Currency exchange rate Naira against the SAFE. Chart, history price and prediction on tomorrow, next month, 2023 year

On this page, you can always find detailed information about the Naira currency exchange rate against the SAFE currency:
currency exchange rate history, background information, prediction and more about NGN/SAFE

Chart of History of changes in the NGN/SAFE exchange rate

NGN/SAFE exchange rate on today

03 28, 2024
1 NGN = 0.00712341 SAFE
▲ 9.71 %

This page provides information about the currency pair Naira/SAFE, and more precisely about how much 1 Naira costs in SAFE.

Data on the currency pair NGN/SAFE 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/SAFE 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/SAFE, 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:

  1. 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.

  2. 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.

  3. 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.

  4. 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/SAFE exchange rate over the past 30 days

For the last 30 days (02 28, 2024 — 03 28, 2024) the Naira exchange rate against the SAFE currency changed by -8.68% (0.00780049 SAFE — 0.00712341 SAFE)

Change in the NGN/SAFE exchange rate over the past 90 days

For the last 90 days (12 30, 2023 — 03 28, 2024) the Naira exchange rate against the SAFE currency changed by -46.98% (0.01343413 SAFE — 0.00712341 SAFE)

Change in the NGN/SAFE exchange rate over the past 365 days

For the last 365 days (03 30, 2023 — 03 28, 2024) the Naira exchange rate against the SAFE currency changed by -61.88% (0.01868821 SAFE — 0.00712341 SAFE)

Change in the NGN/SAFE exchange rate for all time

For all the time our site has been running (04 10, 2020 — 03 28, 2024) the Naira exchange rate against the SAFE currency changed by 0.3% (0.00710195 SAFE — 0.00712341 SAFE)

Naira/SAFE price prediction

Naira/SAFE price prediction for the next 30 days*

30/03 0.00675666 SAFE ▼ -5.15 %
31/03 0.00530088 SAFE ▼ -21.55 %
01/04 0.00514692 SAFE ▼ -2.9 %
02/04 0.00624288 SAFE ▲ 21.29 %
03/04 0.00612044 SAFE ▼ -1.96 %
04/04 0.00586936 SAFE ▼ -4.1 %
05/04 0.00572342 SAFE ▼ -2.49 %
06/04 0.00626343 SAFE ▲ 9.44 %
07/04 0.00556137 SAFE ▼ -11.21 %
08/04 0.00531658 SAFE ▼ -4.4 %
09/04 0.00457449 SAFE ▼ -13.96 %
10/04 0.00476728 SAFE ▲ 4.21 %
11/04 0.00488386 SAFE ▲ 2.45 %
12/04 0.00500902 SAFE ▲ 2.56 %
13/04 0.00634925 SAFE ▲ 26.76 %
14/04 0.00458688 SAFE ▼ -27.76 %
15/04 0.00459504 SAFE ▲ 0.18 %
16/04 0.00510529 SAFE ▲ 11.1 %
17/04 0.00458142 SAFE ▼ -10.26 %
18/04 0.00458488 SAFE ▲ 0.08 %
19/04 0.00533463 SAFE ▲ 16.35 %
20/04 0.00500238 SAFE ▼ -6.23 %
21/04 0.00586898 SAFE ▲ 17.32 %
22/04 0.00531543 SAFE ▼ -9.43 %
23/04 0.0049217 SAFE ▼ -7.41 %
24/04 0.00481431 SAFE ▼ -2.18 %
25/04 0.00493565 SAFE ▲ 2.52 %
26/04 0.00525181 SAFE ▲ 6.41 %
27/04 0.00519311 SAFE ▼ -1.12 %
28/04 0.0044834 SAFE ▼ -13.67 %

* — Price prediction of the Naira/SAFE 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/SAFE price prediction for the next 3 months*

01/04 — 07/04 0.01375256 SAFE ▲ 93.06 %
08/04 — 14/04 0.01363235 SAFE ▼ -0.87 %
15/04 — 21/04 0.01203679 SAFE ▼ -11.7 %
22/04 — 28/04 0.00383522 SAFE ▼ -68.14 %
29/04 — 05/05 0.00498875 SAFE ▲ 30.08 %
06/05 — 12/05 0.00611451 SAFE ▲ 22.57 %
13/05 — 19/05 0.00615744 SAFE ▲ 0.7 %
20/05 — 26/05 0.00507103 SAFE ▼ -17.64 %
27/05 — 02/06 0.00448144 SAFE ▼ -11.63 %
03/06 — 09/06 0.0048811 SAFE ▲ 8.92 %
10/06 — 16/06 0.00516778 SAFE ▲ 5.87 %
17/06 — 23/06 0.00463085 SAFE ▼ -10.39 %

Naira/SAFE price prediction for the next year*

04/2024 0.00928274 SAFE ▲ 30.31 %
05/2024 0.0245954 SAFE ▲ 164.96 %
06/2024 0.0176913 SAFE ▼ -28.07 %
07/2024 0.02290953 SAFE ▲ 29.5 %
08/2024 0.02203967 SAFE ▼ -3.8 %
09/2024 0.02097259 SAFE ▼ -4.84 %
10/2024 0.01384375 SAFE ▼ -33.99 %
11/2024 0.00914833 SAFE ▼ -33.92 %
12/2024 0.00655942 SAFE ▼ -28.3 %
01/2025 0.00382384 SAFE ▼ -41.7 %
02/2025 0.00356714 SAFE ▼ -6.71 %
03/2025 0.00391636 SAFE ▲ 9.79 %

Naira/SAFE exchange rate statistics

For 30 days
Minimum 0.00604561 SAFE
Maximum 0.00720635 SAFE
Weighted Average 0.00673276 SAFE
For 90 days
Minimum 0.00097724 SAFE
Maximum 0.014792 SAFE
Weighted Average 0.00855524 SAFE
For 365 days
Minimum 0.00097724 SAFE
Maximum 5.486152 SAFE
Weighted Average 0.03445774 SAFE

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Our expert

All forecasts on our website are made by our professional financial experts. Here are just a few of them:

Anthony Carter Anthony Carter CEO, lead analyst
David Bailey David Bailey Managing Director, Director of research Department
Anthony Glenn Anthony Glenn Deputy head of analytical Department
Joseph Hensley Joseph Hensley Senior analyst, markets and equities Department