Currency exchange rate Nakfa against the Loom Network. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Nakfa currency exchange rate against the Loom Network currency:
currency exchange rate history, background information, prediction and more about ERN/LOOM
Chart of History of changes in the ERN/LOOM exchange rate
ERN/LOOM exchange rate on today
06 10, 2024
1 ERN = 51.2103 LOOM
▼ -0.74 %
This page provides information about the currency pair Nakfa/Loom Network, and more precisely about how much 1 Nakfa costs in Loom Network.
Data on the currency pair ERN/LOOM 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 ERN/LOOM 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 Nakfa/Loom Network, 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 ERN/LOOM exchange rate over the past 30 days
For the last 30 days (05 12, 2024 — 06 10, 2024) the Nakfa exchange rate against the Loom Network currency changed by -16.11% (61.0474 LOOM — 51.2103 LOOM)
Change in the ERN/LOOM exchange rate over the past 90 days
For the last 90 days (03 13, 2024 — 06 10, 2024) the Nakfa exchange rate against the Loom Network currency changed by 22.74% (41.7228 LOOM — 51.2103 LOOM)
Change in the ERN/LOOM exchange rate over the past 365 days
For the last 365 days (06 12, 2023 — 06 10, 2024) the Nakfa exchange rate against the Loom Network currency changed by 38.39% (37.0053 LOOM — 51.2103 LOOM)
Change in the ERN/LOOM exchange rate for all time
For all the time our site has been running (04 10, 2020 — 06 10, 2024) the Nakfa exchange rate against the Loom Network currency changed by 1014.15% (4.596343 LOOM — 51.2103 LOOM)
Nakfa/Loom Network price prediction
Nakfa/Loom Network price prediction for the next 30 days*
11/06 | 49.9743 LOOM | ▼ -2.41 % |
12/06 | 47.7745 LOOM | ▼ -4.4 % |
13/06 | 45.014 LOOM | ▼ -5.78 % |
14/06 | 43.4945 LOOM | ▼ -3.38 % |
15/06 | 43.2209 LOOM | ▼ -0.63 % |
16/06 | 40.8179 LOOM | ▼ -5.56 % |
17/06 | 40.6571 LOOM | ▼ -0.39 % |
18/06 | 41.7469 LOOM | ▲ 2.68 % |
19/06 | 42.1514 LOOM | ▲ 0.97 % |
20/06 | 42.8019 LOOM | ▲ 1.54 % |
21/06 | 42.3266 LOOM | ▼ -1.11 % |
22/06 | 42.0629 LOOM | ▼ -0.62 % |
23/06 | 42.7042 LOOM | ▲ 1.52 % |
24/06 | 42.9996 LOOM | ▲ 0.69 % |
25/06 | 44.2063 LOOM | ▲ 2.81 % |
26/06 | 44.0336 LOOM | ▼ -0.39 % |
27/06 | 41.9289 LOOM | ▼ -4.78 % |
28/06 | 41.0503 LOOM | ▼ -2.1 % |
29/06 | 41.9767 LOOM | ▲ 2.26 % |
30/06 | 42.7317 LOOM | ▲ 1.8 % |
01/07 | 42.2586 LOOM | ▼ -1.11 % |
02/07 | 40.2416 LOOM | ▼ -4.77 % |
03/07 | 39.8682 LOOM | ▼ -0.93 % |
04/07 | 40.7275 LOOM | ▲ 2.16 % |
05/07 | 40.122 LOOM | ▼ -1.49 % |
06/07 | 40.2867 LOOM | ▲ 0.41 % |
07/07 | 40.5768 LOOM | ▲ 0.72 % |
08/07 | 27.1285 LOOM | ▼ -33.14 % |
09/07 | 38.7225 LOOM | ▲ 42.74 % |
10/07 | 51.2407 LOOM | ▲ 32.33 % |
* — Price prediction of the Nakfa/Loom Network 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.
Nakfa/Loom Network price prediction for the next 3 months*
17/06 — 23/06 | 47.5209 LOOM | ▼ -7.2 % |
24/06 — 30/06 | 40.5261 LOOM | ▼ -14.72 % |
01/07 — 07/07 | 49.9008 LOOM | ▲ 23.13 % |
08/07 — 14/07 | 46.0315 LOOM | ▼ -7.75 % |
15/07 — 21/07 | 47.7244 LOOM | ▲ 3.68 % |
22/07 — 28/07 | 36.9165 LOOM | ▼ -22.65 % |
29/07 — 04/08 | 45.691 LOOM | ▲ 23.77 % |
05/08 — 11/08 | 46.9462 LOOM | ▲ 2.75 % |
12/08 — 18/08 | 42.7438 LOOM | ▼ -8.95 % |
19/08 — 25/08 | 45.2972 LOOM | ▲ 5.97 % |
26/08 — 01/09 | 41.6764 LOOM | ▼ -7.99 % |
02/09 — 08/09 | 66.1555 LOOM | ▲ 58.74 % |
Nakfa/Loom Network price prediction for the next year*
07/2024 | 53.0512 LOOM | ▲ 3.59 % |
08/2024 | 50.6572 LOOM | ▼ -4.51 % |
09/2024 | 3.81976 LOOM | ▼ -92.46 % |
10/2024 | 4.644382 LOOM | ▲ 21.59 % |
11/2024 | 5.185535 LOOM | ▲ 11.65 % |
12/2024 | 7.407335 LOOM | ▲ 42.85 % |
01/2025 | 8.322524 LOOM | ▲ 12.36 % |
02/2025 | 10.4431 LOOM | ▲ 25.48 % |
03/2025 | 20.3041 LOOM | ▲ 94.43 % |
04/2025 | 18.5952 LOOM | ▼ -8.42 % |
05/2025 | 20.8905 LOOM | ▲ 12.34 % |
06/2025 | 30.1257 LOOM | ▲ 44.21 % |
Nakfa/Loom Network exchange rate statistics
For 30 days | |
---|---|
Minimum | 0.74023398 LOOM |
Maximum | 59.273 LOOM |
Weighted Average | 38.4322 LOOM |
For 90 days | |
Minimum | 0.52262042 LOOM |
Maximum | 79.6678 LOOM |
Weighted Average | 41.9894 LOOM |
For 365 days | |
Minimum | 0.19388557 LOOM |
Maximum | 79.6678 LOOM |
Weighted Average | 24.5623 LOOM |
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