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

Price 1 Malagasy Ariary to aelf based on current data,
received from currency exchange exchanges as of 06 01, 2024, is 0.00044343 ELF.

How much is 1 MGA in ELF?

06 01, 2024
1 MGA = 0.00044343 ELF
▲ 0.38 %
1 ELF = 2,255 MGA
1 MGA = 0.00044343 ELF

Chart of History of price changes 1 MGA in ELF

Price statistics 1 Malagasy Ariary in aelf

For 30 days
Minimum 0.00040761 ELF
Maximum 0.0004418 ELF
Weighted Average 0.00042602 ELF
For 90 days
Minimum 0.0003154 ELF
Maximum 0.0004418 ELF
Weighted Average 0.0003875 ELF
For 365 days
Minimum 0.0002665 ELF
Maximum 0.00145075 ELF
Weighted Average 0.00053336 ELF

Change in the price of 1 MGA to ELF in the last 30 days

For the last 30 days (05 03, 2024 — 06 01, 2024) price 1 Malagasy Ariary against aelf changed by 7.37% (0.000413 ELF — 0.00044343 ELF)

Change in the price of 1 MGA to ELF in the last 90 days

For the last 90 days (03 04, 2024 — 06 01, 2024) the price of 1 Malagasy Ariary against aelf changed by 42.95% (0.0003102 ELF — 0.00044343 ELF)

Change in the price of 1 MGA to ELF in the last 365 days

For the last 365 days (06 03, 2023 — 06 01, 2024) the price of 1 Malagasy Ariary against aelf changed by -40.7% (0.00074777 ELF — 0.00044343 ELF)

Change in the price of 1 MGA to ELF for the entire time

For all the time our site has been running (04 10, 2020 — 06 01, 2024) the price of 1 Malagasy Ariary against aelf changed by -88.96% (0.00401667 ELF — 0.00044343 ELF)

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Price prediction 1 Malagasy Ariary in aelf

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 Malagasy Ariary in aelf for the next 30 days*

03/06 0.00044859 ELF ▲ 1.16 %
04/06 0.00044397 ELF ▼ -1.03 %
05/06 0.00044471 ELF ▲ 0.17 %
06/06 0.00044196 ELF ▼ -0.62 %
07/06 0.00044876 ELF ▲ 1.54 %
08/06 0.00045207 ELF ▲ 0.74 %
09/06 0.000457 ELF ▲ 1.09 %
10/06 0.00046047 ELF ▲ 0.76 %
11/06 0.00046516 ELF ▲ 1.02 %
12/06 0.00046366 ELF ▼ -0.32 %
13/06 0.00047564 ELF ▲ 2.58 %
14/06 0.00048099 ELF ▲ 1.12 %
15/06 0.00048247 ELF ▲ 0.31 %
16/06 0.00047508 ELF ▼ -1.53 %
17/06 0.00047103 ELF ▼ -0.85 %
18/06 0.00047005 ELF ▼ -0.21 %
19/06 0.00046888 ELF ▼ -0.25 %
20/06 0.00046495 ELF ▼ -0.84 %
21/06 0.00045593 ELF ▼ -1.94 %
22/06 0.00046004 ELF ▲ 0.9 %
23/06 0.00046896 ELF ▲ 1.94 %
24/06 0.00046996 ELF ▲ 0.21 %
25/06 0.00046861 ELF ▼ -0.29 %
26/06 0.0004694 ELF ▲ 0.17 %
27/06 0.00046786 ELF ▼ -0.33 %
28/06 0.0004669 ELF ▼ -0.2 %
29/06 0.00046692 ELF ▲ 0 %
30/06 0.00047438 ELF ▲ 1.6 %
01/07 0.00047976 ELF ▲ 1.13 %
02/07 0.00048133 ELF ▲ 0.33 %

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

Prediction of 1 Malagasy Ariary in aelf for the next 3 months*

03/06 — 09/06 0.00044264 ELF ▼ -0.18 %
10/06 — 16/06 0.0004282 ELF ▼ -3.26 %
17/06 — 23/06 0.00043251 ELF ▲ 1 %
24/06 — 30/06 0.00043001 ELF ▼ -0.58 %
01/07 — 07/07 0.00050017 ELF ▲ 16.32 %
08/07 — 14/07 0.00049024 ELF ▼ -1.99 %
15/07 — 21/07 0.00047087 ELF ▼ -3.95 %
22/07 — 28/07 0.00050357 ELF ▲ 6.94 %
29/07 — 04/08 0.00053647 ELF ▲ 6.53 %
05/08 — 11/08 0.00052471 ELF ▼ -2.19 %
12/08 — 18/08 0.00053525 ELF ▲ 2.01 %
19/08 — 25/08 0.00054826 ELF ▲ 2.43 %

Prediction of 1 Malagasy Ariary in aelf for the next year*

07/2024 0.00044216 ELF ▼ -0.29 %
08/2024 0.00043721 ELF ▼ -1.12 %
08/2024 0.00040338 ELF ▼ -7.74 %
09/2024 0.00035184 ELF ▼ -12.78 %
10/2024 0.00035575 ELF ▲ 1.11 %
11/2024 0.00026937 ELF ▼ -24.28 %
12/2024 0.00024019 ELF ▼ -10.83 %
01/2025 0.00026683 ELF ▲ 11.09 %
02/2025 0.00034296 ELF ▲ 28.53 %
03/2025 0.000275 ELF ▼ -19.82 %
04/2025 0.00033921 ELF ▲ 23.35 %
05/2025 0.00035598 ELF ▲ 4.94 %

FAQ

What is the price 1 MGA in ELF today, 06 01, 2024?

As of today, the price of 1 Malagasy Ariary to aelf is - 0.00044343 ELF

What will be the price 1 MGA in ELF tomorrow 2024.06.03?

For tomorrow 1 Malagasy Ariary to aelf exchange rate - 0 elf

What will be the price 1 MGA in ELF in the next month?

Our analysts have made a detailed prediction price 1 Malagasy Ariary to aelf 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 MGA in ELF in the next 3 months?

Our analysts have made a detailed prediction price 1 Malagasy Ariary to aelf 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 MGA in ELF in the coming year?

Our analysts have made a detailed prediction price 1 Malagasy Ariary to aelf 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