Currency exchange rate Melon against the Tanzanian Shilling. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Melon currency exchange rate against the Tanzanian Shilling currency:
currency exchange rate history, background information, prediction and more about MLN/TZS
Chart of History of changes in the MLN/TZS exchange rate
MLN/TZS exchange rate on today
05 25, 2024
1 MLN = 54,415 TZS
▲ 1.87 %
This page provides information about the currency pair Melon/Tanzanian Shilling, and more precisely about how much 1 Melon costs in Tanzanian Shilling.
Data on the currency pair MLN/TZS 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 MLN/TZS 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 Melon/Tanzanian Shilling, 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 MLN/TZS exchange rate over the past 30 days
For the last 30 days (04 26, 2024 — 05 25, 2024) the Melon exchange rate against the Tanzanian Shilling currency changed by -5.37% (57,504 TZS — 54,415 TZS)
Change in the MLN/TZS exchange rate over the past 90 days
For the last 90 days (02 26, 2024 — 05 25, 2024) the Melon exchange rate against the Tanzanian Shilling currency changed by 12.78% (48,249 TZS — 54,415 TZS)
Change in the MLN/TZS exchange rate over the past 365 days
For the last 365 days (05 27, 2023 — 05 25, 2024) the Melon exchange rate against the Tanzanian Shilling currency changed by 25.05% (43,516 TZS — 54,415 TZS)
Change in the MLN/TZS exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 25, 2024) the Melon exchange rate against the Tanzanian Shilling currency changed by 729.14% (6,563 TZS — 54,415 TZS)
Melon/Tanzanian Shilling price prediction
Melon/Tanzanian Shilling price prediction for the next 30 days*
26/05 | 53,874 TZS | ▼ -0.99 % |
27/05 | 52,729 TZS | ▼ -2.12 % |
28/05 | 53,175 TZS | ▲ 0.85 % |
29/05 | 52,710 TZS | ▼ -0.87 % |
30/05 | 50,301 TZS | ▼ -4.57 % |
31/05 | 49,614 TZS | ▼ -1.36 % |
01/06 | 50,592 TZS | ▲ 1.97 % |
02/06 | 52,444 TZS | ▲ 3.66 % |
03/06 | 53,621 TZS | ▲ 2.24 % |
04/06 | 54,015 TZS | ▲ 0.73 % |
05/06 | 55,502 TZS | ▲ 2.75 % |
06/06 | 55,283 TZS | ▼ -0.4 % |
07/06 | 52,840 TZS | ▼ -4.42 % |
08/06 | 52,451 TZS | ▼ -0.74 % |
09/06 | 52,777 TZS | ▲ 0.62 % |
10/06 | 51,787 TZS | ▼ -1.87 % |
11/06 | 49,859 TZS | ▼ -3.72 % |
12/06 | 48,743 TZS | ▼ -2.24 % |
13/06 | 47,867 TZS | ▼ -1.8 % |
14/06 | 48,260 TZS | ▲ 0.82 % |
15/06 | 51,343 TZS | ▲ 6.39 % |
16/06 | 53,276 TZS | ▲ 3.76 % |
17/06 | 52,232 TZS | ▼ -1.96 % |
18/06 | 49,033 TZS | ▼ -6.12 % |
19/06 | 49,687 TZS | ▲ 1.33 % |
20/06 | 50,738 TZS | ▲ 2.12 % |
21/06 | 51,614 TZS | ▲ 1.73 % |
22/06 | 50,127 TZS | ▼ -2.88 % |
23/06 | 49,575 TZS | ▼ -1.1 % |
24/06 | 49,277 TZS | ▼ -0.6 % |
* — Price prediction of the Melon/Tanzanian Shilling 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.
Melon/Tanzanian Shilling price prediction for the next 3 months*
27/05 — 02/06 | 54,354 TZS | ▼ -0.11 % |
03/06 — 09/06 | 49,710 TZS | ▼ -8.54 % |
10/06 — 16/06 | 60,369 TZS | ▲ 21.44 % |
17/06 — 23/06 | 61,570 TZS | ▲ 1.99 % |
24/06 — 30/06 | 60,093 TZS | ▼ -2.4 % |
01/07 — 07/07 | 50,498 TZS | ▼ -15.97 % |
08/07 — 14/07 | 56,248 TZS | ▲ 11.39 % |
15/07 — 21/07 | 49,138 TZS | ▼ -12.64 % |
22/07 — 28/07 | 53,375 TZS | ▲ 8.62 % |
29/07 — 04/08 | 47,826 TZS | ▼ -10.4 % |
05/08 — 11/08 | 48,306 TZS | ▲ 1 % |
12/08 — 18/08 | 47,425 TZS | ▼ -1.82 % |
Melon/Tanzanian Shilling price prediction for the next year*
06/2024 | 54,559 TZS | ▲ 0.26 % |
07/2024 | 62,301 TZS | ▲ 14.19 % |
08/2024 | 47,067 TZS | ▼ -24.45 % |
09/2024 | 48,662 TZS | ▲ 3.39 % |
10/2024 | 50,448 TZS | ▲ 3.67 % |
11/2024 | 46,635 TZS | ▼ -7.56 % |
12/2024 | 61,417 TZS | ▲ 31.7 % |
01/2025 | 48,385 TZS | ▼ -21.22 % |
02/2025 | 63,250 TZS | ▲ 30.72 % |
03/2025 | 80,694 TZS | ▲ 27.58 % |
04/2025 | 56,660 TZS | ▼ -29.78 % |
05/2025 | 56,935 TZS | ▲ 0.49 % |
Melon/Tanzanian Shilling exchange rate statistics
For 30 days | |
---|---|
Minimum | 50,201 TZS |
Maximum | 62,453 TZS |
Weighted Average | 55,246 TZS |
For 90 days | |
Minimum | 47,609 TZS |
Maximum | 83,147 TZS |
Weighted Average | 58,903 TZS |
For 365 days | |
Minimum | 32,640 TZS |
Maximum | 83,147 TZS |
Weighted Average | 46,108 TZS |
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