Currency exchange rate Nakfa against the BYR. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Nakfa currency exchange rate against the BYR currency:
currency exchange rate history, background information, prediction and more about ERN/BYR
Chart of History of changes in the ERN/BYR exchange rate
ERN/BYR exchange rate on today
06 02, 2024
1 ERN = 78,294 BYR
▼ -1.68 %
This page provides information about the currency pair Nakfa/BYR, and more precisely about how much 1 Nakfa costs in BYR.
Data on the currency pair ERN/BYR 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 ERN/BYR 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 Nakfa/BYR, 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 ERN/BYR exchange rate over the past 30 days
For the last 30 days (05 04, 2024 — 06 02, 2024) the Nakfa exchange rate against the BYR currency changed by -1.15% (79,207 BYR — 78,294 BYR)
Change in the ERN/BYR exchange rate over the past 90 days
For the last 90 days (03 05, 2024 — 06 02, 2024) the Nakfa exchange rate against the BYR currency changed by 11.01% (70,532 BYR — 78,294 BYR)
Change in the ERN/BYR exchange rate over the past 365 days
For the last 365 days (06 04, 2023 — 06 02, 2024) the Nakfa exchange rate against the BYR currency changed by 107.24% (37,780 BYR — 78,294 BYR)
Change in the ERN/BYR exchange rate for all time
For all the time our site has been running (04 10, 2020 — 06 02, 2024) the Nakfa exchange rate against the BYR currency changed by 5891.88% (1,307 BYR — 78,294 BYR)
Nakfa/BYR price prediction
Nakfa/BYR price prediction for the next 30 days*
03/06 | 79,160 BYR | ▲ 1.11 % |
04/06 | 83,217 BYR | ▲ 5.13 % |
05/06 | 87,696 BYR | ▲ 5.38 % |
06/06 | 102,094 BYR | ▲ 16.42 % |
07/06 | 100,081 BYR | ▼ -1.97 % |
08/06 | 92,440 BYR | ▼ -7.64 % |
09/06 | 92,529 BYR | ▲ 0.1 % |
10/06 | 90,619 BYR | ▼ -2.06 % |
11/06 | 89,641 BYR | ▼ -1.08 % |
12/06 | 84,933 BYR | ▼ -5.25 % |
13/06 | 77,848 BYR | ▼ -8.34 % |
14/06 | 76,579 BYR | ▼ -1.63 % |
15/06 | 82,161 BYR | ▲ 7.29 % |
16/06 | 84,792 BYR | ▲ 3.2 % |
17/06 | 85,283 BYR | ▲ 0.58 % |
18/06 | 83,930 BYR | ▼ -1.59 % |
19/06 | 86,262 BYR | ▲ 2.78 % |
20/06 | 88,467 BYR | ▲ 2.56 % |
21/06 | 86,070 BYR | ▼ -2.71 % |
22/06 | 81,850 BYR | ▼ -4.9 % |
23/06 | 82,759 BYR | ▲ 1.11 % |
24/06 | 83,424 BYR | ▲ 0.8 % |
25/06 | 85,374 BYR | ▲ 2.34 % |
26/06 | 84,880 BYR | ▼ -0.58 % |
27/06 | 81,628 BYR | ▼ -3.83 % |
28/06 | 79,331 BYR | ▼ -2.81 % |
29/06 | 79,840 BYR | ▲ 0.64 % |
30/06 | 80,631 BYR | ▲ 0.99 % |
01/07 | 79,346 BYR | ▼ -1.59 % |
02/07 | 107,427 BYR | ▲ 35.39 % |
* — Price prediction of the Nakfa/BYR 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.
Nakfa/BYR price prediction for the next 3 months*
03/06 — 09/06 | 94,601 BYR | ▲ 20.83 % |
10/06 — 16/06 | 96,664 BYR | ▲ 2.18 % |
17/06 — 23/06 | 83,948 BYR | ▼ -13.16 % |
24/06 — 30/06 | 91,019 BYR | ▲ 8.42 % |
01/07 — 07/07 | 51,653 BYR | ▼ -43.25 % |
08/07 — 14/07 | 55,523 BYR | ▲ 7.49 % |
15/07 — 21/07 | 45,079 BYR | ▼ -18.81 % |
22/07 — 28/07 | 48,053 BYR | ▲ 6.6 % |
29/07 — 04/08 | 47,907 BYR | ▼ -0.3 % |
05/08 — 11/08 | 48,096 BYR | ▲ 0.39 % |
12/08 — 18/08 | 48,249 BYR | ▲ 0.32 % |
19/08 — 25/08 | 56,594 BYR | ▲ 17.29 % |
Nakfa/BYR price prediction for the next year*
07/2024 | 81,052 BYR | ▲ 3.52 % |
08/2024 | 59,621 BYR | ▼ -26.44 % |
08/2024 | 66,643 BYR | ▲ 11.78 % |
09/2024 | 67,462 BYR | ▲ 1.23 % |
10/2024 | 75,344 BYR | ▲ 11.68 % |
11/2024 | 87,370 BYR | ▲ 15.96 % |
12/2024 | 80,292 BYR | ▼ -8.1 % |
01/2025 | 137,309 BYR | ▲ 71.01 % |
02/2025 | 347,873 BYR | ▲ 153.35 % |
03/2025 | 239,094 BYR | ▼ -31.27 % |
04/2025 | 285,595 BYR | ▲ 19.45 % |
05/2025 | 381,806 BYR | ▲ 33.69 % |
Nakfa/BYR exchange rate statistics
For 30 days | |
---|---|
Minimum | 1,307 BYR |
Maximum | 116,050 BYR |
Weighted Average | 67,250 BYR |
For 90 days | |
Minimum | 1,307 BYR |
Maximum | 155,845 BYR |
Weighted Average | 78,110 BYR |
For 365 days | |
Minimum | 1,307 BYR |
Maximum | 155,845 BYR |
Weighted Average | 39,284 BYR |
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