is 0.00772664 REN.

How much is 2 MGA in REN?

06 11, 2024
2 MGA = 0.00772664 REN
▲ 5.05 %
2 REN = 517.69 MGA
1 MGA = 0.00386332 REN

Chart of History of price changes 2 MGA in REN

Price statistics 2 Malagasy Ariary in Ren

For 30 days
Minimum 0.00596636 REN
Maximum 0.00822052 REN
Weighted Average 0.00685904 REN
For 90 days
Minimum 0.00409286 REN
Maximum 0.00822052 REN
Weighted Average 0.00635518 REN
For 365 days
Minimum 0.00409286 REN
Maximum 0.01831592 REN
Weighted Average 0.00744886 REN

Change in the price of 2 MGA to REN in the last 30 days

For the last 30 days (05 13, 2024 — 06 11, 2024) price 2 Malagasy Ariary against Ren changed by -6.13% (0.00823138 REN — 0.00772664 REN)

Change in the price of 2 MGA to REN in the last 90 days

For the last 90 days (03 14, 2024 — 06 11, 2024) the price of 2 Malagasy Ariary against Ren changed by 93.6% (0.00399112 REN — 0.00772664 REN)

Change in the price of 2 MGA to REN in the last 365 days

For the last 365 days (06 13, 2023 — 06 11, 2024) the price of 2 Malagasy Ariary against Ren changed by -2.97% (0.00796282 REN — 0.00772664 REN)

Change in the price of 2 MGA to REN for the entire time

For all the time our site has been running (04 10, 2020 — 06 11, 2024) the price of 2 Malagasy Ariary against Ren changed by -20.68% (0.00974124 REN — 0.00772664 REN)

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Price prediction 2 Malagasy Ariary in Ren

Ways to predict the exchange rate and cryptocurrencies. 

  1. Technical analysis: This method uses past price and volume data to try to identify patterns that can indicate future price movements. Traders and investors use technical indicators, such as moving averages, MACD, RSI, and candlestick charts, to analyze the market and predict future trends. For example, if the price of Bitcoin has been trading in a range for a while, and then breaks out above a key resistance level, traders may expect the price to continue rising.

  2. Fundamental analysis: This method looks at underlying economic and financial factors to try to determine the intrinsic value of an asset. Fundamental analysis includes analyzing financial statements, economic indicators, news events, and other factors that can affect the supply and demand of an asset. For example, if a country's central bank raises interest rates, the currency of that country may appreciate against other currencies.

  3. Sentiment analysis: This method uses social media and other sources to gauge market sentiment and investor psychology. Traders and investors use sentiment analysis to try to identify trends and potential turning points in the market. For example, if there is a lot of negative news and sentiment surrounding a particular cryptocurrency, traders may expect the price to decline.

  4. Machine learning and AI: This method uses algorithms and statistical models to analyze large amounts of data and make predictions about future price movements. Machine learning algorithms can learn from past data and adjust their predictions as new data becomes available. For example, a machine learning algorithm could analyze past price data, news articles, social media sentiment, and other factors to make predictions about the future price of a particular cryptocurrency.

