Currency exchange rate Nakfa against the Rakon. 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 Rakon currency:
currency exchange rate history, background information, prediction and more about ERN/RKN
Chart of History of changes in the ERN/RKN exchange rate
ERN/RKN exchange rate on today
06 08, 2024
1 ERN = 38.8485 RKN
▼ -2.89 %
This page provides information about the currency pair Nakfa/Rakon, and more precisely about how much 1 Nakfa costs in Rakon.
Data on the currency pair ERN/RKN 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/RKN 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/Rakon, 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/RKN exchange rate over the past 30 days
For the last 30 days (05 10, 2024 — 06 08, 2024) the Nakfa exchange rate against the Rakon currency changed by -39.85% (64.5866 RKN — 38.8485 RKN)
Change in the ERN/RKN exchange rate over the past 90 days
For the last 90 days (03 11, 2024 — 06 08, 2024) the Nakfa exchange rate against the Rakon currency changed by -7.87% (42.1691 RKN — 38.8485 RKN)
Change in the ERN/RKN exchange rate over the past 365 days
For the last 365 days (06 10, 2023 — 06 08, 2024) the Nakfa exchange rate against the Rakon currency changed by 318.45% (9.283988 RKN — 38.8485 RKN)
Change in the ERN/RKN exchange rate for all time
For all the time our site has been running (04 10, 2020 — 06 08, 2024) the Nakfa exchange rate against the Rakon currency changed by 4005.91% (0.94616047 RKN — 38.8485 RKN)
Nakfa/Rakon price prediction
Nakfa/Rakon price prediction for the next 30 days*
09/06 | 46.3309 RKN | ▲ 19.26 % |
10/06 | 40.3543 RKN | ▼ -12.9 % |
11/06 | 31.4744 RKN | ▼ -22 % |
12/06 | 31.3314 RKN | ▼ -0.45 % |
13/06 | 39.4864 RKN | ▲ 26.03 % |
14/06 | 39.4938 RKN | ▲ 0.02 % |
15/06 | 34.9902 RKN | ▼ -11.4 % |
16/06 | 26.3331 RKN | ▼ -24.74 % |
17/06 | 25.4067 RKN | ▼ -3.52 % |
18/06 | 26.6457 RKN | ▲ 4.88 % |
19/06 | 29.1048 RKN | ▲ 9.23 % |
20/06 | 24.503 RKN | ▼ -15.81 % |
21/06 | 22.5289 RKN | ▼ -8.06 % |
22/06 | 23.0568 RKN | ▲ 2.34 % |
23/06 | 23.5172 RKN | ▲ 2 % |
24/06 | 24.0798 RKN | ▲ 2.39 % |
25/06 | 23.9883 RKN | ▼ -0.38 % |
26/06 | 23.5422 RKN | ▼ -1.86 % |
27/06 | 25.0909 RKN | ▲ 6.58 % |
28/06 | 24.8637 RKN | ▼ -0.91 % |
29/06 | 22.6844 RKN | ▼ -8.76 % |
30/06 | 24.2991 RKN | ▲ 7.12 % |
01/07 | 21.9978 RKN | ▼ -9.47 % |
02/07 | 17.0152 RKN | ▼ -22.65 % |
03/07 | 19.5591 RKN | ▲ 14.95 % |
04/07 | 24.8539 RKN | ▲ 27.07 % |
05/07 | 25.062 RKN | ▲ 0.84 % |
06/07 | 25.1651 RKN | ▲ 0.41 % |
07/07 | 24.5589 RKN | ▼ -2.41 % |
08/07 | 29.4135 RKN | ▲ 19.77 % |
* — Price prediction of the Nakfa/Rakon 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/Rakon price prediction for the next 3 months*
10/06 — 16/06 | 26.59 RKN | ▼ -31.55 % |
17/06 — 23/06 | 45.9489 RKN | ▲ 72.81 % |
24/06 — 30/06 | 56.3373 RKN | ▲ 22.61 % |
01/07 — 07/07 | 58.8225 RKN | ▲ 4.41 % |
08/07 — 14/07 | 67.0341 RKN | ▲ 13.96 % |
15/07 — 21/07 | 55.7954 RKN | ▼ -16.77 % |
22/07 — 28/07 | 64.3994 RKN | ▲ 15.42 % |
29/07 — 04/08 | 53.9167 RKN | ▼ -16.28 % |
05/08 — 11/08 | 49.8726 RKN | ▼ -7.5 % |
12/08 — 18/08 | 39.3556 RKN | ▼ -21.09 % |
19/08 — 25/08 | 35.3685 RKN | ▼ -10.13 % |
26/08 — 01/09 | 48.8936 RKN | ▲ 38.24 % |
Nakfa/Rakon price prediction for the next year*
07/2024 | 40.5974 RKN | ▲ 4.5 % |
08/2024 | 38.1599 RKN | ▼ -6 % |
09/2024 | 45.9328 RKN | ▲ 20.37 % |
10/2024 | 44.7228 RKN | ▼ -2.63 % |
11/2024 | 55.9364 RKN | ▲ 25.07 % |
12/2024 | 73.9238 RKN | ▲ 32.16 % |
01/2025 | 74.939 RKN | ▲ 1.37 % |
02/2025 | 108.98 RKN | ▲ 45.42 % |
03/2025 | 214.73 RKN | ▲ 97.04 % |
04/2025 | 263.11 RKN | ▲ 22.53 % |
05/2025 | 165.94 RKN | ▼ -36.93 % |
06/2025 | 252.28 RKN | ▲ 52.03 % |
Nakfa/Rakon exchange rate statistics
For 30 days | |
---|---|
Minimum | 0.55427271 RKN |
Maximum | 67.9976 RKN |
Weighted Average | 35.4806 RKN |
For 90 days | |
Minimum | 0.32180911 RKN |
Maximum | 88.9562 RKN |
Weighted Average | 40.0798 RKN |
For 365 days | |
Minimum | 0.32180911 RKN |
Maximum | 88.9562 RKN |
Weighted Average | 17.1217 RKN |
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