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

Price 1 Elastos to Malagasy Ariary based on current data,
received from currency exchange exchanges as of 06 01, 2024, is 11,523 MGA.

How much is 1 ELA in MGA?

06 01, 2024
1 ELA = 11,523 MGA
▲ 4.34 %
1 MGA = 0.00008678 ELA
1 ELA = 11,523 MGA

Chart of History of price changes 1 ELA in MGA

Price statistics 1 Elastos in Malagasy Ariary

For 30 days
Minimum 11,029 MGA
Maximum 14,518 MGA
Weighted Average 12,825 MGA
For 90 days
Minimum 11,029 MGA
Maximum 25,632 MGA
Weighted Average 15,097 MGA
For 365 days
Minimum 4,920 MGA
Maximum 27,245 MGA
Weighted Average 10,522 MGA

Change in the price of 1 ELA to MGA in the last 30 days

For the last 30 days (05 03, 2024 — 06 01, 2024) price 1 Elastos against Malagasy Ariary changed by -17.14% (13,906 MGA — 11,523 MGA)

Change in the price of 1 ELA to MGA in the last 90 days

For the last 90 days (03 04, 2024 — 06 01, 2024) the price of 1 Elastos against Malagasy Ariary changed by -33.96% (17,449 MGA — 11,523 MGA)

Change in the price of 1 ELA to MGA in the last 365 days

For the last 365 days (06 03, 2023 — 06 01, 2024) the price of 1 Elastos against Malagasy Ariary changed by 63.01% (7,069 MGA — 11,523 MGA)

Change in the price of 1 ELA to MGA for the entire time

For all the time our site has been running (04 10, 2020 — 06 01, 2024) the price of 1 Elastos against Malagasy Ariary changed by 166.75% (4,320 MGA — 11,523 MGA)

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Price prediction 1 Elastos in Malagasy Ariary

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 1 Elastos in Malagasy Ariary for the next 30 days*

02/06 12,070 MGA ▲ 4.74 %
03/06 12,093 MGA ▲ 0.19 %
04/06 12,153 MGA ▲ 0.5 %
05/06 12,159 MGA ▲ 0.05 %
06/06 12,110 MGA ▼ -0.41 %
07/06 11,582 MGA ▼ -4.36 %
08/06 11,162 MGA ▼ -3.63 %
09/06 11,193 MGA ▲ 0.28 %
10/06 11,040 MGA ▼ -1.36 %
11/06 11,262 MGA ▲ 2.01 %
12/06 11,198 MGA ▼ -0.57 %
13/06 10,632 MGA ▼ -5.05 %
14/06 10,749 MGA ▲ 1.1 %
15/06 10,669 MGA ▼ -0.74 %
16/06 11,023 MGA ▲ 3.31 %
17/06 11,599 MGA ▲ 5.23 %
18/06 11,189 MGA ▼ -3.54 %
19/06 11,300 MGA ▲ 0.99 %
20/06 11,592 MGA ▲ 2.59 %
21/06 11,365 MGA ▼ -1.96 %
22/06 11,258 MGA ▼ -0.94 %
23/06 11,140 MGA ▼ -1.05 %
24/06 10,967 MGA ▼ -1.55 %
25/06 10,900 MGA ▼ -0.61 %
26/06 10,291 MGA ▼ -5.58 %
27/06 9,872 MGA ▼ -4.08 %
28/06 9,887 MGA ▲ 0.15 %
29/06 9,633 MGA ▼ -2.57 %
30/06 9,537 MGA ▼ -1 %
01/07 9,452 MGA ▼ -0.89 %

* — The prediction of the price of 1 Elastos in Malagasy Ariary is made by our specialists based on statistical data, global trends and major business news. Price prediction of 1 Elastos in Malagasy Ariary for 30 days, 3 months and a year are made by different experts and may have slight differences.

Prediction of 1 Elastos in Malagasy Ariary for the next 3 months*

03/06 — 09/06 11,396 MGA ▼ -1.1 %
10/06 — 16/06 11,459 MGA ▲ 0.55 %
17/06 — 23/06 10,251 MGA ▼ -10.54 %
24/06 — 30/06 12,272 MGA ▲ 19.72 %
01/07 — 07/07 9,991 MGA ▼ -18.59 %
08/07 — 14/07 10,453 MGA ▲ 4.62 %
15/07 — 21/07 9,399 MGA ▼ -10.08 %
22/07 — 28/07 9,183 MGA ▼ -2.29 %
29/07 — 04/08 8,587 MGA ▼ -6.49 %
05/08 — 11/08 8,575 MGA ▼ -0.15 %
12/08 — 18/08 8,026 MGA ▼ -6.4 %
19/08 — 25/08 7,576 MGA ▼ -5.61 %

Prediction of 1 Elastos in Malagasy Ariary for the next year*

07/2024 11,421 MGA ▼ -0.89 %
07/2024 9,605 MGA ▼ -15.9 %
08/2024 12,721 MGA ▲ 32.44 %
09/2024 11,757 MGA ▼ -7.58 %
10/2024 10,535 MGA ▼ -10.4 %
11/2024 9,589 MGA ▼ -8.98 %
12/2024 22,598 MGA ▲ 135.67 %
01/2025 22,115 MGA ▼ -2.14 %
02/2025 21,047 MGA ▼ -4.83 %
03/2025 23,145 MGA ▲ 9.97 %
04/2025 21,564 MGA ▼ -6.83 %
05/2025 16,844 MGA ▼ -21.89 %

FAQ

What is the price 1 ELA in MGA today, 06 01, 2024?

As of today, the price of 1 Elastos to Malagasy Ariary is - 11,523 MGA

What will be the price 1 ELA in MGA tomorrow 2024.06.02?

For tomorrow 1 Elastos to Malagasy Ariary exchange rate - 12,070 mga

What will be the price 1 ELA in MGA in the next month?

Our analysts have made a detailed prediction price 1 Elastos to Malagasy Ariary 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 1 ELA in MGA in the next 3 months?

Our analysts have made a detailed prediction price 1 Elastos to Malagasy Ariary 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 1 ELA in MGA in the coming year?

Our analysts have made a detailed prediction price 1 Elastos to Malagasy Ariary 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