1 Lari to Ren. Chart, history price and prediction on tomorrow, next month, 2024 year

Price 1 Lari to Ren based on current data,
received from currency exchange exchanges as of 05 28, 2024, is 5.639991 REN.

How much is 1 GEL in REN?

05 28, 2024
1 GEL = 5.639991 REN
▼ -1 %
1 REN = 0.18 GEL
1 GEL = 5.639991 REN

Chart of History of price changes 1 GEL in REN

Price statistics 1 Lari in Ren

For 30 days
Minimum 4.507783 REN
Maximum 6.805302 REN
Weighted Average 5.311814 REN
For 90 days
Minimum 3.482332 REN
Maximum 10.0168 REN
Weighted Average 5.744583 REN
For 365 days
Minimum 0.16557022 REN
Maximum 16.2078 REN
Weighted Average 6.274299 REN

Change in the price of 1 GEL to REN in the last 30 days

For the last 30 days (04 29, 2024 — 05 28, 2024) price 1 Lari against Ren changed by -6.51% (6.032898 REN — 5.639991 REN)

Change in the price of 1 GEL to REN in the last 90 days

For the last 90 days (02 29, 2024 — 05 28, 2024) the price of 1 Lari against Ren changed by -43.94% (10.0607 REN — 5.639991 REN)

Change in the price of 1 GEL to REN in the last 365 days

For the last 365 days (05 30, 2023 — 05 28, 2024) the price of 1 Lari against Ren changed by 36.95% (4.118193 REN — 5.639991 REN)

Change in the price of 1 GEL to REN for the entire time

For all the time our site has been running (04 10, 2020 — 05 28, 2024) the price of 1 Lari against Ren changed by -1.65% (5.734536 REN — 5.639991 REN)

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Price prediction 1 Lari in Ren

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 1 Lari in Ren for the next 30 days*

29/05 5.617551 REN ▼ -0.4 %
30/05 5.573071 REN ▼ -0.79 %
31/05 5.580051 REN ▲ 0.13 %
01/06 5.15132 REN ▼ -7.68 %
02/06 5.021822 REN ▼ -2.51 %
03/06 4.904531 REN ▼ -2.34 %
04/06 4.829798 REN ▼ -1.52 %
05/06 4.692353 REN ▼ -2.85 %
06/06 4.744596 REN ▲ 1.11 %
07/06 4.750818 REN ▲ 0.13 %
08/06 4.642251 REN ▼ -2.29 %
09/06 4.554759 REN ▼ -1.88 %
10/06 4.706075 REN ▲ 3.32 %
11/06 4.880627 REN ▲ 3.71 %
12/06 4.99492 REN ▲ 2.34 %
13/06 5.012422 REN ▲ 0.35 %
14/06 4.944543 REN ▼ -1.35 %
15/06 4.782688 REN ▼ -3.27 %
16/06 4.695896 REN ▼ -1.81 %
17/06 4.701933 REN ▲ 0.13 %
18/06 4.673267 REN ▼ -0.61 %
19/06 4.759094 REN ▲ 1.84 %
20/06 5.473752 REN ▲ 15.02 %
21/06 5.559481 REN ▲ 1.57 %
22/06 5.661903 REN ▲ 1.84 %
23/06 5.381174 REN ▼ -4.96 %
24/06 4.613765 REN ▼ -14.26 %
25/06 4.880434 REN ▲ 5.78 %
26/06 5.248644 REN ▲ 7.54 %
27/06 5.305335 REN ▲ 1.08 %

* — The prediction of the price of 1 Lari in Ren is made by our specialists based on statistical data, global trends and major business news. Price prediction of 1 Lari in Ren for 30 days, 3 months and a year are made by different experts and may have slight differences.

Prediction of 1 Lari in Ren for the next 3 months*

03/06 — 09/06 5.610329 REN ▼ -0.53 %
10/06 — 16/06 5.285686 REN ▼ -5.79 %
17/06 — 23/06 4.730926 REN ▼ -10.5 %
24/06 — 30/06 4.601526 REN ▼ -2.74 %
01/07 — 07/07 5.369046 REN ▲ 16.68 %
08/07 — 14/07 5.040275 REN ▼ -6.12 %
15/07 — 21/07 5.480084 REN ▲ 8.73 %
22/07 — 28/07 4.653852 REN ▼ -15.08 %
29/07 — 04/08 4.912202 REN ▲ 5.55 %
05/08 — 11/08 4.70941 REN ▼ -4.13 %
12/08 — 18/08 5.073399 REN ▲ 7.73 %
19/08 — 25/08 5.133411 REN ▲ 1.18 %

Prediction of 1 Lari in Ren for the next year*

06/2024 5.61131 REN ▼ -0.51 %
07/2024 5.571619 REN ▼ -0.71 %
08/2024 6.855148 REN ▲ 23.04 %
09/2024 6.0544 REN ▼ -11.68 %
10/2024 6.655138 REN ▲ 9.92 %
11/2024 7.06924 REN ▲ 6.22 %
12/2024 7.018847 REN ▼ -0.71 %
01/2025 15.849 REN ▲ 125.81 %
02/2025 10.9376 REN ▼ -30.99 %
03/2025 7.306501 REN ▼ -33.2 %
04/2025 8.786275 REN ▲ 20.25 %
05/2025 8.361175 REN ▼ -4.84 %

FAQ

What is the price 1 GEL in REN today, 05 28, 2024?

As of today, the price of 1 Lari to Ren is - 5.639991 REN

What will be the price 1 GEL in REN tomorrow 2024.05.29?

For tomorrow 1 Lari to Ren exchange rate - 6 ren

What will be the price 1 GEL in REN in the next month?

Our analysts have made a detailed prediction price 1 Lari to Ren 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 1 GEL in REN in the next 3 months?

Our analysts have made a detailed prediction price 1 Lari to Ren 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 1 GEL in REN in the coming year?

Our analysts have made a detailed prediction price 1 Lari to Ren 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