1 Ethiopian Birr to Monetha. Chart, history price and prediction on tomorrow, next month, 2024 year

Price 1 Ethiopian Birr to Monetha based on current data,
received from currency exchange exchanges as of 05 11, 2024, is 7.844993 MTH.

How much is 1 ETB in MTH?

05 11, 2024
1 ETB = 7.844993 MTH
▼ -0.13 %
1 MTH = 0.13 ETB
1 ETB = 7.844993 MTH

Chart of History of price changes 1 ETB in MTH

Price statistics 1 Ethiopian Birr in Monetha

For 30 days
Minimum 7.210107 MTH
Maximum 8.208736 MTH
Weighted Average 7.522468 MTH
For 90 days
Minimum 3.889061 MTH
Maximum 8.208736 MTH
Weighted Average 6.472005 MTH
For 365 days
Minimum 2.159799 MTH
Maximum 8.208736 MTH
Weighted Average 4.418506 MTH

Change in the price of 1 ETB to MTH in the last 30 days

For the last 30 days (04 12, 2024 — 05 11, 2024) price 1 Ethiopian Birr against Monetha changed by 5.7% (7.421703 MTH — 7.844993 MTH)

Change in the price of 1 ETB to MTH in the last 90 days

For the last 90 days (02 12, 2024 — 05 11, 2024) the price of 1 Ethiopian Birr against Monetha changed by 1.45% (7.73319 MTH — 7.844993 MTH)

Change in the price of 1 ETB to MTH in the last 365 days

For the last 365 days (05 13, 2023 — 05 11, 2024) the price of 1 Ethiopian Birr against Monetha changed by 162.45% (2.989184 MTH — 7.844993 MTH)

Change in the price of 1 ETB to MTH for the entire time

For all the time our site has been running (04 10, 2020 — 05 11, 2024) the price of 1 Ethiopian Birr against Monetha changed by 45.66% (5.385872 MTH — 7.844993 MTH)

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Price prediction 1 Ethiopian Birr in Monetha

Ways to predict the exchange rate and cryptocurrencies. 

  1. Technical analysis: This method uses past price and volume data to try to identify patterns that can indicate future price movements. Traders and investors use technical indicators, such as moving averages, MACD, RSI, and candlestick charts, to analyze the market and predict future trends. For example, if the price of Bitcoin has been trading in a range for a while, and then breaks out above a key resistance level, traders may expect the price to continue rising.

  2. Fundamental analysis: This method looks at underlying economic and financial factors to try to determine the intrinsic value of an asset. Fundamental analysis includes analyzing financial statements, economic indicators, news events, and other factors that can affect the supply and demand of an asset. For example, if a country's central bank raises interest rates, the currency of that country may appreciate against other currencies.

  3. Sentiment analysis: This method uses social media and other sources to gauge market sentiment and investor psychology. Traders and investors use sentiment analysis to try to identify trends and potential turning points in the market. For example, if there is a lot of negative news and sentiment surrounding a particular cryptocurrency, traders may expect the price to decline.

  4. Machine learning and AI: This method uses algorithms and statistical models to analyze large amounts of data and make predictions about future price movements. Machine learning algorithms can learn from past data and adjust their predictions as new data becomes available. For example, a machine learning algorithm could analyze past price data, news articles, social media sentiment, and other factors to make predictions about the future price of a particular cryptocurrency.

Prediction of 1 Ethiopian Birr in Monetha for the next 30 days*

12/05 7.916914 MTH ▲ 0.92 %
13/05 7.79205 MTH ▼ -1.58 %
14/05 8.130906 MTH ▲ 4.35 %
15/05 8.618673 MTH ▲ 6 %
16/05 8.185759 MTH ▼ -5.02 %
17/05 8.523343 MTH ▲ 4.12 %
18/05 8.261992 MTH ▼ -3.07 %
19/05 8.216342 MTH ▼ -0.55 %
20/05 7.46423 MTH ▼ -9.15 %
21/05 8.095089 MTH ▲ 8.45 %
22/05 8.054195 MTH ▼ -0.51 %
23/05 8.132745 MTH ▲ 0.98 %
24/05 8.20599 MTH ▲ 0.9 %
25/05 8.38439 MTH ▲ 2.17 %
26/05 8.50166 MTH ▲ 1.4 %
27/05 8.60091 MTH ▲ 1.17 %
28/05 8.508994 MTH ▼ -1.07 %
29/05 8.844961 MTH ▲ 3.95 %
30/05 9.102649 MTH ▲ 2.91 %
31/05 9.343137 MTH ▲ 2.64 %
01/06 8.684905 MTH ▼ -7.05 %
02/06 8.212119 MTH ▼ -5.44 %
03/06 8.233197 MTH ▲ 0.26 %
04/06 8.154858 MTH ▼ -0.95 %
05/06 8.201776 MTH ▲ 0.58 %
06/06 8.26932 MTH ▲ 0.82 %
07/06 8.429629 MTH ▲ 1.94 %
08/06 8.515978 MTH ▲ 1.02 %
09/06 8.720237 MTH ▲ 2.4 %
10/06 8.929893 MTH ▲ 2.4 %

