Currency exchange rate Namibia Dollar 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 Namibia Dollar currency exchange rate against the Dropil currency:
currency exchange rate history, background information, prediction and more about NAD/DROP
Chart of History of changes in the NAD/DROP exchange rate
NAD/DROP exchange rate on today
10 23, 2020
1 NAD = 2,698 DROP
▲ 0.84 %
This page provides information about the currency pair Namibia Dollar/Dropil, and more precisely about how much 1 Namibia Dollar costs in Dropil.
Data on the currency pair NAD/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 NAD/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 Namibia Dollar/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 NAD/DROP exchange rate over the past 30 days
For the last 30 days (09 24, 2020 — 10 23, 2020) the Namibia Dollar exchange rate against the Dropil currency changed by 6.61% (2,531 DROP — 2,698 DROP)
Change in the NAD/DROP exchange rate over the past 90 days
For the last 90 days (07 26, 2020 — 10 23, 2020) the Namibia Dollar exchange rate against the Dropil currency changed by -69.2% (8,758 DROP — 2,698 DROP)
Change in the NAD/DROP exchange rate over the past 365 days
For the last 365 days (04 10, 2020 — 10 23, 2020) the Namibia Dollar exchange rate against the Dropil currency changed by 193.95% (917.83 DROP — 2,698 DROP)
Change in the NAD/DROP exchange rate for all time
For all the time our site has been running (04 10, 2020 — 10 23, 2020) the Namibia Dollar exchange rate against the Dropil currency changed by 193.95% (917.83 DROP — 2,698 DROP)
Namibia Dollar/Dropil price prediction
Namibia Dollar/Dropil price prediction for the next 30 days*
05/05 | 2,669 DROP | ▼ -1.07 % |
06/05 | 2,637 DROP | ▼ -1.21 % |
07/05 | 2,631 DROP | ▼ -0.23 % |
08/05 | 2,631 DROP | ▲ 0 % |
09/05 | 2,630 DROP | ▼ -0.05 % |
10/05 | 2,627 DROP | ▼ -0.09 % |
11/05 | 2,645 DROP | ▲ 0.68 % |
12/05 | 2,701 DROP | ▲ 2.11 % |
13/05 | 2,974 DROP | ▲ 10.1 % |
14/05 | 3,296 DROP | ▲ 10.83 % |
15/05 | 3,281 DROP | ▼ -0.44 % |
16/05 | 3,267 DROP | ▼ -0.44 % |
17/05 | 3,247 DROP | ▼ -0.6 % |
18/05 | 3,237 DROP | ▼ -0.31 % |
19/05 | 3,199 DROP | ▼ -1.19 % |
20/05 | 3,245 DROP | ▲ 1.45 % |
21/05 | 3,121 DROP | ▼ -3.81 % |
22/05 | 3,106 DROP | ▼ -0.5 % |
23/05 | 3,022 DROP | ▼ -2.69 % |
24/05 | 3,017 DROP | ▼ -0.19 % |
25/05 | 3,043 DROP | ▲ 0.88 % |
26/05 | 3,049 DROP | ▲ 0.19 % |
27/05 | 3,108 DROP | ▲ 1.94 % |
28/05 | 3,168 DROP | ▲ 1.92 % |
29/05 | 3,111 DROP | ▼ -1.78 % |
30/05 | 3,069 DROP | ▼ -1.37 % |
31/05 | 3,099 DROP | ▲ 0.99 % |
01/06 | 3,015 DROP | ▼ -2.72 % |
02/06 | 2,821 DROP | ▼ -6.43 % |
03/06 | 2,797 DROP | ▼ -0.82 % |
* — Price prediction of the Namibia Dollar/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.
Namibia Dollar/Dropil price prediction for the next 3 months*
06/05 — 12/05 | 2,678 DROP | ▼ -0.73 % |
13/05 — 19/05 | 2,613 DROP | ▼ -2.43 % |
20/05 — 26/05 | 1,266 DROP | ▼ -51.55 % |
27/05 — 02/06 | 1,273 DROP | ▲ 0.53 % |
03/06 — 09/06 | 1,338 DROP | ▲ 5.1 % |
10/06 — 16/06 | 1,330 DROP | ▼ -0.6 % |
17/06 — 23/06 | 1,341 DROP | ▲ 0.89 % |
24/06 — 30/06 | 1,276 DROP | ▼ -4.91 % |
01/07 — 07/07 | 1,610 DROP | ▲ 26.18 % |
08/07 — 14/07 | 1,487 DROP | ▼ -7.6 % |
15/07 — 21/07 | 1,499 DROP | ▲ 0.76 % |
22/07 — 28/07 | 1,372 DROP | ▼ -8.48 % |
Namibia Dollar/Dropil price prediction for the next year*
06/2024 | 55,543 DROP | ▲ 1958.69 % |
07/2024 | 49,732 DROP | ▼ -10.46 % |
08/2024 | 56,895 DROP | ▲ 14.4 % |
09/2024 | 28,688 DROP | ▼ -49.58 % |
10/2024 | 11,803 DROP | ▼ -58.86 % |
10/2024 | 11,637 DROP | ▼ -1.4 % |
11/2024 | 12,585 DROP | ▲ 8.15 % |
Namibia Dollar/Dropil exchange rate statistics
For 30 days | |
---|---|
Minimum | 2,483 DROP |
Maximum | 3,179 DROP |
Weighted Average | 2,834 DROP |
For 90 days | |
Minimum | 2,435 DROP |
Maximum | 8,807 DROP |
Weighted Average | 4,150 DROP |
For 365 days | |
Minimum | 890.86 DROP |
Maximum | 17,879 DROP |
Weighted Average | 6,911 DROP |
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