Currency exchange rate Congolese Franc against the Ren. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Congolese Franc currency exchange rate against the Ren currency:
currency exchange rate history, background information, prediction and more about CDF/REN
Chart of History of changes in the CDF/REN exchange rate
CDF/REN exchange rate on today
05 05, 2024
1 CDF = 0.00574462 REN
▼ -1.47 %
This page provides information about the currency pair Congolese Franc/Ren, and more precisely about how much 1 Congolese Franc costs in Ren.
Data on the currency pair CDF/REN are presented by the world's leading exchanges and Central banks of the countries that issue these currencies. We constantly update this data so that you get only the most up-to-date information about the currency pair CDF/REN and make a balanced decision about buying and selling the currency you are interested in.
The page also provides information about the dynamics of the exchange rate of Congolese Franc/Ren, statistics and prediction of the exchange rate of these currencies in the near future from our experts.
How to make a forecast for currencies and cryptocurrencies?
There are several approaches to forecasting the exchange rate of currencies and cryptocurrencies:
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Fundamental analysis: This approach involves analyzing economic and financial data to determine the intrinsic value of a currency or cryptocurrency. This can include factors such as interest rates, inflation rates, economic growth, political stability, and fiscal policy. Based on this analysis, investors can make predictions about the future exchange rate.
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Technical analysis: This approach involves analyzing past market data, such as price and volume, to identify patterns and trends that can be used to predict future market movements. Technical analysis can be used to identify support and resistance levels, momentum indicators, and other factors that can influence the exchange rate.
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Sentiment analysis: This approach involves analyzing market sentiment and investor behavior to predict future market movements. Sentiment analysis can include monitoring social media, news articles, and other sources of market sentiment to gauge investor sentiment and predict market movements.
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Machine learning: This approach involves using statistical models and machine learning algorithms to analyze vast amounts of market data and make predictions about future market movements. Machine learning can be used to identify patterns and relationships in market data that might not be visible to the human eye.
In summary, there are several approaches to forecasting the exchange rate of currencies and cryptocurrencies, including fundamental analysis, technical analysis, sentiment analysis, and machine learning. Each approach has its strengths and weaknesses, and investors may use a combination of approaches to make more accurate predictions about future market movements.
Change in the CDF/REN exchange rate over the past 30 days
For the last 30 days (04 06, 2024 — 05 05, 2024) the Congolese Franc exchange rate against the Ren currency changed by 40.92% (0.00407642 REN — 0.00574462 REN)
Change in the CDF/REN exchange rate over the past 90 days
For the last 90 days (02 06, 2024 — 05 05, 2024) the Congolese Franc exchange rate against the Ren currency changed by -15.36% (0.00678725 REN — 0.00574462 REN)
