5 Mozambique Metical to Ren. Chart, history price and prediction on tomorrow, next month, 2024 year

Price 5 Mozambique Metical to Ren based on current data,
received from currency exchange exchanges as of 05 29, 2024, is 1.062724 REN.

How much is 5 MZN in REN?

05 29, 2024
5 MZN = 1.062724 REN
▲ 0 %
5 REN = 23.52 MZN
1 MZN = 0.21254488 REN

Chart of History of price changes 5 MZN in REN

Price statistics 5 Mozambique Metical in Ren

For 30 days
Minimum 1.070516 REN
Maximum 1.430544 REN
Weighted Average 1.274991 REN
For 90 days
Minimum 0.72668175 REN
Maximum 1.430544 REN
Weighted Average 1.064304 REN
For 365 days
Minimum 0.72668175 REN
Maximum 1.898723 REN
Weighted Average 1.319293 REN

Change in the price of 5 MZN to REN in the last 30 days

For the last 30 days (04 30, 2024 — 05 29, 2024) price 5 Mozambique Metical against Ren changed by -18.32% (1.301089 REN — 1.062724 REN)

Change in the price of 5 MZN to REN in the last 90 days

For the last 90 days (03 01, 2024 — 05 29, 2024) the price of 5 Mozambique Metical against Ren changed by 11.73% (0.95112865 REN — 1.062724 REN)

Change in the price of 5 MZN to REN in the last 365 days

For the last 365 days (05 31, 2023 — 05 29, 2024) the price of 5 Mozambique Metical against Ren changed by 1.02% (1.051999 REN — 1.062724 REN)

Change in the price of 5 MZN to REN for the entire time

For all the time our site has been running (04 10, 2020 — 05 29, 2024) the price of 5 Mozambique Metical against Ren changed by -22% (1.362436 REN — 1.062724 REN)

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Price prediction 5 Mozambique Metical 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 5 Mozambique Metical in Ren for the next 30 days*

30/05 1.112139 REN ▲ 4.65 %
31/05 1.129955 REN ▲ 1.6 %
01/06 1.096827 REN ▼ -2.93 %
02/06 1.078805 REN ▼ -1.64 %
03/06 1.065716 REN ▼ -1.21 %
04/06 1.065272 REN ▼ -0.04 %
05/06 1.053911 REN ▼ -1.07 %
06/06 1.075196 REN ▲ 2.02 %
07/06 1.10981 REN ▲ 3.22 %
08/06 1.097445 REN ▼ -1.11 %
09/06 1.095487 REN ▼ -0.18 %
10/06 1.133704 REN ▲ 3.49 %
11/06 1.161587 REN ▲ 2.46 %
12/06 1.179128 REN ▲ 1.51 %
13/06 1.176889 REN ▼ -0.19 %
14/06 1.136182 REN ▼ -3.46 %
15/06 1.089782 REN ▼ -4.08 %
16/06 1.073923 REN ▼ -1.46 %
17/06 1.055039 REN ▼ -1.76 %
18/06 1.064864 REN ▲ 0.93 %
19/06 1.009184 REN ▼ -5.23 %
20/06 0.91499962 REN ▼ -9.33 %
21/06 0.90888933 REN ▼ -0.67 %
22/06 0.95428311 REN ▲ 4.99 %
23/06 0.91961241 REN ▼ -3.63 %
24/06 0.81372796 REN ▼ -11.51 %
25/06 0.85827044 REN ▲ 5.47 %
26/06 0.8600757 REN ▲ 0.21 %
27/06 0.84842062 REN ▼ -1.36 %
28/06 0.8411454 REN ▼ -0.86 %

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

Prediction of 5 Mozambique Metical in Ren for the next 3 months*

03/06 — 09/06 1.066631 REN ▲ 0.37 %
10/06 — 16/06 0.97677915 REN ▼ -8.42 %
17/06 — 23/06 0.9331678 REN ▼ -4.46 %
24/06 — 30/06 0.96330445 REN ▲ 3.23 %
01/07 — 07/07 1.58864 REN ▲ 64.92 %
08/07 — 14/07 1.469187 REN ▼ -7.52 %
15/07 — 21/07 1.573046 REN ▲ 7.07 %
22/07 — 28/07 1.529439 REN ▼ -2.77 %
29/07 — 04/08 1.832204 REN ▲ 19.8 %
05/08 — 11/08 1.589075 REN ▼ -13.27 %
12/08 — 18/08 1.294134 REN ▼ -18.56 %
19/08 — 25/08 1.265273 REN ▼ -2.23 %

Prediction of 5 Mozambique Metical in Ren for the next year*

06/2024 1.038637 REN ▼ -2.27 %
07/2024 1.107006 REN ▲ 6.58 %
08/2024 1.486794 REN ▲ 34.31 %
09/2024 1.423669 REN ▼ -4.25 %
10/2024 1.421334 REN ▼ -0.16 %
11/2024 1.229056 REN ▼ -13.53 %
12/2024 0.97244595 REN ▼ -20.88 %
01/2025 1.25994 REN ▲ 29.56 %
02/2025 0.92506941 REN ▼ -26.58 %
03/2025 0.80594538 REN ▼ -12.88 %
04/2025 1.32492 REN ▲ 64.39 %
05/2025 1.041669 REN ▼ -21.38 %

FAQ

What is the price 5 MZN in REN today, 05 29, 2024?

As of today, the price of 5 Mozambique Metical to Ren is - 1.062724 REN

What will be the price 5 MZN in REN tomorrow 2024.05.30?

For tomorrow 5 Mozambique Metical to Ren exchange rate - 1 ren

What will be the price 5 MZN in REN in the next month?

Our analysts have made a detailed prediction price 5 Mozambique Metical 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 5 MZN in REN in the next 3 months?

Our analysts have made a detailed prediction price 5 Mozambique Metical 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 5 MZN in REN in the coming year?

Our analysts have made a detailed prediction price 5 Mozambique Metical 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