Currency exchange rate Ren against the Venezuelan Bolivar. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Ren currency exchange rate against the Venezuelan Bolivar currency:
currency exchange rate history, background information, prediction and more about REN/VEF
Chart of History of changes in the REN/VEF exchange rate
REN/VEF exchange rate on today
05 07, 2024
1 REN = 235,498 VEF
▼ -1.76 %
This page provides information about the currency pair Ren/Venezuelan Bolivar, and more precisely about how much 1 Ren costs in Venezuelan Bolivar.
Data on the currency pair REN/VEF 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 REN/VEF 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 Ren/Venezuelan Bolivar, 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 REN/VEF exchange rate over the past 30 days
For the last 30 days (04 08, 2024 — 05 07, 2024) the Ren exchange rate against the Venezuelan Bolivar currency changed by -38.88% (385,329 VEF — 235,498 VEF)
Change in the REN/VEF exchange rate over the past 90 days
For the last 90 days (02 08, 2024 — 05 07, 2024) the Ren exchange rate against the Venezuelan Bolivar currency changed by 5.65% (222,905 VEF — 235,498 VEF)
Change in the REN/VEF exchange rate over the past 365 days
For the last 365 days (05 09, 2023 — 05 07, 2024) the Ren exchange rate against the Venezuelan Bolivar currency changed by 14.37% (205,911 VEF — 235,498 VEF)
Change in the REN/VEF exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 07, 2024) the Ren exchange rate against the Venezuelan Bolivar currency changed by 39341278.15% (0.6 VEF — 235,498 VEF)
Ren/Venezuelan Bolivar price prediction
Ren/Venezuelan Bolivar price prediction for the next 30 days*
09/05 | 236,175 VEF | ▲ 0.29 % |
10/05 | 236,059 VEF | ▼ -0.05 % |
11/05 | 229,364 VEF | ▼ -2.84 % |
12/05 | 220,243 VEF | ▼ -3.98 % |
13/05 | 188,074 VEF | ▼ -14.61 % |
14/05 | 142,014 VEF | ▼ -24.49 % |
15/05 | 137,934 VEF | ▼ -2.87 % |
16/05 | 141,510 VEF | ▲ 2.59 % |
17/05 | 136,990 VEF | ▼ -3.19 % |
18/05 | 135,014 VEF | ▼ -1.44 % |
19/05 | 136,794 VEF | ▲ 1.32 % |
20/05 | 138,189 VEF | ▲ 1.02 % |
21/05 | 146,705 VEF | ▲ 6.16 % |
22/05 | 148,833 VEF | ▲ 1.45 % |
23/05 | 150,800 VEF | ▲ 1.32 % |
24/05 | 154,328 VEF | ▲ 2.34 % |
25/05 | 157,358 VEF | ▲ 1.96 % |
26/05 | 152,531 VEF | ▼ -3.07 % |
27/05 | 150,602 VEF | ▼ -1.27 % |
28/05 | 146,351 VEF | ▼ -2.82 % |
29/05 | 146,470 VEF | ▲ 0.08 % |
30/05 | 139,605 VEF | ▼ -4.69 % |
31/05 | 134,807 VEF | ▼ -3.44 % |
01/06 | 132,790 VEF | ▼ -1.5 % |
02/06 | 139,833 VEF | ▲ 5.3 % |
03/06 | 142,321 VEF | ▲ 1.78 % |
04/06 | 144,108 VEF | ▲ 1.26 % |
05/06 | 144,174 VEF | ▲ 0.05 % |
06/06 | 145,971 VEF | ▲ 1.25 % |
07/06 | 142,388 VEF | ▼ -2.45 % |
* — Price prediction of the Ren/Venezuelan Bolivar 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.
Ren/Venezuelan Bolivar price prediction for the next 3 months*
13/05 — 19/05 | 232,709 VEF | ▼ -1.18 % |
20/05 — 26/05 | 272,137 VEF | ▲ 16.94 % |
27/05 — 02/06 | 291,984 VEF | ▲ 7.29 % |
03/06 — 09/06 | 270,851 VEF | ▼ -7.24 % |
10/06 — 16/06 | 296,981 VEF | ▲ 9.65 % |
17/06 — 23/06 | 309,895 VEF | ▲ 4.35 % |
24/06 — 30/06 | 304,121 VEF | ▼ -1.86 % |
01/07 — 07/07 | 142,889 VEF | ▼ -53.02 % |
08/07 — 14/07 | 150,256 VEF | ▲ 5.16 % |
15/07 — 21/07 | 137,707 VEF | ▼ -8.35 % |
22/07 — 28/07 | 144,339 VEF | ▲ 4.82 % |
29/07 — 04/08 | 140,745 VEF | ▼ -2.49 % |
Ren/Venezuelan Bolivar price prediction for the next year*
06/2024 | 242,938 VEF | ▲ 3.16 % |
07/2024 | 241,560 VEF | ▼ -0.57 % |
08/2024 | 214,952 VEF | ▼ -11.01 % |
09/2024 | 232,622 VEF | ▲ 8.22 % |
10/2024 | 238,659 VEF | ▲ 2.59 % |
11/2024 | 309,744 VEF | ▲ 29.79 % |
12/2024 | 411,424 VEF | ▲ 32.83 % |
01/2025 | 285,531 VEF | ▼ -30.6 % |
02/2025 | 444,927 VEF | ▲ 55.82 % |
03/2025 | 509,294 VEF | ▲ 14.47 % |
04/2025 | 274,007 VEF | ▼ -46.2 % |
05/2025 | 296,290 VEF | ▲ 8.13 % |
Ren/Venezuelan Bolivar exchange rate statistics
For 30 days | |
---|---|
Minimum | 200,638 VEF |
Maximum | 393,948 VEF |
Weighted Average | 261,438 VEF |
For 90 days | |
Minimum | 200,638 VEF |
Maximum | 455,058 VEF |
Weighted Average | 308,692 VEF |
For 365 days | |
Minimum | 148,495 VEF |
Maximum | 455,058 VEF |
Weighted Average | 228,836 VEF |
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