Change in the CDF/REN exchange rate over the past 365 days
For the last 365 days (05 07, 2023 — 05 05, 2024) the Congolese Franc exchange rate against the Ren currency changed by -0.95% (0.0057995 REN — 0.00574462 REN)
Change in the CDF/REN exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 05, 2024) the Congolese Franc exchange rate against the Ren currency changed by -46.03% (0.01064384 REN — 0.00574462 REN)
Congolese Franc/Ren price prediction
Congolese Franc/Ren price prediction for the next 30 days*
07/05 | 0.00564331 REN | ▼ -1.76 % |
08/05 | 0.00512944 REN | ▼ -9.11 % |
09/05 | 0.00512652 REN | ▼ -0.06 % |
10/05 | 0.0051547 REN | ▲ 0.55 % |
11/05 | 0.0052643 REN | ▲ 2.13 % |
12/05 | 0.00543432 REN | ▲ 3.23 % |
13/05 | 0.00608813 REN | ▲ 12.03 % |
14/05 | 0.00740056 REN | ▲ 21.56 % |
15/05 | 0.00751449 REN | ▲ 1.54 % |
16/05 | 0.00734951 REN | ▼ -2.2 % |
17/05 | 0.00748078 REN | ▲ 1.79 % |
18/05 | 0.00756904 REN | ▲ 1.18 % |
19/05 | 0.00746826 REN | ▼ -1.33 % |
20/05 | 0.00731922 REN | ▼ -2 % |
21/05 | 0.00701647 REN | ▼ -4.14 % |
22/05 | 0.00692944 REN | ▼ -1.24 % |
23/05 | 0.00682443 REN | ▼ -1.52 % |
24/05 | 0.00667445 REN | ▼ -2.2 % |
25/05 | 0.00656342 REN | ▼ -1.66 % |
26/05 | 0.00681663 REN | ▲ 3.86 % |
27/05 | 0.0069444 REN | ▲ 1.87 % |
28/05 | 0.00713592 REN | ▲ 2.76 % |
29/05 | 0.00712899 REN | ▼ -0.1 % |
30/05 | 0.00749987 REN | ▲ 5.2 % |
31/05 | 0.00781432 REN | ▲ 4.19 % |
01/06 | 0.00802517 REN | ▲ 2.7 % |
02/06 | 0.0076851 REN | ▼ -4.24 % |
03/06 | 0.00757908 REN | ▼ -1.38 % |
04/06 | 0.00748409 REN | ▼ -1.25 % |
05/06 | 0.00750889 REN | ▲ 0.33 % |
* — Price prediction of the Congolese Franc/Ren currency pair are compiled by our specialists based on statistical data, global trends and major business news. Price prediction for 30 days, 3 months, and a year are made by different experts and may have slight differences.
Congolese Franc/Ren price prediction for the next 3 months*
13/05 — 19/05 | 0.0056587 REN | ▼ -1.5 % |
20/05 — 26/05 | 0.00464103 REN | ▼ -17.98 % |
27/05 — 02/06 | 0.00412257 REN | ▼ -11.17 % |
03/06 — 09/06 | 0.00398949 REN | ▼ -3.23 % |
10/06 — 16/06 | 0.00428045 REN | ▲ 7.29 % |
17/06 — 23/06 | 0.00400099 REN | ▼ -6.53 % |
24/06 — 30/06 | 0.00379332 REN | ▼ -5.19 % |
01/07 — 07/07 | 0.00402613 REN | ▲ 6.14 % |
08/07 — 14/07 | 0.00622668 REN | ▲ 54.66 % |
15/07 — 21/07 | 0.0058286 REN | ▼ -6.39 % |
22/07 — 28/07 | 0.00635239 REN | ▲ 8.99 % |
29/07 — 04/08 | 0.00629318 REN | ▼ -0.93 % |
Congolese Franc/Ren price prediction for the next year*
06/2024 | 0.00557355 REN | ▼ -2.98 % |
07/2024 | 0.00585638 REN | ▲ 5.07 % |
08/2024 | 0.00750403 REN | ▲ 28.13 % |
09/2024 | 0.00702086 REN | ▼ -6.44 % |
10/2024 | 0.00669887 REN | ▼ -4.59 % |
11/2024 | 0.00490701 REN | ▼ -26.75 % |
12/2024 | 0.00383356 REN | ▼ -21.88 % |
01/2025 | 0.00517494 REN | ▲ 34.99 % |
01/2025 | 0.00282119 REN | ▼ -45.48 % |
03/2025 | 0.00235497 REN | ▼ -16.53 % |
04/2025 | 0.00387033 REN | ▲ 64.35 % |
05/2025 | 0.00368472 REN | ▼ -4.8 % |
Congolese Franc/Ren exchange rate statistics
For 30 days | |
---|---|
Minimum | 0.0036622 REN |
Maximum | 0.00615417 REN |
Weighted Average | 0.00532118 REN |
For 90 days | |
Minimum | 0.00333191 REN |
Maximum | 0.00671127 REN |
Weighted Average | 0.0047767 REN |
For 365 days | |
Minimum | 0.00333191 REN |
Maximum | 0.00945623 REN |
Weighted Average | 0.00643057 REN |
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