Currency exchange rate Naira against the ReddCoin. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Naira currency exchange rate against the ReddCoin currency:
currency exchange rate history, background information, prediction and more about NGN/RDD
Chart of History of changes in the NGN/RDD exchange rate
NGN/RDD exchange rate on today
07 20, 2023
1 NGN = 11.7137 RDD
▼ -11.21 %
This page provides information about the currency pair Naira/ReddCoin, and more precisely about how much 1 Naira costs in ReddCoin.
Data on the currency pair NGN/RDD 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 NGN/RDD 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 Naira/ReddCoin, 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 NGN/RDD exchange rate over the past 30 days
For the last 30 days (06 21, 2023 — 07 20, 2023) the Naira exchange rate against the ReddCoin currency changed by -13.19% (13.4936 RDD — 11.7137 RDD)
Change in the NGN/RDD exchange rate over the past 90 days
For the last 90 days (04 22, 2023 — 07 20, 2023) the Naira exchange rate against the ReddCoin currency changed by -17.06% (14.1232 RDD — 11.7137 RDD)
Change in the NGN/RDD exchange rate over the past 365 days
For the last 365 days (07 21, 2022 — 07 20, 2023) the Naira exchange rate against the ReddCoin currency changed by 65.62% (7.072651 RDD — 11.7137 RDD)
Change in the NGN/RDD exchange rate for all time
For all the time our site has been running (04 10, 2020 — 07 20, 2023) the Naira exchange rate against the ReddCoin currency changed by 166.62% (4.3934 RDD — 11.7137 RDD)
Naira/ReddCoin price prediction
Naira/ReddCoin price prediction for the next 30 days*
20/05 | 3.006723 RDD | ▼ -74.33 % |
21/05 | 2.884432 RDD | ▼ -4.07 % |
22/05 | 4.155181 RDD | ▲ 44.06 % |
23/05 | 0.44351119 RDD | ▼ -89.33 % |
24/05 | 1.049142 RDD | ▲ 136.55 % |
25/05 | 1.959488 RDD | ▲ 86.77 % |
26/05 | 2.368392 RDD | ▲ 20.87 % |
27/05 | 2.072703 RDD | ▼ -12.48 % |
28/05 | 1.689831 RDD | ▼ -18.47 % |
29/05 | 1.25034 RDD | ▼ -26.01 % |
30/05 | 2.187001 RDD | ▲ 74.91 % |
31/05 | 2.819282 RDD | ▲ 28.91 % |
01/06 | 2.391754 RDD | ▼ -15.16 % |
02/06 | 2.349152 RDD | ▼ -1.78 % |
03/06 | 2.726765 RDD | ▲ 16.07 % |
04/06 | 2.465499 RDD | ▼ -9.58 % |
05/06 | 1.781336 RDD | ▼ -27.75 % |
06/06 | 1.695045 RDD | ▼ -4.84 % |
07/06 | 1.493276 RDD | ▼ -11.9 % |
08/06 | 0.77048518 RDD | ▼ -48.4 % |
09/06 | 1.507416 RDD | ▲ 95.64 % |
10/06 | 4.163159 RDD | ▲ 176.18 % |
11/06 | 2.617984 RDD | ▼ -37.12 % |
12/06 | 2.078732 RDD | ▼ -20.6 % |
13/06 | 0.44566741 RDD | ▼ -78.56 % |
14/06 | 0.47434571 RDD | ▲ 6.43 % |
15/06 | 1.520761 RDD | ▲ 220.6 % |
16/06 | 1.51112 RDD | ▼ -0.63 % |
17/06 | 1.750943 RDD | ▲ 15.87 % |
18/06 | 1.422347 RDD | ▼ -18.77 % |
* — Price prediction of the Naira/ReddCoin 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.
Naira/ReddCoin price prediction for the next 3 months*
20/05 — 26/05 | 11.6055 RDD | ▼ -0.92 % |
27/05 — 02/06 | 14.9411 RDD | ▲ 28.74 % |
03/06 — 09/06 | 9.244749 RDD | ▼ -38.13 % |
10/06 — 16/06 | 8.644869 RDD | ▼ -6.49 % |
17/06 — 23/06 | 10.0164 RDD | ▲ 15.87 % |
24/06 — 30/06 | 3.682943 RDD | ▼ -63.23 % |
01/07 — 07/07 | 7.700228 RDD | ▲ 109.08 % |
08/07 — 14/07 | 12.9624 RDD | ▲ 68.34 % |
15/07 — 21/07 | 14.4628 RDD | ▲ 11.57 % |
22/07 — 28/07 | 7.398617 RDD | ▼ -48.84 % |
29/07 — 04/08 | 14.3965 RDD | ▲ 94.58 % |
05/08 — 11/08 | 13.1159 RDD | ▼ -8.9 % |
Naira/ReddCoin price prediction for the next year*
06/2024 | 12.3949 RDD | ▲ 5.82 % |
07/2024 | 13.0923 RDD | ▲ 5.63 % |
08/2024 | 6.742261 RDD | ▼ -48.5 % |
09/2024 | 7.697003 RDD | ▲ 14.16 % |
10/2024 | 9.442661 RDD | ▲ 22.68 % |
11/2024 | 8.774982 RDD | ▼ -7.07 % |
12/2024 | 10.2948 RDD | ▲ 17.32 % |
01/2025 | 2,138 RDD | ▲ 20667.36 % |
02/2025 | -399.03011094 RDD | ▼ -118.66 % |
03/2025 | -192.19572179 RDD | ▼ -51.83 % |
04/2025 | -317.44632188 RDD | ▲ 65.17 % |
05/2025 | -226.0167604 RDD | ▼ -28.8 % |
Naira/ReddCoin exchange rate statistics
For 30 days | |
---|---|
Minimum | 3.803813 RDD |
Maximum | 23.7585 RDD |
Weighted Average | 15.3641 RDD |
For 90 days | |
Minimum | 3.803813 RDD |
Maximum | 34.8411 RDD |
Weighted Average | 19.7857 RDD |
For 365 days | |
Minimum | 3.803813 RDD |
Maximum | 4,448 RDD |
Weighted Average | 26.0183 RDD |
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