Currency exchange rate Nakfa against the Metal. 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 Metal currency:
currency exchange rate history, background information, prediction and more about ERN/MTL
Chart of History of changes in the ERN/MTL exchange rate
ERN/MTL exchange rate on today
06 10, 2024
1 ERN = 2.736925 MTL
▼ -0.7 %
This page provides information about the currency pair Nakfa/Metal, and more precisely about how much 1 Nakfa costs in Metal.
Data on the currency pair ERN/MTL 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/MTL 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/Metal, 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/MTL exchange rate over the past 30 days
For the last 30 days (05 12, 2024 — 06 10, 2024) the Nakfa exchange rate against the Metal currency changed by 1.23% (2.703768 MTL — 2.736925 MTL)
Change in the ERN/MTL exchange rate over the past 90 days
For the last 90 days (03 13, 2024 — 06 10, 2024) the Nakfa exchange rate against the Metal currency changed by 23.28% (2.220164 MTL — 2.736925 MTL)
Change in the ERN/MTL exchange rate over the past 365 days
For the last 365 days (06 12, 2023 — 06 10, 2024) the Nakfa exchange rate against the Metal currency changed by 92.63% (1.420793 MTL — 2.736925 MTL)
Change in the ERN/MTL 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 Metal currency changed by 942.32% (0.26257945 MTL — 2.736925 MTL)
Nakfa/Metal price prediction
Nakfa/Metal price prediction for the next 30 days*
11/06 | 2.777408 MTL | ▲ 1.48 % |
12/06 | 2.683996 MTL | ▼ -3.36 % |
13/06 | 2.491394 MTL | ▼ -7.18 % |
14/06 | 2.311958 MTL | ▼ -7.2 % |
15/06 | 2.417001 MTL | ▲ 4.54 % |
16/06 | 2.409884 MTL | ▼ -0.29 % |
17/06 | 2.40175 MTL | ▼ -0.34 % |
18/06 | 2.43597 MTL | ▲ 1.42 % |
19/06 | 2.484902 MTL | ▲ 2.01 % |
20/06 | 2.471934 MTL | ▼ -0.52 % |
21/06 | 2.396693 MTL | ▼ -3.04 % |
22/06 | 2.381985 MTL | ▼ -0.61 % |
23/06 | 2.442258 MTL | ▲ 2.53 % |
24/06 | 2.440817 MTL | ▼ -0.06 % |
25/06 | 2.497591 MTL | ▲ 2.33 % |
26/06 | 2.474126 MTL | ▼ -0.94 % |
27/06 | 2.363344 MTL | ▼ -4.48 % |
28/06 | 2.308505 MTL | ▼ -2.32 % |
29/06 | 2.300496 MTL | ▼ -0.35 % |
30/06 | 2.372052 MTL | ▲ 3.11 % |
01/07 | 2.517608 MTL | ▲ 6.14 % |
02/07 | 2.431298 MTL | ▼ -3.43 % |
03/07 | 2.450059 MTL | ▲ 0.77 % |
04/07 | 2.607056 MTL | ▲ 6.41 % |
05/07 | 2.630995 MTL | ▲ 0.92 % |
06/07 | 2.642405 MTL | ▲ 0.43 % |
07/07 | 2.684785 MTL | ▲ 1.6 % |
08/07 | 1.810813 MTL | ▼ -32.55 % |
09/07 | 2.559252 MTL | ▲ 41.33 % |
10/07 | 3.389389 MTL | ▲ 32.44 % |
* — Price prediction of the Nakfa/Metal 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/Metal price prediction for the next 3 months*
17/06 — 23/06 | 2.515914 MTL | ▼ -8.08 % |
24/06 — 30/06 | 2.219758 MTL | ▼ -11.77 % |
01/07 — 07/07 | 2.552728 MTL | ▲ 15 % |
08/07 — 14/07 | 2.272052 MTL | ▼ -11 % |
15/07 — 21/07 | 2.343105 MTL | ▲ 3.13 % |
22/07 — 28/07 | 1.996464 MTL | ▼ -14.79 % |
29/07 — 04/08 | 2.138358 MTL | ▲ 7.11 % |
05/08 — 11/08 | 2.087938 MTL | ▼ -2.36 % |
12/08 — 18/08 | 1.960857 MTL | ▼ -6.09 % |
19/08 — 25/08 | 1.9613 MTL | ▲ 0.02 % |
26/08 — 01/09 | 1.952195 MTL | ▼ -0.46 % |
02/09 — 08/09 | 3.387523 MTL | ▲ 73.52 % |
Nakfa/Metal price prediction for the next year*
07/2024 | 2.704218 MTL | ▼ -1.2 % |
08/2024 | 2.676501 MTL | ▼ -1.02 % |
09/2024 | 2.574789 MTL | ▼ -3.8 % |
10/2024 | 2.043643 MTL | ▼ -20.63 % |
11/2024 | 2.199954 MTL | ▲ 7.65 % |
12/2024 | 2.80151 MTL | ▲ 27.34 % |
01/2025 | 2.833654 MTL | ▲ 1.15 % |
02/2025 | 3.405106 MTL | ▲ 20.17 % |
03/2025 | 6.332333 MTL | ▲ 85.97 % |
04/2025 | 5.427813 MTL | ▼ -14.28 % |
05/2025 | 5.983697 MTL | ▲ 10.24 % |
06/2025 | 9.810951 MTL | ▲ 63.96 % |
Nakfa/Metal exchange rate statistics
For 30 days | |
---|---|
Minimum | 0.03412413 MTL |
Maximum | 2.771269 MTL |
Weighted Average | 1.820183 MTL |
For 90 days | |
Minimum | 0.02831116 MTL |
Maximum | 4.090157 MTL |
Weighted Average | 2.076857 MTL |
For 365 days | |
Minimum | 0.02518895 MTL |
Maximum | 4.090157 MTL |
Weighted Average | 1.226316 MTL |
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