Currency exchange rate Decred against the Naira. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Decred currency exchange rate against the Naira currency:
currency exchange rate history, background information, prediction and more about DCR/NGN
Chart of History of changes in the DCR/NGN exchange rate
DCR/NGN exchange rate on today
06 03, 2024
1 DCR = 29,495 NGN
▲ 1.29 %
This page provides information about the currency pair Decred/Naira, and more precisely about how much 1 Decred costs in Naira.
Data on the currency pair DCR/NGN 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 DCR/NGN 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 Decred/Naira, 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 DCR/NGN exchange rate over the past 30 days
For the last 30 days (05 05, 2024 — 06 03, 2024) the Decred exchange rate against the Naira currency changed by -0.35% (29,597 NGN — 29,495 NGN)
Change in the DCR/NGN exchange rate over the past 90 days
For the last 90 days (03 06, 2024 — 06 03, 2024) the Decred exchange rate against the Naira currency changed by -17.21% (35,626 NGN — 29,495 NGN)
Change in the DCR/NGN exchange rate over the past 365 days
For the last 365 days (06 05, 2023 — 06 03, 2024) the Decred exchange rate against the Naira currency changed by 313.52% (7,133 NGN — 29,495 NGN)
Change in the DCR/NGN exchange rate for all time
For all the time our site has been running (04 10, 2020 — 06 03, 2024) the Decred exchange rate against the Naira currency changed by 528.85% (4,690 NGN — 29,495 NGN)
Decred/Naira price prediction
Decred/Naira price prediction for the next 30 days*
04/06 | 29,312 NGN | ▼ -0.62 % |
05/06 | 30,067 NGN | ▲ 2.58 % |
06/06 | 29,784 NGN | ▼ -0.94 % |
07/06 | 29,097 NGN | ▼ -2.31 % |
08/06 | 28,479 NGN | ▼ -2.13 % |
09/06 | 28,343 NGN | ▼ -0.48 % |
10/06 | 27,819 NGN | ▼ -1.85 % |
11/06 | 27,490 NGN | ▼ -1.19 % |
12/06 | 27,343 NGN | ▼ -0.53 % |
13/06 | 27,048 NGN | ▼ -1.08 % |
14/06 | 29,058 NGN | ▲ 7.43 % |
15/06 | 30,364 NGN | ▲ 4.49 % |
16/06 | 30,665 NGN | ▲ 0.99 % |
17/06 | 30,816 NGN | ▲ 0.49 % |
18/06 | 29,399 NGN | ▼ -4.6 % |
19/06 | 30,716 NGN | ▲ 4.48 % |
20/06 | 31,462 NGN | ▲ 2.43 % |
21/06 | 30,660 NGN | ▼ -2.55 % |
22/06 | 29,561 NGN | ▼ -3.58 % |
23/06 | 29,399 NGN | ▼ -0.55 % |
24/06 | 30,325 NGN | ▲ 3.15 % |
25/06 | 31,315 NGN | ▲ 3.26 % |
26/06 | 31,921 NGN | ▲ 1.94 % |
27/06 | 29,598 NGN | ▼ -7.28 % |
28/06 | 28,981 NGN | ▼ -2.08 % |
29/06 | 28,033 NGN | ▼ -3.27 % |
30/06 | 28,878 NGN | ▲ 3.01 % |
01/07 | 30,069 NGN | ▲ 4.12 % |
02/07 | 29,032 NGN | ▼ -3.45 % |
03/07 | 28,621 NGN | ▼ -1.41 % |
* — Price prediction of the Decred/Naira 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.
Decred/Naira price prediction for the next 3 months*
10/06 — 16/06 | 29,327 NGN | ▼ -0.57 % |
17/06 — 23/06 | 26,870 NGN | ▼ -8.38 % |
24/06 — 30/06 | 25,762 NGN | ▼ -4.12 % |
01/07 — 07/07 | 23,762 NGN | ▼ -7.76 % |
08/07 — 14/07 | 14,256 NGN | ▼ -40.01 % |
15/07 — 21/07 | 15,764 NGN | ▲ 10.58 % |
22/07 — 28/07 | 16,343 NGN | ▲ 3.67 % |
29/07 — 04/08 | 18,648 NGN | ▲ 14.11 % |
05/08 — 11/08 | 17,147 NGN | ▼ -8.05 % |
12/08 — 18/08 | 19,273 NGN | ▲ 12.4 % |
19/08 — 25/08 | 19,722 NGN | ▲ 2.33 % |
26/08 — 01/09 | 17,943 NGN | ▼ -9.02 % |
Decred/Naira price prediction for the next year*
07/2024 | 27,856 NGN | ▼ -5.56 % |
08/2024 | 24,856 NGN | ▼ -10.77 % |
09/2024 | 26,671 NGN | ▲ 7.3 % |
10/2024 | 25,522 NGN | ▼ -4.31 % |
10/2024 | 29,904 NGN | ▲ 17.17 % |
11/2024 | 44,323 NGN | ▲ 48.22 % |
12/2024 | 50,805 NGN | ▲ 14.62 % |
01/2025 | 108,646 NGN | ▲ 113.85 % |
02/2025 | 111,462 NGN | ▲ 2.59 % |
03/2025 | 73,190 NGN | ▼ -34.34 % |
04/2025 | 85,008 NGN | ▲ 16.15 % |
05/2025 | 81,972 NGN | ▼ -3.57 % |
Decred/Naira exchange rate statistics
For 30 days | |
---|---|
Minimum | 26,277 NGN |
Maximum | 32,004 NGN |
Weighted Average | 29,400 NGN |
For 90 days | |
Minimum | 22,132 NGN |
Maximum | 50,192 NGN |
Weighted Average | 32,015 NGN |
For 365 days | |
Minimum | 5,636 NGN |
Maximum | 50,192 NGN |
Weighted Average | 18,077 NGN |
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