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

Price 5 Nakfa to Tanzanian Shilling based on current data,
received from currency exchange exchanges as of 05 18, 2024, is 58,572 TZS.

How much is 5 ERN in TZS?

05 18, 2024
5 ERN = 58,572 TZS
▼ -0.88 %
5 TZS = 0 ERN
1 ERN = 11,714 TZS

Chart of History of price changes 5 ERN in TZS

Price statistics 5 Nakfa in Tanzanian Shilling

For 30 days
Minimum 859.78 TZS
Maximum 76,528 TZS
Weighted Average 44,847 TZS
For 90 days
Minimum 846.86 TZS
Maximum 101,379 TZS
Weighted Average 48,466 TZS
For 365 days
Minimum 784.56 TZS
Maximum 101,379 TZS
Weighted Average 24,305 TZS

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

For the last 30 days (04 19, 2024 — 05 18, 2024) price 5 Nakfa against Tanzanian Shilling changed by 1.49% (57,713 TZS — 58,572 TZS)

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

For the last 90 days (02 19, 2024 — 05 18, 2024) the price of 5 Nakfa against Tanzanian Shilling changed by 89.46% (30,915 TZS — 58,572 TZS)

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

For the last 365 days (05 20, 2023 — 05 18, 2024) the price of 5 Nakfa against Tanzanian Shilling changed by 161.67% (22,384 TZS — 58,572 TZS)

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

For all the time our site has been running (04 10, 2020 — 05 18, 2024) the price of 5 Nakfa against Tanzanian Shilling changed by 7495.22% (771.17 TZS — 58,572 TZS)

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Price prediction 5 Nakfa in Tanzanian Shilling

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 Tanzanian Shilling for the next 30 days*

19/05 59,986 TZS ▲ 2.41 %
20/05 62,767 TZS ▲ 4.64 %
21/05 66,661 TZS ▲ 6.2 %
22/05 70,887 TZS ▲ 6.34 %
23/05 68,029 TZS ▼ -4.03 %
24/05 64,753 TZS ▼ -4.82 %
25/05 64,361 TZS ▼ -0.61 %
26/05 64,785 TZS ▲ 0.66 %
27/05 62,743 TZS ▼ -3.15 %
28/05 59,794 TZS ▼ -4.7 %
29/05 58,132 TZS ▼ -2.78 %
30/05 55,559 TZS ▼ -4.43 %
31/05 51,833 TZS ▼ -6.71 %
01/06 53,596 TZS ▲ 3.4 %
02/06 56,258 TZS ▲ 4.97 %
03/06 56,892 TZS ▲ 1.13 %
04/06 61,484 TZS ▲ 8.07 %
05/06 64,488 TZS ▲ 4.89 %
06/06 76,076 TZS ▲ 17.97 %
07/06 75,255 TZS ▼ -1.08 %
08/06 68,905 TZS ▼ -8.44 %
09/06 68,861 TZS ▼ -0.06 %
10/06 66,559 TZS ▼ -3.34 %
11/06 65,595 TZS ▼ -1.45 %
12/06 62,190 TZS ▼ -5.19 %
13/06 57,420 TZS ▼ -7.67 %
14/06 56,063 TZS ▼ -2.36 %
15/06 58,662 TZS ▲ 4.64 %
16/06 60,452 TZS ▲ 3.05 %
17/06 81,896 TZS ▲ 35.47 %

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

Prediction of 5 Nakfa in Tanzanian Shilling for the next 3 months*

20/05 — 26/05 62,937 TZS ▲ 7.45 %
27/05 — 02/06 89,066 TZS ▲ 41.52 %
03/06 — 09/06 113,678 TZS ▲ 27.63 %
10/06 — 16/06 117,122 TZS ▲ 3.03 %
17/06 — 23/06 99,305 TZS ▼ -15.21 %
24/06 — 30/06 109,127 TZS ▲ 9.89 %
01/07 — 07/07 73,500 TZS ▼ -32.65 %
08/07 — 14/07 80,343 TZS ▲ 9.31 %
15/07 — 21/07 62,390 TZS ▼ -22.34 %
22/07 — 28/07 67,423 TZS ▲ 8.07 %
29/07 — 04/08 67,259 TZS ▼ -0.24 %
05/08 — 11/08 94,860 TZS ▲ 41.04 %

Prediction of 5 Nakfa in Tanzanian Shilling for the next year*

06/2024 60,484 TZS ▲ 3.26 %
07/2024 72,571 TZS ▲ 19.98 %
08/2024 59,430 TZS ▼ -18.11 %
09/2024 65,427 TZS ▲ 10.09 %
10/2024 66,235 TZS ▲ 1.24 %
11/2024 72,554 TZS ▲ 9.54 %
12/2024 88,800 TZS ▲ 22.39 %
01/2025 80,549 TZS ▼ -9.29 %
02/2025 134,681 TZS ▲ 67.2 %
03/2025 297,856 TZS ▲ 121.16 %
04/2025 156,158 TZS ▼ -47.57 %
05/2025 237,989 TZS ▲ 52.4 %

FAQ

What is the price 5 ERN in TZS today, 05 18, 2024?

As of today, the price of 5 Nakfa to Tanzanian Shilling is - 58,572 TZS

What will be the price 5 ERN in TZS tomorrow 2024.05.19?

For tomorrow 5 Nakfa to Tanzanian Shilling exchange rate - 59,986 tzs

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

Our analysts have made a detailed prediction price 5 Nakfa to Tanzanian Shilling 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 TZS in the next 3 months?

Our analysts have made a detailed prediction price 5 Nakfa to Tanzanian Shilling 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 TZS in the coming year?

Our analysts have made a detailed prediction price 5 Nakfa to Tanzanian Shilling 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