Currency exchange rate Malagasy Ariary against the Dropil. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Malagasy Ariary currency exchange rate against the Dropil currency:
currency exchange rate history, background information, prediction and more about MGA/DROP
Chart of History of changes in the MGA/DROP exchange rate
MGA/DROP exchange rate on today
10 23, 2020
1 MGA = 11.1706 DROP
▲ 0.89 %
This page provides information about the currency pair Malagasy Ariary/Dropil, and more precisely about how much 1 Malagasy Ariary costs in Dropil.
Data on the currency pair MGA/DROP 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 MGA/DROP 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 Malagasy Ariary/Dropil, 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 MGA/DROP exchange rate over the past 30 days
For the last 30 days (09 24, 2020 — 10 23, 2020) the Malagasy Ariary exchange rate against the Dropil currency changed by 1.03% (11.0571 DROP — 11.1706 DROP)
Change in the MGA/DROP exchange rate over the past 90 days
For the last 90 days (07 26, 2020 — 10 23, 2020) the Malagasy Ariary exchange rate against the Dropil currency changed by -70.4% (37.7402 DROP — 11.1706 DROP)
Change in the MGA/DROP exchange rate over the past 365 days
For the last 365 days (04 10, 2020 — 10 23, 2020) the Malagasy Ariary exchange rate against the Dropil currency changed by 153.29% (4.410237 DROP — 11.1706 DROP)
Change in the MGA/DROP exchange rate for all time
For all the time our site has been running (04 10, 2020 — 10 23, 2020) the Malagasy Ariary exchange rate against the Dropil currency changed by 153.29% (4.410237 DROP — 11.1706 DROP)
Malagasy Ariary/Dropil price prediction
Malagasy Ariary/Dropil price prediction for the next 30 days*
27/05 | 11.186 DROP | ▲ 0.14 % |
28/05 | 13.2944 DROP | ▲ 18.85 % |
29/05 | 10.0068 DROP | ▼ -24.73 % |
30/05 | 10.0068 DROP | ▲ 0 % |
31/05 | 10.0075 DROP | ▲ 0.01 % |
01/06 | 10.0086 DROP | ▲ 0.01 % |
02/06 | 9.979201 DROP | ▼ -0.29 % |
03/06 | 9.964218 DROP | ▼ -0.15 % |
04/06 | 11.233 DROP | ▲ 12.73 % |
05/06 | 12.4242 DROP | ▲ 10.6 % |
06/06 | 12.3784 DROP | ▼ -0.37 % |
07/06 | 12.2927 DROP | ▼ -0.69 % |
08/06 | 12.617 DROP | ▲ 2.64 % |
09/06 | 12.9092 DROP | ▲ 2.32 % |
10/06 | 12.6264 DROP | ▼ -2.19 % |
11/06 | 12.0749 DROP | ▼ -4.37 % |
12/06 | 11.6072 DROP | ▼ -3.87 % |
13/06 | 11.5481 DROP | ▼ -0.51 % |
14/06 | 11.274 DROP | ▼ -2.37 % |
15/06 | 11.1842 DROP | ▼ -0.8 % |
16/06 | 11.2247 DROP | ▲ 0.36 % |
17/06 | 11.3258 DROP | ▲ 0.9 % |
18/06 | 11.4535 DROP | ▲ 1.13 % |
19/06 | 11.6086 DROP | ▲ 1.35 % |
20/06 | 11.4795 DROP | ▼ -1.11 % |
21/06 | 11.2636 DROP | ▼ -1.88 % |
22/06 | 11.3977 DROP | ▲ 1.19 % |
23/06 | 11.1144 DROP | ▼ -2.49 % |
24/06 | 10.3406 DROP | ▼ -6.96 % |
25/06 | 10.1896 DROP | ▼ -1.46 % |
* — Price prediction of the Malagasy Ariary/Dropil 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.
Malagasy Ariary/Dropil price prediction for the next 3 months*
27/05 — 02/06 | 11.1237 DROP | ▼ -0.42 % |
03/06 — 09/06 | 11.1055 DROP | ▼ -0.16 % |
10/06 — 16/06 | 2.028432 DROP | ▼ -81.73 % |
17/06 — 23/06 | 2.007887 DROP | ▼ -1.01 % |
24/06 — 30/06 | 2.018244 DROP | ▲ 0.52 % |
01/07 — 07/07 | 2.010258 DROP | ▼ -0.4 % |
08/07 — 14/07 | 2.003358 DROP | ▼ -0.34 % |
15/07 — 21/07 | 1.986083 DROP | ▼ -0.86 % |
22/07 — 28/07 | 2.344095 DROP | ▲ 18.03 % |
29/07 — 04/08 | 2.191881 DROP | ▼ -6.49 % |
05/08 — 11/08 | 2.187873 DROP | ▼ -0.18 % |
12/08 — 18/08 | 1.985302 DROP | ▼ -9.26 % |
Malagasy Ariary/Dropil price prediction for the next year*
06/2024 | 233.64 DROP | ▲ 1991.6 % |
07/2024 | 202.84 DROP | ▼ -13.19 % |
08/2024 | 218.78 DROP | ▲ 7.86 % |
09/2024 | 90.7577 DROP | ▼ -58.52 % |
10/2024 | 26.6794 DROP | ▼ -70.6 % |
11/2024 | 26.2879 DROP | ▼ -1.47 % |
12/2024 | 27.2388 DROP | ▲ 3.62 % |
Malagasy Ariary/Dropil exchange rate statistics
For 30 days | |
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Minimum | 10.9071 DROP |
Maximum | 21.5198 DROP |
Weighted Average | 12.2377 DROP |
For 90 days | |
Minimum | 10.8858 DROP |
Maximum | 38.0892 DROP |
Weighted Average | 18.3438 DROP |
For 365 days | |
Minimum | 4.450908 DROP |
Maximum | 134.94 DROP |
Weighted Average | 31.4228 DROP |
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