1,000 Malagasy Ariary to Rakon. Chart, history price and prediction on tomorrow, next month, 2024 year

Price 1,000 Malagasy Ariary to Rakon based on current data,
received from currency exchange exchanges as of 06 10, 2024, is 2.39125 RKN.

How much is 1,000 MGA in RKN?

06 10, 2024
1,000 MGA = 2.39125 RKN
▼ -0.4 %
1,000 RKN = 418,191 MGA
1 MGA = 0.00239125 RKN

Chart of History of price changes 1,000 MGA in RKN

Price statistics 1,000 Malagasy Ariary in Rakon

For 30 days
Minimum 1.87283 RKN
Maximum 2.87725 RKN
Weighted Average 2.447133 RKN
For 90 days
Minimum 1.09708 RKN
Maximum 3.47265 RKN
Weighted Average 2.467191 RKN
For 365 days
Minimum 1.09708 RKN
Maximum 3.47265 RKN
Weighted Average 1.745247 RKN

Change in the price of 1,000 MGA to RKN in the last 30 days

For the last 30 days (05 12, 2024 — 06 10, 2024) price 1,000 Malagasy Ariary against Rakon changed by -7.57% (2.587 RKN — 2.39125 RKN)

Change in the price of 1,000 MGA to RKN in the last 90 days

For the last 90 days (03 13, 2024 — 06 10, 2024) the price of 1,000 Malagasy Ariary against Rakon changed by 30.77% (1.82865 RKN — 2.39125 RKN)

Change in the price of 1,000 MGA to RKN in the last 365 days

For the last 365 days (06 12, 2023 — 06 10, 2024) the price of 1,000 Malagasy Ariary against Rakon changed by 88.13% (1.27105 RKN — 2.39125 RKN)

Change in the price of 1,000 MGA to RKN for the entire time

For all the time our site has been running (04 10, 2020 — 06 10, 2024) the price of 1,000 Malagasy Ariary against Rakon changed by -36.82% (3.78463 RKN — 2.39125 RKN)

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Price prediction 1,000 Malagasy Ariary in Rakon

Ways to predict the exchange rate and cryptocurrencies. 

  1. Technical analysis: This method uses past price and volume data to try to identify patterns that can indicate future price movements. Traders and investors use technical indicators, such as moving averages, MACD, RSI, and candlestick charts, to analyze the market and predict future trends. For example, if the price of Bitcoin has been trading in a range for a while, and then breaks out above a key resistance level, traders may expect the price to continue rising.

  2. Fundamental analysis: This method looks at underlying economic and financial factors to try to determine the intrinsic value of an asset. Fundamental analysis includes analyzing financial statements, economic indicators, news events, and other factors that can affect the supply and demand of an asset. For example, if a country's central bank raises interest rates, the currency of that country may appreciate against other currencies.

  3. Sentiment analysis: This method uses social media and other sources to gauge market sentiment and investor psychology. Traders and investors use sentiment analysis to try to identify trends and potential turning points in the market. For example, if there is a lot of negative news and sentiment surrounding a particular cryptocurrency, traders may expect the price to decline.

  4. Machine learning and AI: This method uses algorithms and statistical models to analyze large amounts of data and make predictions about future price movements. Machine learning algorithms can learn from past data and adjust their predictions as new data becomes available. For example, a machine learning algorithm could analyze past price data, news articles, social media sentiment, and other factors to make predictions about the future price of a particular cryptocurrency.

