Currency exchange rate Ethiopian Birr against the Monetha. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Ethiopian Birr currency exchange rate against the Monetha currency:
currency exchange rate history, background information, prediction and more about ETB/MTH
Chart of History of changes in the ETB/MTH exchange rate
ETB/MTH exchange rate on today
04 28, 2024
1 ETB = 7.587344 MTH
▼ -3.32 %
This page provides information about the currency pair Ethiopian Birr/Monetha, and more precisely about how much 1 Ethiopian Birr costs in Monetha.
Data on the currency pair ETB/MTH 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 ETB/MTH 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 Ethiopian Birr/Monetha, 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 ETB/MTH exchange rate over the past 30 days
For the last 30 days (03 30, 2024 — 04 28, 2024) the Ethiopian Birr exchange rate against the Monetha currency changed by 17.54% (6.454918 MTH — 7.587344 MTH)
Change in the ETB/MTH exchange rate over the past 90 days
For the last 90 days (01 30, 2024 — 04 28, 2024) the Ethiopian Birr exchange rate against the Monetha currency changed by 21.5% (6.244977 MTH — 7.587344 MTH)
Change in the ETB/MTH exchange rate over the past 365 days
For the last 365 days (04 30, 2023 — 04 28, 2024) the Ethiopian Birr exchange rate against the Monetha currency changed by 110.14% (3.610667 MTH — 7.587344 MTH)
Change in the ETB/MTH exchange rate for all time
For all the time our site has been running (04 10, 2020 — 04 28, 2024) the Ethiopian Birr exchange rate against the Monetha currency changed by 40.87% (5.385872 MTH — 7.587344 MTH)
Ethiopian Birr/Monetha price prediction
Ethiopian Birr/Monetha price prediction for the next 30 days*
29/04 | 8.131733 MTH | ▲ 7.17 % |
30/04 | 7.514794 MTH | ▼ -7.59 % |
01/05 | 7.246682 MTH | ▼ -3.57 % |
02/05 | 7.60901 MTH | ▲ 5 % |
03/05 | 8.059157 MTH | ▲ 5.92 % |
04/05 | 7.721434 MTH | ▼ -4.19 % |
05/05 | 8.458639 MTH | ▲ 9.55 % |
06/05 | 8.734078 MTH | ▲ 3.26 % |
07/05 | 8.392613 MTH | ▼ -3.91 % |
08/05 | 9.115287 MTH | ▲ 8.61 % |
09/05 | 9.287126 MTH | ▲ 1.89 % |
10/05 | 9.437807 MTH | ▲ 1.62 % |
11/05 | 9.268333 MTH | ▼ -1.8 % |
12/05 | 9.336557 MTH | ▲ 0.74 % |
13/05 | 9.128494 MTH | ▼ -2.23 % |
14/05 | 9.538071 MTH | ▲ 4.49 % |
15/05 | 9.979786 MTH | ▲ 4.63 % |
16/05 | 9.533882 MTH | ▼ -4.47 % |
17/05 | 9.880899 MTH | ▲ 3.64 % |
18/05 | 9.626039 MTH | ▼ -2.58 % |
19/05 | 9.555745 MTH | ▼ -0.73 % |
20/05 | 8.860708 MTH | ▼ -7.27 % |
21/05 | 9.553641 MTH | ▲ 7.82 % |
22/05 | 9.515659 MTH | ▼ -0.4 % |
23/05 | 9.601847 MTH | ▲ 0.91 % |
24/05 | 9.714492 MTH | ▲ 1.17 % |
25/05 | 9.846423 MTH | ▲ 1.36 % |
26/05 | 9.929991 MTH | ▲ 0.85 % |
27/05 | 10.0472 MTH | ▲ 1.18 % |
28/05 | 10.1706 MTH | ▲ 1.23 % |
* — Price prediction of the Ethiopian Birr/Monetha 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.
Ethiopian Birr/Monetha price prediction for the next 3 months*
29/04 — 05/05 | 7.70843 MTH | ▲ 1.6 % |
06/05 — 12/05 | 6.017263 MTH | ▼ -21.94 % |
13/05 — 19/05 | 4.797437 MTH | ▼ -20.27 % |
20/05 — 26/05 | 4.064629 MTH | ▼ -15.27 % |
27/05 — 02/06 | 4.760482 MTH | ▲ 17.12 % |
03/06 — 09/06 | 5.334895 MTH | ▲ 12.07 % |
10/06 — 16/06 | 6.183055 MTH | ▲ 15.9 % |
17/06 — 23/06 | 5.654504 MTH | ▼ -8.55 % |
24/06 — 30/06 | 6.690467 MTH | ▲ 18.32 % |
01/07 — 07/07 | 7.459542 MTH | ▲ 11.5 % |
08/07 — 14/07 | 7.134355 MTH | ▼ -4.36 % |
15/07 — 21/07 | 7.622312 MTH | ▲ 6.84 % |
Ethiopian Birr/Monetha price prediction for the next year*
05/2024 | 7.689835 MTH | ▲ 1.35 % |
06/2024 | 12.1376 MTH | ▲ 57.84 % |
07/2024 | 8.802606 MTH | ▼ -27.48 % |
08/2024 | 8.728262 MTH | ▼ -0.84 % |
09/2024 | 11.3255 MTH | ▲ 29.76 % |
10/2024 | 6.68438 MTH | ▼ -40.98 % |
11/2024 | 7.172121 MTH | ▲ 7.3 % |
12/2024 | 10.4847 MTH | ▲ 46.19 % |
01/2025 | 20.9056 MTH | ▲ 99.39 % |
02/2025 | 10.6673 MTH | ▼ -48.97 % |
03/2025 | 13.5679 MTH | ▲ 27.19 % |
04/2025 | 17.3054 MTH | ▲ 27.55 % |
Ethiopian Birr/Monetha exchange rate statistics
For 30 days | |
---|---|
Minimum | 6.564357 MTH |
Maximum | 7.739174 MTH |
Weighted Average | 7.057592 MTH |
For 90 days | |
Minimum | 3.889061 MTH |
Maximum | 7.739174 MTH |
Weighted Average | 6.406361 MTH |
For 365 days | |
Minimum | 2.159799 MTH |
Maximum | 7.739174 MTH |
Weighted Average | 4.214918 MTH |
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