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

Price 2 Ethiopian Birr to Sumokoin based on current data,
received from currency exchange exchanges as of 06 11, 2024, is 5.231322 SUMO.

How much is 2 ETB in SUMO?

06 11, 2024
2 ETB = 5.231322 SUMO
▲ 1.57 %
2 SUMO = 0.76 ETB
1 ETB = 2.615661 SUMO

Chart of History of price changes 2 ETB in SUMO

Price statistics 2 Ethiopian Birr in Sumokoin

For 30 days
Minimum 4.60914 SUMO
Maximum 5.154077 SUMO
Weighted Average 4.822937 SUMO
For 90 days
Minimum 3.172197 SUMO
Maximum 5.154077 SUMO
Weighted Average 4.340061 SUMO
For 365 days
Minimum 3.007353 SUMO
Maximum 5.154077 SUMO
Weighted Average 4.099843 SUMO

Change in the price of 2 ETB to SUMO in the last 30 days

For the last 30 days (05 13, 2024 — 06 11, 2024) price 2 Ethiopian Birr against Sumokoin changed by 11.47% (4.692824 SUMO — 5.231322 SUMO)

Change in the price of 2 ETB to SUMO in the last 90 days

For the last 90 days (03 14, 2024 — 06 11, 2024) the price of 2 Ethiopian Birr against Sumokoin changed by 61.04% (3.248415 SUMO — 5.231322 SUMO)

Change in the price of 2 ETB to SUMO in the last 365 days

For the last 365 days (07 13, 2023 — 06 11, 2024) the price of 2 Ethiopian Birr against Sumokoin changed by 71.17% (3.056207 SUMO — 5.231322 SUMO)

Change in the price of 2 ETB to SUMO for the entire time

For all the time our site has been running (04 10, 2020 — 06 11, 2024) the price of 2 Ethiopian Birr against Sumokoin changed by 776% (0.59718142 SUMO — 5.231322 SUMO)

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Price prediction 2 Ethiopian Birr in Sumokoin

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 2 Ethiopian Birr in Sumokoin for the next 30 days*

12/06 5.277274 SUMO ▲ 0.88 %
13/06 5.176131 SUMO ▼ -1.92 %
14/06 5.395798 SUMO ▲ 4.24 %
15/06 5.320317 SUMO ▼ -1.4 %
16/06 5.254509 SUMO ▼ -1.24 %
17/06 5.236221 SUMO ▼ -0.35 %
18/06 5.179113 SUMO ▼ -1.09 %
19/06 5.150089 SUMO ▼ -0.56 %
20/06 5.015028 SUMO ▼ -2.62 %
21/06 5.010021 SUMO ▼ -0.1 %
22/06 5.160332 SUMO ▲ 3 %
23/06 5.421246 SUMO ▲ 5.06 %
24/06 5.384141 SUMO ▼ -0.68 %
25/06 5.35921 SUMO ▼ -0.46 %
26/06 5.38338 SUMO ▲ 0.45 %
27/06 5.35975 SUMO ▼ -0.44 %
28/06 5.335416 SUMO ▼ -0.45 %
29/06 5.43027 SUMO ▲ 1.78 %
30/06 5.452747 SUMO ▲ 0.41 %
01/07 5.540321 SUMO ▲ 1.61 %
02/07 5.563196 SUMO ▲ 0.41 %
03/07 5.515742 SUMO ▼ -0.85 %
04/07 5.710556 SUMO ▲ 3.53 %
05/07 5.756666 SUMO ▲ 0.81 %
06/07 5.691288 SUMO ▼ -1.14 %
07/07 5.731812 SUMO ▲ 0.71 %
08/07 5.635243 SUMO ▼ -1.68 %
09/07 5.698603 SUMO ▲ 1.12 %
10/07 5.809701 SUMO ▲ 1.95 %
11/07 5.807448 SUMO ▼ -0.04 %

* — The prediction of the price of 2 Ethiopian Birr in Sumokoin is made by our specialists based on statistical data, global trends and major business news. Price prediction of 2 Ethiopian Birr in Sumokoin for 30 days, 3 months and a year are made by different experts and may have slight differences.

Prediction of 2 Ethiopian Birr in Sumokoin for the next 3 months*

17/06 — 23/06 5.290594 SUMO ▲ 1.13 %
24/06 — 30/06 5.219052 SUMO ▼ -1.35 %
01/07 — 07/07 6.075146 SUMO ▲ 16.4 %
08/07 — 14/07 6.315224 SUMO ▲ 3.95 %
15/07 — 21/07 6.632428 SUMO ▲ 5.02 %
22/07 — 28/07 6.306783 SUMO ▼ -4.91 %
29/07 — 04/08 6.70048 SUMO ▲ 6.24 %
05/08 — 11/08 6.509288 SUMO ▼ -2.85 %
12/08 — 18/08 6.797656 SUMO ▲ 4.43 %
19/08 — 25/08 6.921586 SUMO ▲ 1.82 %
26/08 — 01/09 7.446781 SUMO ▲ 7.59 %
02/09 — 08/09 7.444213 SUMO ▼ -0.03 %

Prediction of 2 Ethiopian Birr in Sumokoin for the next year*

07/2024 5.193084 SUMO ▼ -0.73 %
08/2024 5.865876 SUMO ▲ 12.96 %
09/2024 8.270258 SUMO ▲ 40.99 %
10/2024 8.003789 SUMO ▼ -3.22 %
11/2024 7.80454 SUMO ▼ -2.49 %
12/2024 6.753759 SUMO ▼ -13.46 %
01/2025 7.877884 SUMO ▲ 16.64 %
02/2025 6.621952 SUMO ▼ -15.94 %
03/2025 6.351937 SUMO ▼ -4.08 %
04/2025 8.590652 SUMO ▲ 35.24 %
05/2025 8.949971 SUMO ▲ 4.18 %
06/2025 9.340946 SUMO ▲ 4.37 %

FAQ

What is the price 2 ETB in SUMO today, 06 11, 2024?

As of today, the price of 2 Ethiopian Birr to Sumokoin is - 5.231322 SUMO

What will be the price 2 ETB in SUMO tomorrow 2024.06.12?

For tomorrow 2 Ethiopian Birr to Sumokoin exchange rate - 5 sumo

What will be the price 2 ETB in SUMO in the next month?

Our analysts have made a detailed prediction price 2 Ethiopian Birr to Sumokoin 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 2 ETB in SUMO in the next 3 months?

Our analysts have made a detailed prediction price 2 Ethiopian Birr to Sumokoin 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 2 ETB in SUMO in the coming year?

Our analysts have made a detailed prediction price 2 Ethiopian Birr to Sumokoin 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