Currency exchange rate Melon against the Rwanda Franc. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Melon currency exchange rate against the Rwanda Franc currency:
currency exchange rate history, background information, prediction and more about MLN/RWF
Chart of History of changes in the MLN/RWF exchange rate
MLN/RWF exchange rate on today
06 08, 2024
1 MLN = 26,732 RWF
▼ -2.79 %
This page provides information about the currency pair Melon/Rwanda Franc, and more precisely about how much 1 Melon costs in Rwanda Franc.
Data on the currency pair MLN/RWF 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 MLN/RWF 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 Melon/Rwanda Franc, 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 MLN/RWF exchange rate over the past 30 days
For the last 30 days (05 10, 2024 — 06 08, 2024) the Melon exchange rate against the Rwanda Franc currency changed by -7.4% (28,870 RWF — 26,732 RWF)
Change in the MLN/RWF exchange rate over the past 90 days
For the last 90 days (03 11, 2024 — 06 08, 2024) the Melon exchange rate against the Rwanda Franc currency changed by -11.15% (30,088 RWF — 26,732 RWF)
Change in the MLN/RWF exchange rate over the past 365 days
For the last 365 days (06 10, 2023 — 06 08, 2024) the Melon exchange rate against the Rwanda Franc currency changed by 36.5% (19,584 RWF — 26,732 RWF)
Change in the MLN/RWF exchange rate for all time
For all the time our site has been running (04 10, 2020 — 06 08, 2024) the Melon exchange rate against the Rwanda Franc currency changed by 905.18% (2,659 RWF — 26,732 RWF)
Melon/Rwanda Franc price prediction
Melon/Rwanda Franc price prediction for the next 30 days*
09/06 | 26,954 RWF | ▲ 0.83 % |
10/06 | 26,396 RWF | ▼ -2.07 % |
11/06 | 25,662 RWF | ▼ -2.78 % |
12/06 | 24,910 RWF | ▼ -2.93 % |
13/06 | 24,432 RWF | ▼ -1.92 % |
14/06 | 24,522 RWF | ▲ 0.37 % |
15/06 | 25,373 RWF | ▲ 3.47 % |
16/06 | 26,600 RWF | ▲ 4.84 % |
17/06 | 26,128 RWF | ▼ -1.78 % |
18/06 | 24,344 RWF | ▼ -6.83 % |
19/06 | 24,854 RWF | ▲ 2.09 % |
20/06 | 25,714 RWF | ▲ 3.46 % |
21/06 | 26,205 RWF | ▲ 1.91 % |
22/06 | 25,233 RWF | ▼ -3.71 % |
23/06 | 24,751 RWF | ▼ -1.91 % |
24/06 | 25,337 RWF | ▲ 2.37 % |
25/06 | 25,950 RWF | ▲ 2.42 % |
26/06 | 26,085 RWF | ▲ 0.52 % |
27/06 | 25,577 RWF | ▼ -1.95 % |
28/06 | 25,371 RWF | ▼ -0.81 % |
29/06 | 25,584 RWF | ▲ 0.84 % |
30/06 | 25,787 RWF | ▲ 0.8 % |
01/07 | 25,882 RWF | ▲ 0.37 % |
02/07 | 25,280 RWF | ▼ -2.33 % |
03/07 | 25,159 RWF | ▼ -0.48 % |
04/07 | 25,588 RWF | ▲ 1.7 % |
05/07 | 26,472 RWF | ▲ 3.46 % |
06/07 | 27,057 RWF | ▲ 2.21 % |
07/07 | 26,211 RWF | ▼ -3.13 % |
08/07 | 25,327 RWF | ▼ -3.37 % |
* — Price prediction of the Melon/Rwanda Franc 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.
Melon/Rwanda Franc price prediction for the next 3 months*
10/06 — 16/06 | 26,309 RWF | ▼ -1.59 % |
17/06 — 23/06 | 27,068 RWF | ▲ 2.89 % |
24/06 — 30/06 | 26,556 RWF | ▼ -1.89 % |
01/07 — 07/07 | 22,614 RWF | ▼ -14.84 % |
08/07 — 14/07 | 24,715 RWF | ▲ 9.29 % |
15/07 — 21/07 | 22,196 RWF | ▼ -10.19 % |
22/07 — 28/07 | 24,087 RWF | ▲ 8.52 % |
29/07 — 04/08 | 22,025 RWF | ▼ -8.56 % |
05/08 — 11/08 | 22,149 RWF | ▲ 0.56 % |
12/08 — 18/08 | 23,592 RWF | ▲ 6.52 % |
19/08 — 25/08 | 22,796 RWF | ▼ -3.37 % |
26/08 — 01/09 | 22,856 RWF | ▲ 0.26 % |
Melon/Rwanda Franc price prediction for the next year*
07/2024 | 27,192 RWF | ▲ 1.72 % |
08/2024 | 19,292 RWF | ▼ -29.05 % |
09/2024 | 20,418 RWF | ▲ 5.83 % |
10/2024 | 21,638 RWF | ▲ 5.98 % |
11/2024 | 20,201 RWF | ▼ -6.64 % |
12/2024 | 31,738 RWF | ▲ 57.11 % |
01/2025 | 25,948 RWF | ▼ -18.24 % |
02/2025 | 31,478 RWF | ▲ 21.31 % |
03/2025 | 42,583 RWF | ▲ 35.28 % |
04/2025 | 29,920 RWF | ▼ -29.74 % |
05/2025 | 32,325 RWF | ▲ 8.04 % |
06/2025 | 31,359 RWF | ▼ -2.99 % |
Melon/Rwanda Franc exchange rate statistics
For 30 days | |
---|---|
Minimum | 25,428 RWF |
Maximum | 29,482 RWF |
Weighted Average | 27,553 RWF |
For 90 days | |
Minimum | 25,028 RWF |
Maximum | 41,948 RWF |
Weighted Average | 29,446 RWF |
For 365 days | |
Minimum | 15,692 RWF |
Maximum | 41,948 RWF |
Weighted Average | 22,967 RWF |
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