* — The prediction of the price of 1 Ethiopian Birr in Monetha is made by our specialists based on statistical data, global trends and major business news. Price prediction of 1 Ethiopian Birr in Monetha for 30 days, 3 months and a year are made by different experts and may have slight differences.

Prediction of 1 Ethiopian Birr in Monetha for the next 3 months*

13/05 — 19/05 6.672156 MTH ▼ -14.95 %
20/05 — 26/05 5.259522 MTH ▼ -21.17 %
27/05 — 02/06 6.177396 MTH ▲ 17.45 %
03/06 — 09/06 7.17176 MTH ▲ 16.1 %
10/06 — 16/06 8.004941 MTH ▲ 11.62 %
17/06 — 23/06 7.106956 MTH ▼ -11.22 %
24/06 — 30/06 8.888731 MTH ▲ 25.07 %
01/07 — 07/07 9.902037 MTH ▲ 11.4 %
08/07 — 14/07 9.423565 MTH ▼ -4.83 %
15/07 — 21/07 10.4718 MTH ▲ 11.12 %
22/07 — 28/07 9.008462 MTH ▼ -13.97 %
29/07 — 04/08 10.083 MTH ▲ 11.93 %

Prediction of 1 Ethiopian Birr in Monetha for the next year*

06/2024 8.266712 MTH ▲ 5.38 %
07/2024 6.022353 MTH ▼ -27.15 %
08/2024 5.958774 MTH ▼ -1.06 %
09/2024 7.953215 MTH ▲ 33.47 %
10/2024 3.398972 MTH ▼ -57.26 %
11/2024 3.735522 MTH ▲ 9.9 %
12/2024 5.798131 MTH ▲ 55.22 %
01/2025 13.9354 MTH ▲ 140.34 %
02/2025 8.069014 MTH ▼ -42.1 %
03/2025 11.4542 MTH ▲ 41.95 %
04/2025 18.6468 MTH ▲ 62.79 %
05/2025 16.7286 MTH ▼ -10.29 %

FAQ

What is the price 1 ETB in MTH today, 05 11, 2024?

As of today, the price of 1 Ethiopian Birr to Monetha is - 7.844993 MTH

What will be the price 1 ETB in MTH tomorrow 2024.05.12?

For tomorrow 1 Ethiopian Birr to Monetha exchange rate - 8 mth

What will be the price 1 ETB in MTH in the next month?

Our analysts have made a detailed prediction price 1 Ethiopian Birr to Monetha for the next month. You can see it by this link. For your convenience, it is broken down by day. Please note that this is only an approximate prediction and actual data may vary.

What will be the price 1 ETB in MTH in the next 3 months?

Our analysts have made a detailed prediction price 1 Ethiopian Birr to Monetha for the next quarter. You can see it by this link. For your convenience, it is broken down by week. Please note that this is only an approximate prediction and actual data may vary.

What will be the price 1 ETB in MTH in the coming year?

Our analysts have made a detailed prediction price 1 Ethiopian Birr to Monetha for the next year ahead. You can see it by this link. For your convenience, it is broken down by month. Please note that this is only an approximate prediction and actual data may vary.

Our expert

All forecasts on our website are made by our professional financial experts. Here are just a few of them:

Anthony Carter Anthony Carter CEO, lead analyst
David Bailey David Bailey Managing Director, Director of research Department
Anthony Glenn Anthony Glenn Deputy head of analytical Department
Joseph Hensley Joseph Hensley Senior analyst, markets and equities Department