Currency exchange rate Nakfa against the Mithril. 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 Mithril currency:
currency exchange rate history, background information, prediction and more about ERN/MITH
Chart of History of changes in the ERN/MITH exchange rate
ERN/MITH exchange rate on today
06 09, 2024
1 ERN = 5,494 MITH
▲ 5298.11 %
This page provides information about the currency pair Nakfa/Mithril, and more precisely about how much 1 Nakfa costs in Mithril.
Data on the currency pair ERN/MITH 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/MITH 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/Mithril, 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/MITH exchange rate over the past 30 days
For the last 30 days (05 11, 2024 — 06 09, 2024) the Nakfa exchange rate against the Mithril currency changed by -8.44% (6,000 MITH — 5,494 MITH)
Change in the ERN/MITH exchange rate over the past 90 days
For the last 90 days (03 12, 2024 — 06 09, 2024) the Nakfa exchange rate against the Mithril currency changed by 24% (4,430 MITH — 5,494 MITH)
Change in the ERN/MITH exchange rate over the past 365 days
For the last 365 days (06 17, 2023 — 06 09, 2024) the Nakfa exchange rate against the Mithril currency changed by 643.91% (738.46 MITH — 5,494 MITH)
Change in the ERN/MITH exchange rate for all time
For all the time our site has been running (04 10, 2020 — 06 09, 2024) the Nakfa exchange rate against the Mithril currency changed by 28723.83% (19.059 MITH — 5,494 MITH)
Nakfa/Mithril price prediction
Nakfa/Mithril price prediction for the next 30 days*
10/06 | 5,302 MITH | ▼ -3.49 % |
11/06 | 5,308 MITH | ▲ 0.1 % |
12/06 | 5,116 MITH | ▼ -3.62 % |
13/06 | 4,786 MITH | ▼ -6.44 % |
14/06 | 4,719 MITH | ▼ -1.4 % |
15/06 | 5,065 MITH | ▲ 7.34 % |
16/06 | 5,252 MITH | ▲ 3.69 % |
17/06 | 5,139 MITH | ▼ -2.16 % |
18/06 | 5,024 MITH | ▼ -2.23 % |
19/06 | 5,183 MITH | ▲ 3.16 % |
20/06 | 5,414 MITH | ▲ 4.46 % |
21/06 | 5,207 MITH | ▼ -3.84 % |
22/06 | 4,986 MITH | ▼ -4.24 % |
23/06 | 5,007 MITH | ▲ 0.43 % |
24/06 | 5,119 MITH | ▲ 2.24 % |
25/06 | 5,343 MITH | ▲ 4.38 % |
26/06 | 5,261 MITH | ▼ -1.54 % |
27/06 | 5,030 MITH | ▼ -4.39 % |
28/06 | 4,918 MITH | ▼ -2.24 % |
29/06 | 5,107 MITH | ▲ 3.84 % |
30/06 | 5,397 MITH | ▲ 5.68 % |
01/07 | 5,312 MITH | ▼ -1.57 % |
02/07 | 4,954 MITH | ▼ -6.74 % |
03/07 | 4,736 MITH | ▼ -4.41 % |
04/07 | 4,736 MITH | ▼ -0.01 % |
05/07 | 4,839 MITH | ▲ 2.19 % |
06/07 | 5,111 MITH | ▲ 5.61 % |
07/07 | 5,029 MITH | ▼ -1.6 % |
08/07 | 3,521 MITH | ▼ -30 % |
09/07 | 7,159 MITH | ▲ 103.36 % |
* — Price prediction of the Nakfa/Mithril 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/Mithril price prediction for the next 3 months*
10/06 — 16/06 | 5,314 MITH | ▼ -3.27 % |
17/06 — 23/06 | 4,902 MITH | ▼ -7.75 % |
24/06 — 30/06 | 5,495 MITH | ▲ 12.09 % |
01/07 — 07/07 | 5,959 MITH | ▲ 8.43 % |
08/07 — 14/07 | 5,604 MITH | ▼ -5.96 % |
15/07 — 21/07 | 4,708 MITH | ▼ -15.98 % |
22/07 — 28/07 | 4,661 MITH | ▼ -1 % |
29/07 — 04/08 | 4,955 MITH | ▲ 6.3 % |
05/08 — 11/08 | 5,111 MITH | ▲ 3.15 % |
12/08 — 18/08 | 5,185 MITH | ▲ 1.44 % |
19/08 — 25/08 | 4,259 MITH | ▼ -17.85 % |
26/08 — 01/09 | 6,087 MITH | ▲ 42.91 % |
Nakfa/Mithril price prediction for the next year*
07/2024 | 5,610 MITH | ▲ 2.12 % |
08/2024 | 4,717 MITH | ▼ -15.92 % |
09/2024 | 6,088 MITH | ▲ 29.05 % |
10/2024 | 18,343 MITH | ▲ 201.32 % |
11/2024 | 20,318 MITH | ▲ 10.76 % |
12/2024 | 13,550 MITH | ▼ -33.31 % |
01/2025 | 17,344 MITH | ▲ 28 % |
02/2025 | 21,158 MITH | ▲ 21.99 % |
03/2025 | 41,543 MITH | ▲ 96.35 % |
04/2025 | 37,124 MITH | ▼ -10.64 % |
05/2025 | 46,050 MITH | ▲ 24.05 % |
06/2025 | 51,562 MITH | ▲ 11.97 % |
Nakfa/Mithril exchange rate statistics
For 30 days | |
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Minimum | 86.632 MITH |
Maximum | 6,340 MITH |
Weighted Average | 4,419 MITH |
For 90 days | |
Minimum | 52.8974 MITH |
Maximum | 7,637 MITH |
Weighted Average | 4,524 MITH |
For 365 days | |
Minimum | 33.4766 MITH |
Maximum | 7,637 MITH |
Weighted Average | 2,169 MITH |
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