Prediction of 1,000 Malagasy Ariary in Rakon for the next 30 days*

12/06 1.309724 RKN ▼ -45.23 %
13/06 1.367734 RKN ▲ 4.43 %
14/06 1.966289 RKN ▲ 43.76 %
15/06 1.998624 RKN ▲ 1.64 %
16/06 1.664127 RKN ▼ -16.74 %
17/06 1.451611 RKN ▼ -12.77 %
18/06 1.420891 RKN ▼ -2.12 %
19/06 1.258645 RKN ▼ -11.42 %
20/06 1.331543 RKN ▲ 5.79 %
21/06 1.194055 RKN ▼ -10.33 %
22/06 1.07672 RKN ▼ -9.83 %
23/06 1.136071 RKN ▲ 5.51 %
24/06 1.137171 RKN ▲ 0.1 %
25/06 1.143726 RKN ▲ 0.58 %
26/06 1.121158 RKN ▼ -1.97 %
27/06 1.100272 RKN ▼ -1.86 %
28/06 1.374706 RKN ▲ 24.94 %
29/06 1.396058 RKN ▲ 1.55 %
30/06 1.161449 RKN ▼ -16.81 %
01/07 1.246966 RKN ▲ 7.36 %
02/07 1.23353 RKN ▼ -1.08 %
03/07 1.039312 RKN ▼ -15.74 %
04/07 1.328931 RKN ▲ 27.87 %
05/07 1.554474 RKN ▲ 16.97 %
06/07 1.552094 RKN ▼ -0.15 %
07/07 1.549701 RKN ▼ -0.15 %
08/07 1.551326 RKN ▲ 0.1 %
09/07 1.551823 RKN ▲ 0.03 %
10/07 1.551823 RKN ▲ 0 %
11/07 1.544128 RKN ▼ -0.5 %

* — The prediction of the price of 1,000 Malagasy Ariary in Rakon is made by our specialists based on statistical data, global trends and major business news. Price prediction of 1,000 Malagasy Ariary in Rakon for 30 days, 3 months and a year are made by different experts and may have slight differences.

Prediction of 1,000 Malagasy Ariary in Rakon for the next 3 months*

17/06 — 23/06 1.599184 RKN ▼ -33.12 %
24/06 — 30/06 2.48896 RKN ▲ 55.64 %
01/07 — 07/07 2.919168 RKN ▲ 17.28 %
08/07 — 14/07 4.511188 RKN ▲ 54.54 %
15/07 — 21/07 4.597715 RKN ▲ 1.92 %
22/07 — 28/07 4.587713 RKN ▼ -0.22 %
29/07 — 04/08 4.925508 RKN ▲ 7.36 %
05/08 — 11/08 3.763995 RKN ▼ -23.58 %
12/08 — 18/08 3.434795 RKN ▼ -8.75 %
19/08 — 25/08 2.801697 RKN ▼ -18.43 %
26/08 — 01/09 3.019203 RKN ▲ 7.76 %
02/09 — 08/09 3.293669 RKN ▲ 9.09 %

Prediction of 1,000 Malagasy Ariary in Rakon for the next year*

07/2024 2.423024 RKN ▲ 1.33 %
08/2024 2.895121 RKN ▲ 19.48 %
09/2024 3.142029 RKN ▲ 8.53 %
10/2024 3.113086 RKN ▼ -0.92 %
11/2024 3.257358 RKN ▲ 4.63 %
12/2024 3.378319 RKN ▲ 3.71 %
01/2025 3.967215 RKN ▲ 17.43 %
02/2025 6.424646 RKN ▲ 61.94 %
03/2025 4.785705 RKN ▼ -25.51 %
04/2025 10.8423 RKN ▲ 126.56 %
05/2025 7.577613 RKN ▼ -30.11 %
06/2025 8.096169 RKN ▲ 6.84 %

FAQ

What is the price 1,000 MGA in RKN today, 06 10, 2024?

As of today, the price of 1,000 Malagasy Ariary to Rakon is - 2.39125 RKN

What will be the price 1,000 MGA in RKN tomorrow 2024.06.12?

For tomorrow 1,000 Malagasy Ariary to Rakon exchange rate - 1 rkn

What will be the price 1,000 MGA in RKN in the next month?

Our analysts have made a detailed prediction price 1,000 Malagasy Ariary to Rakon for the next month. You can see it by this link. For your convenience, it is broken down by day. Please note that this is only an approximate prediction and actual data may vary.

What will be the price 1,000 MGA in RKN in the next 3 months?

Our analysts have made a detailed prediction price 1,000 Malagasy Ariary to Rakon for the next quarter. You can see it by this link. For your convenience, it is broken down by week. Please note that this is only an approximate prediction and actual data may vary.

What will be the price 1,000 MGA in RKN in the coming year?

Our analysts have made a detailed prediction price 1,000 Malagasy Ariary to Rakon for the next year ahead. You can see it by this link. For your convenience, it is broken down by month. Please note that this is only an approximate prediction and actual data may vary.

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