Currency exchange rate Nakfa against the Rupiah. 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 Rupiah currency:
currency exchange rate history, background information, prediction and more about ERN/IDR
Chart of History of changes in the ERN/IDR exchange rate
ERN/IDR exchange rate on today
05 31, 2024
1 ERN = 70,548 IDR
▲ 1.61 %
This page provides information about the currency pair Nakfa/Rupiah, and more precisely about how much 1 Nakfa costs in Rupiah.
Data on the currency pair ERN/IDR 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/IDR 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/Rupiah, 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/IDR exchange rate over the past 30 days
For the last 30 days (05 02, 2024 — 05 31, 2024) the Nakfa exchange rate against the Rupiah currency changed by 17.82% (59,880 IDR — 70,548 IDR)
Change in the ERN/IDR exchange rate over the past 90 days
For the last 90 days (03 03, 2024 — 05 31, 2024) the Nakfa exchange rate against the Rupiah currency changed by 28.69% (54,821 IDR — 70,548 IDR)
Change in the ERN/IDR exchange rate over the past 365 days
For the last 365 days (06 02, 2023 — 05 31, 2024) the Nakfa exchange rate against the Rupiah currency changed by 138.25% (29,611 IDR — 70,548 IDR)
Change in the ERN/IDR exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 31, 2024) the Nakfa exchange rate against the Rupiah currency changed by 668829.35% (10.55 IDR — 70,548 IDR)
Nakfa/Rupiah price prediction
Nakfa/Rupiah price prediction for the next 30 days*
02/06 | 74,342 IDR | ▲ 5.38 % |
03/06 | 77,276 IDR | ▲ 3.95 % |
04/06 | 78,005 IDR | ▲ 0.94 % |
05/06 | 84,687 IDR | ▲ 8.57 % |
06/06 | 89,579 IDR | ▲ 5.78 % |
07/06 | 106,799 IDR | ▲ 19.22 % |
08/06 | 105,121 IDR | ▼ -1.57 % |
09/06 | 94,274 IDR | ▼ -10.32 % |
10/06 | 94,320 IDR | ▲ 0.05 % |
11/06 | 91,273 IDR | ▼ -3.23 % |
12/06 | 90,164 IDR | ▼ -1.21 % |
13/06 | 86,701 IDR | ▼ -3.84 % |
14/06 | 81,118 IDR | ▼ -6.44 % |
15/06 | 78,891 IDR | ▼ -2.75 % |
16/06 | 85,297 IDR | ▲ 8.12 % |
17/06 | 88,602 IDR | ▲ 3.87 % |
18/06 | 89,282 IDR | ▲ 0.77 % |
19/06 | 86,828 IDR | ▼ -2.75 % |
20/06 | 88,527 IDR | ▲ 1.96 % |
21/06 | 90,995 IDR | ▲ 2.79 % |
22/06 | 89,357 IDR | ▼ -1.8 % |
23/06 | 85,063 IDR | ▼ -4.81 % |
24/06 | 86,366 IDR | ▲ 1.53 % |
25/06 | 86,921 IDR | ▲ 0.64 % |
26/06 | 88,848 IDR | ▲ 2.22 % |
27/06 | 88,091 IDR | ▼ -0.85 % |
28/06 | 84,114 IDR | ▼ -4.51 % |
29/06 | 81,701 IDR | ▼ -2.87 % |
30/06 | 82,249 IDR | ▲ 0.67 % |
01/07 | 102,968 IDR | ▲ 25.19 % |
* — Price prediction of the Nakfa/Rupiah 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/Rupiah price prediction for the next 3 months*
03/06 — 09/06 | 93,006 IDR | ▲ 31.83 % |
10/06 — 16/06 | 95,092 IDR | ▲ 2.24 % |
17/06 — 23/06 | 81,625 IDR | ▼ -14.16 % |
24/06 — 30/06 | 86,361 IDR | ▲ 5.8 % |
01/07 — 07/07 | 61,632 IDR | ▼ -28.64 % |
08/07 — 14/07 | 68,880 IDR | ▲ 11.76 % |
15/07 — 21/07 | 56,156 IDR | ▼ -18.47 % |
22/07 — 28/07 | 60,613 IDR | ▲ 7.94 % |
29/07 — 04/08 | 60,645 IDR | ▲ 0.05 % |
05/08 — 11/08 | 60,479 IDR | ▼ -0.27 % |
12/08 — 18/08 | 60,830 IDR | ▲ 0.58 % |
19/08 — 25/08 | 71,670 IDR | ▲ 17.82 % |
Nakfa/Rupiah price prediction for the next year*
07/2024 | 72,863 IDR | ▲ 3.28 % |
07/2024 | 86,391 IDR | ▲ 18.57 % |
08/2024 | 65,513 IDR | ▼ -24.17 % |
09/2024 | 76,980 IDR | ▲ 17.5 % |
10/2024 | 81,593 IDR | ▲ 5.99 % |
11/2024 | 89,636 IDR | ▲ 9.86 % |
12/2024 | 103,295 IDR | ▲ 15.24 % |
01/2025 | 95,782 IDR | ▼ -7.27 % |
02/2025 | 134,497 IDR | ▲ 40.42 % |
03/2025 | 291,538 IDR | ▲ 116.76 % |
04/2025 | 205,256 IDR | ▼ -29.6 % |
05/2025 | 332,616 IDR | ▲ 62.05 % |
Nakfa/Rupiah exchange rate statistics
For 30 days | |
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Minimum | 1,063 IDR |
Maximum | 94,992 IDR |
Weighted Average | 54,911 IDR |
For 90 days | |
Minimum | 1,035 IDR |
Maximum | 124,995 IDR |
Weighted Average | 63,427 IDR |
For 365 days | |
Minimum | 991.33 IDR |
Maximum | 124,995 IDR |
Weighted Average | 31,285 IDR |
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