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

Price 5 Nakfa to Malagasy Ariary based on current data,
received from currency exchange exchanges as of 06 01, 2024, is 90,181 MGA.

How much is 5 ERN in MGA?

06 01, 2024
5 ERN = 90,181 MGA
▼ -6.4 %
5 MGA = 0 ERN
1 ERN = 18,036 MGA

Chart of History of price changes 5 ERN in MGA

Price statistics 5 Nakfa in Malagasy Ariary

For 30 days
Minimum 1,467 MGA
Maximum 131,003 MGA
Weighted Average 75,973 MGA
For 90 days
Minimum 1,449 MGA
Maximum 178,715 MGA
Weighted Average 88,155 MGA
For 365 days
Minimum 1,449 MGA
Maximum 178,715 MGA
Weighted Average 44,683 MGA

Change in the price of 5 ERN to MGA in the last 30 days

For the last 30 days (05 03, 2024 — 06 01, 2024) price 5 Nakfa against Malagasy Ariary changed by 3.38% (87,236 MGA — 90,181 MGA)

Change in the price of 5 ERN to MGA in the last 90 days

For the last 90 days (03 04, 2024 — 06 01, 2024) the price of 5 Nakfa against Malagasy Ariary changed by -0.22% (90,377 MGA — 90,181 MGA)

Change in the price of 5 ERN to MGA in the last 365 days

For the last 365 days (06 03, 2023 — 06 01, 2024) the price of 5 Nakfa against Malagasy Ariary changed by 112.03% (42,532 MGA — 90,181 MGA)

Change in the price of 5 ERN to MGA for the entire time

For all the time our site has been running (04 10, 2020 — 06 01, 2024) the price of 5 Nakfa against Malagasy Ariary changed by 7114.43% (1,250 MGA — 90,181 MGA)

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Price prediction 5 Nakfa 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 5 Nakfa in Malagasy Ariary for the next 30 days*

03/06 94,761 MGA ▲ 5.08 %
04/06 95,160 MGA ▲ 0.42 %
05/06 102,036 MGA ▲ 7.23 %
06/06 106,530 MGA ▲ 4.4 %
07/06 133,013 MGA ▲ 24.86 %
08/06 131,256 MGA ▼ -1.32 %
09/06 118,973 MGA ▼ -9.36 %
10/06 118,590 MGA ▼ -0.32 %
11/06 115,846 MGA ▼ -2.31 %
12/06 113,878 MGA ▼ -1.7 %
13/06 107,979 MGA ▼ -5.18 %
14/06 103,185 MGA ▼ -4.44 %
15/06 100,367 MGA ▼ -2.73 %
16/06 106,438 MGA ▲ 6.05 %
17/06 110,296 MGA ▲ 3.62 %
18/06 110,417 MGA ▲ 0.11 %
19/06 106,802 MGA ▼ -3.27 %
20/06 109,044 MGA ▲ 2.1 %
21/06 113,505 MGA ▲ 4.09 %
22/06 110,388 MGA ▼ -2.75 %
23/06 107,078 MGA ▼ -3 %
24/06 108,349 MGA ▲ 1.19 %
25/06 109,608 MGA ▲ 1.16 %
26/06 110,988 MGA ▲ 1.26 %
27/06 110,237 MGA ▼ -0.68 %
28/06 106,920 MGA ▼ -3.01 %
29/06 103,246 MGA ▼ -3.44 %
30/06 103,900 MGA ▲ 0.63 %
01/07 105,077 MGA ▲ 1.13 %
02/07 151,906 MGA ▲ 44.57 %

* — The prediction of the price of 5 Nakfa in Malagasy Ariary is made by our specialists based on statistical data, global trends and major business news. Price prediction of 5 Nakfa in Malagasy Ariary for 30 days, 3 months and a year are made by different experts and may have slight differences.

Prediction of 5 Nakfa in Malagasy Ariary for the next 3 months*

03/06 — 09/06 108,974 MGA ▲ 20.84 %
10/06 — 16/06 109,363 MGA ▲ 0.36 %
17/06 — 23/06 94,020 MGA ▼ -14.03 %
24/06 — 30/06 101,789 MGA ▲ 8.26 %
01/07 — 07/07 58,049 MGA ▼ -42.97 %
08/07 — 14/07 62,684 MGA ▲ 7.99 %
15/07 — 21/07 51,306 MGA ▼ -18.15 %
22/07 — 28/07 54,437 MGA ▲ 6.1 %
29/07 — 04/08 54,324 MGA ▼ -0.21 %
05/08 — 11/08 54,583 MGA ▲ 0.48 %
12/08 — 18/08 54,810 MGA ▲ 0.41 %
19/08 — 25/08 68,846 MGA ▲ 25.61 %

Prediction of 5 Nakfa in Malagasy Ariary for the next year*

07/2024 92,804 MGA ▲ 2.91 %
08/2024 110,781 MGA ▲ 19.37 %
08/2024 90,199 MGA ▼ -18.58 %
09/2024 99,276 MGA ▲ 10.06 %
10/2024 100,145 MGA ▲ 0.88 %
11/2024 108,297 MGA ▲ 8.14 %
12/2024 127,993 MGA ▲ 18.19 %
01/2025 107,126 MGA ▼ -16.3 %
02/2025 110,411 MGA ▲ 3.07 %
03/2025 285,218 MGA ▲ 158.32 %
04/2025 132,882 MGA ▼ -53.41 %
05/2025 225,628 MGA ▲ 69.8 %

FAQ

What is the price 5 ERN in MGA today, 06 01, 2024?

As of today, the price of 5 Nakfa to Malagasy Ariary is - 90,181 MGA

What will be the price 5 ERN in MGA tomorrow 2024.06.03?

For tomorrow 5 Nakfa to Malagasy Ariary exchange rate - 94,761 mga

What will be the price 5 ERN in MGA in the next month?

Our analysts have made a detailed prediction price 5 Nakfa 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 5 ERN in MGA in the next 3 months?

Our analysts have made a detailed prediction price 5 Nakfa 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 5 ERN in MGA in the coming year?

Our analysts have made a detailed prediction price 5 Nakfa 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