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

Price 1 Malagasy Ariary to Ren based on current data,
received from currency exchange exchanges as of 05 28, 2024, is 0.00312194 REN.

How much is 1 MGA in REN?

05 28, 2024
1 MGA = 0.00312194 REN
▲ 0.28 %
1 REN = 320.31 MGA
1 MGA = 0.00312194 REN

Chart of History of price changes 1 MGA in REN

Price statistics 1 Malagasy Ariary in Ren

For 30 days
Minimum 0.00309446 REN
Maximum 0.00411026 REN
Weighted Average 0.00367921 REN
For 90 days
Minimum 0.00204643 REN
Maximum 0.00495988 REN
Weighted Average 0.00306163 REN
For 365 days
Minimum 0.00204643 REN
Maximum 0.00915796 REN
Weighted Average 0.00371942 REN

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

For the last 30 days (04 29, 2024 — 05 28, 2024) price 1 Malagasy Ariary against Ren changed by -14.37% (0.00364574 REN — 0.00312194 REN)

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

For the last 90 days (02 29, 2024 — 05 28, 2024) the price of 1 Malagasy Ariary against Ren changed by 17.77% (0.00265078 REN — 0.00312194 REN)

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

For the last 365 days (05 30, 2023 — 05 28, 2024) the price of 1 Malagasy Ariary against Ren changed by 2.61% (0.0030425 REN — 0.00312194 REN)

Change in the price of 1 MGA 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 Malagasy Ariary against Ren changed by -35.9% (0.00487062 REN — 0.00312194 REN)

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Price prediction 1 Malagasy Ariary 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 Malagasy Ariary in Ren for the next 30 days*

29/05 0.00323892 REN ▲ 3.75 %
30/05 0.0034188 REN ▲ 5.55 %
31/05 0.00347037 REN ▲ 1.51 %
01/06 0.00335166 REN ▼ -3.42 %
02/06 0.00327733 REN ▼ -2.22 %
03/06 0.00324196 REN ▼ -1.08 %
04/06 0.00323858 REN ▼ -0.1 %
05/06 0.00318239 REN ▼ -1.74 %
06/06 0.00325631 REN ▲ 2.32 %
07/06 0.00331385 REN ▲ 1.77 %
08/06 0.00327009 REN ▼ -1.32 %
09/06 0.00328396 REN ▲ 0.42 %
10/06 0.00342147 REN ▲ 4.19 %
11/06 0.00354287 REN ▲ 3.55 %
12/06 0.00363104 REN ▲ 2.49 %
13/06 0.00362104 REN ▼ -0.28 %
14/06 0.00353658 REN ▼ -2.33 %
15/06 0.00339537 REN ▼ -3.99 %
16/06 0.00330848 REN ▼ -2.56 %
17/06 0.00327039 REN ▼ -1.15 %
18/06 0.00331715 REN ▲ 1.43 %
19/06 0.00317055 REN ▼ -4.42 %
20/06 0.00288685 REN ▼ -8.95 %
21/06 0.00285593 REN ▼ -1.07 %
22/06 0.00300877 REN ▲ 5.35 %
23/06 0.00291671 REN ▼ -3.06 %
24/06 0.00255626 REN ▼ -12.36 %
25/06 0.00265337 REN ▲ 3.8 %
26/06 0.00265443 REN ▲ 0.04 %
27/06 0.00264226 REN ▼ -0.46 %

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

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

03/06 — 09/06 0.00312878 REN ▲ 0.22 %
10/06 — 16/06 0.00297173 REN ▼ -5.02 %
17/06 — 23/06 0.00286736 REN ▼ -3.51 %
24/06 — 30/06 0.0029823 REN ▲ 4.01 %
01/07 — 07/07 0.00505047 REN ▲ 69.35 %
08/07 — 14/07 0.00460555 REN ▼ -8.81 %
15/07 — 21/07 0.00497514 REN ▲ 8.02 %
22/07 — 28/07 0.00485693 REN ▼ -2.38 %
29/07 — 04/08 0.00539685 REN ▲ 11.12 %
05/08 — 11/08 0.00471733 REN ▼ -12.59 %
12/08 — 18/08 0.00400551 REN ▼ -15.09 %
19/08 — 25/08 0.0039854 REN ▼ -0.5 %

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

06/2024 0.00304711 REN ▼ -2.4 %
07/2024 0.00329842 REN ▲ 8.25 %
08/2024 0.00427067 REN ▲ 29.48 %
09/2024 0.00395819 REN ▼ -7.32 %
10/2024 0.00398311 REN ▲ 0.63 %
11/2024 0.00321362 REN ▼ -19.32 %
12/2024 0.00253952 REN ▼ -20.98 %
01/2025 0.00367892 REN ▲ 44.87 %
02/2025 0.00342414 REN ▼ -6.93 %
03/2025 0.00217429 REN ▼ -36.5 %
04/2025 0.00438866 REN ▲ 101.84 %
05/2025 0.0035507 REN ▼ -19.09 %

FAQ

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

As of today, the price of 1 Malagasy Ariary to Ren is - 0.00312194 REN

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

For tomorrow 1 Malagasy Ariary to Ren exchange rate - 0 ren

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

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

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

Our analysts have made a detailed prediction price 1 Malagasy Ariary 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