Currency exchange rate Yuan Renminbi 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 Yuan Renminbi currency exchange rate against the Magi currency:
currency exchange rate history, background information, prediction and more about CNY/XMG
Chart of History of changes in the CNY/XMG exchange rate
CNY/XMG exchange rate on today
06 15, 2020
1 CNY = 7.258184 XMG
▼ -0.12 %
This page provides information about the currency pair Yuan Renminbi/Magi, and more precisely about how much 1 Yuan Renminbi costs in Magi.
Data on the currency pair CNY/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 CNY/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 Yuan Renminbi/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:
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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 CNY/XMG exchange rate over the past 30 days
For the last 30 days (05 17, 2020 — 06 15, 2020) the Yuan Renminbi exchange rate against the Magi currency changed by -8.73% (7.952226 XMG — 7.258184 XMG)
Change in the CNY/XMG exchange rate over the past 90 days
For the last 90 days (04 10, 2020 — 06 15, 2020) the Yuan Renminbi exchange rate against the Magi currency changed by -27.43% (10.002 XMG — 7.258184 XMG)
Change in the CNY/XMG exchange rate over the past 365 days
For the last 365 days (04 10, 2020 — 06 15, 2020) the Yuan Renminbi exchange rate against the Magi currency changed by -27.43% (10.002 XMG — 7.258184 XMG)
Change in the CNY/XMG exchange rate for all time
For all the time our site has been running (04 10, 2020 — 06 15, 2020) the Yuan Renminbi exchange rate against the Magi currency changed by -27.43% (10.002 XMG — 7.258184 XMG)
Yuan Renminbi/Magi price prediction
Yuan Renminbi/Magi price prediction for the next 30 days*
03/06 | 7.258185 XMG | ▲ 0 % |
04/06 | 6.987948 XMG | ▼ -3.72 % |
05/06 | 6.656341 XMG | ▼ -4.75 % |
06/06 | 6.659323 XMG | ▲ 0.04 % |
07/06 | 6.652394 XMG | ▼ -0.1 % |
08/06 | 6.633369 XMG | ▼ -0.29 % |
09/06 | 6.626813 XMG | ▼ -0.1 % |
10/06 | 6.626815 XMG | ▲ 0 % |
11/06 | 6.623452 XMG | ▼ -0.05 % |
12/06 | 6.623203 XMG | ▼ -0 % |
13/06 | 6.151378 XMG | ▼ -7.12 % |
14/06 | 6.449973 XMG | ▲ 4.85 % |
15/06 | 6.348555 XMG | ▼ -1.57 % |
16/06 | 6.354039 XMG | ▲ 0.09 % |
17/06 | 6.354043 XMG | ▲ 0 % |
18/06 | 6.378462 XMG | ▲ 0.38 % |
19/06 | 6.20443 XMG | ▼ -2.73 % |
20/06 | 6.378355 XMG | ▲ 2.8 % |
21/06 | 6.37174 XMG | ▼ -0.1 % |
22/06 | 6.393314 XMG | ▲ 0.34 % |
23/06 | 6.403659 XMG | ▲ 0.16 % |
24/06 | 6.403678 XMG | ▲ 0 % |
25/06 | 6.330995 XMG | ▼ -1.14 % |
26/06 | 6.281082 XMG | ▼ -0.79 % |
27/06 | 6.307946 XMG | ▲ 0.43 % |
28/06 | 6.312021 XMG | ▲ 0.06 % |
29/06 | 6.30356 XMG | ▼ -0.13 % |
30/06 | 6.295092 XMG | ▼ -0.13 % |
01/07 | 6.295094 XMG | ▲ 0 % |
02/07 | 6.295098 XMG | ▲ 0 % |
* — Price prediction of the Yuan Renminbi/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.
Yuan Renminbi/Magi price prediction for the next 3 months*
03/06 — 09/06 | 7.352944 XMG | ▲ 1.31 % |
10/06 — 16/06 | 6.975885 XMG | ▼ -5.13 % |
17/06 — 23/06 | 6.520155 XMG | ▼ -6.53 % |
24/06 — 30/06 | 5.333764 XMG | ▼ -18.2 % |
01/07 — 07/07 | 5.039809 XMG | ▼ -5.51 % |
08/07 — 14/07 | 5.2558 XMG | ▲ 4.29 % |
15/07 — 21/07 | 5.013671 XMG | ▼ -4.61 % |
22/07 — 28/07 | 5.030342 XMG | ▲ 0.33 % |
29/07 — 04/08 | 5.067942 XMG | ▲ 0.75 % |
05/08 — 11/08 | 5.02191 XMG | ▼ -0.91 % |
Yuan Renminbi/Magi price prediction for the next year*
07/2024 | 6.396665 XMG | ▼ -11.87 % |
08/2024 | 5.140612 XMG | ▼ -19.64 % |
08/2024 | 5.139432 XMG | ▼ -0.02 % |
Yuan Renminbi/Magi exchange rate statistics
For 30 days | |
---|---|
Minimum | 7.212053 XMG |
Maximum | 7.952233 XMG |
Weighted Average | 7.296239 XMG |
For 90 days | |
Minimum | 7.212053 XMG |
Maximum | 10.1907 XMG |
Weighted Average | 8.05137 XMG |
For 365 days | |
Minimum | 7.212053 XMG |
Maximum | 10.1907 XMG |
Weighted Average | 8.05137 XMG |
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