Currency exchange rate Nakfa against the Rwanda Franc. 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 Rwanda Franc currency:
currency exchange rate history, background information, prediction and more about ERN/RWF
Chart of History of changes in the ERN/RWF exchange rate
ERN/RWF exchange rate on today
05 19, 2024
1 ERN = 5,679 RWF
▼ -3.19 %
This page provides information about the currency pair Nakfa/Rwanda Franc, and more precisely about how much 1 Nakfa costs in Rwanda Franc.
Data on the currency pair ERN/RWF 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/RWF 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/Rwanda Franc, 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/RWF exchange rate over the past 30 days
For the last 30 days (04 20, 2024 — 05 19, 2024) the Nakfa exchange rate against the Rwanda Franc currency changed by -0.2% (5,690 RWF — 5,679 RWF)
Change in the ERN/RWF exchange rate over the past 90 days
For the last 90 days (02 20, 2024 — 05 19, 2024) the Nakfa exchange rate against the Rwanda Franc currency changed by 80.63% (3,144 RWF — 5,679 RWF)
Change in the ERN/RWF exchange rate over the past 365 days
For the last 365 days (05 21, 2023 — 05 19, 2024) the Nakfa exchange rate against the Rwanda Franc currency changed by 164.63% (2,146 RWF — 5,679 RWF)
Change in the ERN/RWF exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 19, 2024) the Nakfa exchange rate against the Rwanda Franc currency changed by 8985.62% (62.5 RWF — 5,679 RWF)
Nakfa/Rwanda Franc price prediction
Nakfa/Rwanda Franc price prediction for the next 30 days*
20/05 | 5,990 RWF | ▲ 5.49 % |
21/05 | 6,391 RWF | ▲ 6.69 % |
22/05 | 6,718 RWF | ▲ 5.12 % |
23/05 | 6,423 RWF | ▼ -4.38 % |
24/05 | 6,131 RWF | ▼ -4.55 % |
25/05 | 6,084 RWF | ▼ -0.77 % |
26/05 | 6,103 RWF | ▲ 0.32 % |
27/05 | 5,890 RWF | ▼ -3.49 % |
28/05 | 5,676 RWF | ▼ -3.62 % |
29/05 | 5,417 RWF | ▼ -4.58 % |
30/05 | 5,061 RWF | ▼ -6.57 % |
31/05 | 4,727 RWF | ▼ -6.6 % |
01/06 | 4,861 RWF | ▲ 2.84 % |
02/06 | 5,153 RWF | ▲ 6.01 % |
03/06 | 5,186 RWF | ▲ 0.64 % |
04/06 | 5,514 RWF | ▲ 6.32 % |
05/06 | 5,743 RWF | ▲ 4.17 % |
06/06 | 6,657 RWF | ▲ 15.9 % |
07/06 | 6,587 RWF | ▼ -1.06 % |
08/06 | 5,967 RWF | ▼ -9.4 % |
09/06 | 5,989 RWF | ▲ 0.37 % |
10/06 | 5,756 RWF | ▼ -3.89 % |
11/06 | 5,689 RWF | ▼ -1.17 % |
12/06 | 5,383 RWF | ▼ -5.39 % |
13/06 | 5,025 RWF | ▼ -6.65 % |
14/06 | 4,864 RWF | ▼ -3.2 % |
15/06 | 5,106 RWF | ▲ 4.98 % |
16/06 | 5,282 RWF | ▲ 3.44 % |
17/06 | 5,296 RWF | ▲ 0.26 % |
18/06 | 7,173 RWF | ▲ 35.46 % |
* — Price prediction of the Nakfa/Rwanda Franc 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/Rwanda Franc price prediction for the next 3 months*
20/05 — 26/05 | 6,096 RWF | ▲ 7.34 % |
27/05 — 02/06 | 5,677 RWF | ▼ -6.86 % |
03/06 — 09/06 | 12,069 RWF | ▲ 112.59 % |
10/06 — 16/06 | 12,358 RWF | ▲ 2.4 % |
17/06 — 23/06 | 11,380 RWF | ▼ -7.92 % |
24/06 — 30/06 | 12,201 RWF | ▲ 7.21 % |
01/07 — 07/07 | 7,350 RWF | ▼ -39.76 % |
08/07 — 14/07 | 8,274 RWF | ▲ 12.58 % |
15/07 — 21/07 | 6,976 RWF | ▼ -15.7 % |
22/07 — 28/07 | 7,374 RWF | ▲ 5.71 % |
29/07 — 04/08 | 7,377 RWF | ▲ 0.05 % |
05/08 — 11/08 | 10,296 RWF | ▲ 39.56 % |
Nakfa/Rwanda Franc price prediction for the next year*
06/2024 | 5,766 RWF | ▲ 1.55 % |
07/2024 | 6,547 RWF | ▲ 13.54 % |
08/2024 | 4,967 RWF | ▼ -24.14 % |
09/2024 | 5,540 RWF | ▲ 11.54 % |
10/2024 | 5,635 RWF | ▲ 1.71 % |
11/2024 | 6,217 RWF | ▲ 10.34 % |
12/2024 | 7,358 RWF | ▲ 18.36 % |
01/2025 | 6,732 RWF | ▼ -8.51 % |
02/2025 | 10,984 RWF | ▲ 63.15 % |
03/2025 | 23,582 RWF | ▲ 114.7 % |
04/2025 | 10,173 RWF | ▼ -56.86 % |
05/2025 | 15,816 RWF | ▲ 55.46 % |
Nakfa/Rwanda Franc exchange rate statistics
For 30 days | |
---|---|
Minimum | 85.78 RWF |
Maximum | 7,639 RWF |
Weighted Average | 4,477 RWF |
For 90 days | |
Minimum | 84.87 RWF |
Maximum | 10,211 RWF |
Weighted Average | 4,867 RWF |
For 365 days | |
Minimum | 74.6 RWF |
Maximum | 10,211 RWF |
Weighted Average | 2,407 RWF |
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