Currency exchange rate Nakfa against the Tael. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Nakfa currency exchange rate against the Tael currency:
currency exchange rate history, background information, prediction and more about ERN/WABI
Chart of History of changes in the ERN/WABI exchange rate
ERN/WABI exchange rate on today
05 11, 2023
1 ERN = 1,458 WABI
▲ 2526.71 %
This page provides information about the currency pair Nakfa/Tael, and more precisely about how much 1 Nakfa costs in Tael.
Data on the currency pair ERN/WABI 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 ERN/WABI 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 Nakfa/Tael, 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 ERN/WABI exchange rate over the past 30 days
For the last 30 days (04 12, 2023 — 05 11, 2023) the Nakfa exchange rate against the Tael currency changed by -27.11% (2,001 WABI — 1,458 WABI)
Change in the ERN/WABI exchange rate over the past 90 days
For the last 90 days (02 11, 2023 — 05 11, 2023) the Nakfa exchange rate against the Tael currency changed by 8698.44% (16.5736 WABI — 1,458 WABI)
Change in the ERN/WABI exchange rate over the past 365 days
For the last 365 days (05 12, 2022 — 05 11, 2023) the Nakfa exchange rate against the Tael currency changed by 3072.56% (45.9634 WABI — 1,458 WABI)
Change in the ERN/WABI exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 11, 2023) the Nakfa exchange rate against the Tael currency changed by 162082.26% (0.8991214 WABI — 1,458 WABI)
Nakfa/Tael price prediction
Nakfa/Tael price prediction for the next 30 days*
28/05 | 2,248 WABI | ▲ 54.15 % |
29/05 | 1,868 WABI | ▼ -16.88 % |
30/05 | 1,296 WABI | ▼ -30.63 % |
31/05 | 1,795 WABI | ▲ 38.53 % |
01/06 | 3,089 WABI | ▲ 72.05 % |
02/06 | 3,396 WABI | ▲ 9.94 % |
03/06 | 1,370 WABI | ▼ -59.67 % |
04/06 | 2,185 WABI | ▲ 59.51 % |
05/06 | 1,543 WABI | ▼ -29.36 % |
06/06 | 1,154 WABI | ▼ -25.2 % |
07/06 | 1,177 WABI | ▲ 1.99 % |
08/06 | 834.86 WABI | ▼ -29.08 % |
09/06 | 1,356 WABI | ▲ 62.48 % |
10/06 | 2,172 WABI | ▲ 60.13 % |
11/06 | 1,799 WABI | ▼ -17.17 % |
12/06 | 685.39 WABI | ▼ -61.91 % |
13/06 | 648.88 WABI | ▼ -5.33 % |
14/06 | 2,357 WABI | ▲ 263.3 % |
15/06 | 2,565 WABI | ▲ 8.8 % |
16/06 | 2,047 WABI | ▼ -20.18 % |
17/06 | 2,011 WABI | ▼ -1.79 % |
18/06 | 2,342 WABI | ▲ 16.48 % |
19/06 | 2,786 WABI | ▲ 18.96 % |
20/06 | 2,681 WABI | ▼ -3.77 % |
21/06 | 2,808 WABI | ▲ 4.74 % |
22/06 | 2,721 WABI | ▼ -3.08 % |
23/06 | 2,593 WABI | ▼ -4.7 % |
24/06 | 2,557 WABI | ▼ -1.4 % |
25/06 | 1,582 WABI | ▼ -38.14 % |
26/06 | 2,959 WABI | ▲ 87.04 % |
* — Price prediction of the Nakfa/Tael 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.
Nakfa/Tael price prediction for the next 3 months*
03/06 — 09/06 | 1,454 WABI | ▼ -0.28 % |
10/06 — 16/06 | 1,366 WABI | ▼ -6.06 % |
17/06 — 23/06 | 1,405 WABI | ▲ 2.86 % |
24/06 — 30/06 | 6,125 WABI | ▲ 335.95 % |
01/07 — 07/07 | 16,954 WABI | ▲ 176.8 % |
08/07 — 14/07 | 23,086 WABI | ▲ 36.16 % |
15/07 — 21/07 | 91,927 WABI | ▲ 298.19 % |
22/07 — 28/07 | 225,946 WABI | ▲ 145.79 % |
29/07 — 04/08 | 84,116 WABI | ▼ -62.77 % |
05/08 — 11/08 | 144,769 WABI | ▲ 72.11 % |
12/08 — 18/08 | 178,493 WABI | ▲ 23.3 % |
19/08 — 25/08 | 230,343 WABI | ▲ 29.05 % |
Nakfa/Tael price prediction for the next year*
06/2024 | 1,319 WABI | ▼ -9.52 % |
07/2024 | 1,638 WABI | ▲ 24.17 % |
08/2024 | 818.44 WABI | ▼ -50.04 % |
09/2024 | 811.55 WABI | ▼ -0.84 % |
10/2024 | 670.5 WABI | ▼ -17.38 % |
11/2024 | 528.82 WABI | ▼ -21.13 % |
12/2024 | 531.88 WABI | ▲ 0.58 % |
01/2025 | 600.5 WABI | ▲ 12.9 % |
02/2025 | 460.9 WABI | ▼ -23.25 % |
03/2025 | 9,078 WABI | ▲ 1869.56 % |
04/2025 | 27,751 WABI | ▲ 205.7 % |
05/2025 | 40,860 WABI | ▲ 47.24 % |
Nakfa/Tael exchange rate statistics
For 30 days | |
---|---|
Minimum | 22.4808 WABI |
Maximum | 2,006 WABI |
Weighted Average | 930.12 WABI |
For 90 days | |
Minimum | 0.40907121 WABI |
Maximum | 2,006 WABI |
Weighted Average | 373.77 WABI |
For 365 days | |
Minimum | 0.352359 WABI |
Maximum | 2,006 WABI |
Weighted Average | 107.94 WABI |
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