Prediction of 2 Malagasy Ariary in Ren for the next 30 days*

12/06 0.00794661 REN ▲ 2.85 %
13/06 0.00792603 REN ▼ -0.26 %
14/06 0.0076964 REN ▼ -2.9 %
15/06 0.00732458 REN ▼ -4.83 %
16/06 0.00715068 REN ▼ -2.37 %
17/06 0.00708651 REN ▼ -0.9 %
18/06 0.00715902 REN ▲ 1.02 %
19/06 0.00683287 REN ▼ -4.56 %
20/06 0.00629546 REN ▼ -7.87 %
21/06 0.00625613 REN ▼ -0.62 %
22/06 0.00670871 REN ▲ 7.23 %
23/06 0.00643983 REN ▼ -4.01 %
24/06 0.00579381 REN ▼ -10.03 %
25/06 0.00604819 REN ▲ 4.39 %
26/06 0.00605048 REN ▲ 0.04 %
27/06 0.00597201 REN ▼ -1.3 %
28/06 0.00588108 REN ▼ -1.52 %
29/06 0.00602894 REN ▲ 2.51 %
30/06 0.00630225 REN ▲ 4.53 %
01/07 0.0063769 REN ▲ 1.18 %
02/07 0.00622 REN ▼ -2.46 %
03/07 0.00612976 REN ▼ -1.45 %
04/07 0.00614722 REN ▲ 0.28 %
05/07 0.0056667 REN ▼ -7.82 %
06/07 0.00544342 REN ▼ -3.94 %
07/07 0.00607599 REN ▲ 11.62 %
08/07 0.00664669 REN ▲ 9.39 %
09/07 0.00683279 REN ▲ 2.8 %
10/07 0.00688306 REN ▲ 0.74 %
11/07 0.00693712 REN ▲ 0.79 %

* — The prediction of the price of 2 Malagasy Ariary in Ren is made by our specialists based on statistical data, global trends and major business news. Price prediction of 2 Malagasy Ariary in Ren for 30 days, 3 months and a year are made by different experts and may have slight differences.

Prediction of 2 Malagasy Ariary in Ren for the next 3 months*

17/06 — 23/06 0.0075713 REN ▼ -2.01 %
24/06 — 30/06 0.00773965 REN ▲ 2.22 %
01/07 — 07/07 0.01311231 REN ▲ 69.42 %
08/07 — 14/07 0.01225241 REN ▼ -6.56 %
15/07 — 21/07 0.0129947 REN ▲ 6.06 %
22/07 — 28/07 0.01265414 REN ▼ -2.62 %
29/07 — 04/08 0.01418407 REN ▲ 12.09 %
05/08 — 11/08 0.01212999 REN ▼ -14.48 %
12/08 — 18/08 0.01004665 REN ▼ -17.18 %
19/08 — 25/08 0.01004945 REN ▲ 0.03 %
26/08 — 01/09 0.01205052 REN ▲ 19.91 %
02/09 — 08/09 0.01213466 REN ▲ 0.7 %

Prediction of 2 Malagasy Ariary in Ren for the next year*

07/2024 0.00772047 REN ▼ -0.08 %
08/2024 0.00987969 REN ▲ 27.97 %
09/2024 0.00911641 REN ▼ -7.73 %
10/2024 0.0091667 REN ▲ 0.55 %
11/2024 0.00776862 REN ▼ -15.25 %
12/2024 0.00573677 REN ▼ -26.15 %
01/2025 0.00819967 REN ▲ 42.93 %
02/2025 0.00741099 REN ▼ -9.62 %
03/2025 0.00520401 REN ▼ -29.78 %
04/2025 0.01063881 REN ▲ 104.43 %
05/2025 0.00907787 REN ▼ -14.67 %
06/2025 0.00995919 REN ▲ 9.71 %

FAQ

What is the price 2 MGA in REN today, 06 11, 2024?

As of today, the price of 2 Malagasy Ariary to Ren is - 0.00772664 REN

What will be the price 2 MGA in REN tomorrow 2024.06.12?

For tomorrow 2 Malagasy Ariary to Ren exchange rate - 0 ren

What will be the price 2 MGA in REN in the next month?

Our analysts have made a detailed prediction price 2 Malagasy Ariary to Ren for the next month. You can see it by this link. For your convenience, it is broken down by day. Please note that this is only an approximate prediction and actual data may vary.

What will be the price 2 MGA in REN in the next 3 months?

Our analysts have made a detailed prediction price 2 Malagasy Ariary to Ren for the next quarter. You can see it by this link. For your convenience, it is broken down by week. Please note that this is only an approximate prediction and actual data may vary.

What will be the price 2 MGA in REN in the coming year?

Our analysts have made a detailed prediction price 2 Malagasy Ariary to Ren for the next year ahead. You can see it by this link. For your convenience, it is broken down by month. Please note that this is only an approximate prediction and actual data may vary.

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