Currency exchange rate Melon against the Ethiopian Birr. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Melon currency exchange rate against the Ethiopian Birr currency:
currency exchange rate history, background information, prediction and more about MLN/ETB
Chart of History of changes in the MLN/ETB exchange rate
MLN/ETB exchange rate on today
06 01, 2024
1 MLN = 1,233 ETB
▼ -0.45 %
This page provides information about the currency pair Melon/Ethiopian Birr, and more precisely about how much 1 Melon costs in Ethiopian Birr.
Data on the currency pair MLN/ETB 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 MLN/ETB 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 Melon/Ethiopian Birr, 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 MLN/ETB exchange rate over the past 30 days
For the last 30 days (05 03, 2024 — 06 01, 2024) the Melon exchange rate against the Ethiopian Birr currency changed by 3.02% (1,197 ETB — 1,233 ETB)
Change in the MLN/ETB exchange rate over the past 90 days
For the last 90 days (03 04, 2024 — 06 01, 2024) the Melon exchange rate against the Ethiopian Birr currency changed by 2.59% (1,202 ETB — 1,233 ETB)
Change in the MLN/ETB exchange rate over the past 365 days
For the last 365 days (06 03, 2023 — 06 01, 2024) the Melon exchange rate against the Ethiopian Birr currency changed by 22.2% (1,009 ETB — 1,233 ETB)
Change in the MLN/ETB exchange rate for all time
For all the time our site has been running (04 10, 2020 — 06 01, 2024) the Melon exchange rate against the Ethiopian Birr currency changed by 1211.07% (94.04 ETB — 1,233 ETB)
Melon/Ethiopian Birr price prediction
Melon/Ethiopian Birr price prediction for the next 30 days*
02/06 | 1,290 ETB | ▲ 4.64 % |
03/06 | 1,330 ETB | ▲ 3.13 % |
04/06 | 1,345 ETB | ▲ 1.07 % |
05/06 | 1,394 ETB | ▲ 3.66 % |
06/06 | 1,388 ETB | ▼ -0.46 % |
07/06 | 1,331 ETB | ▼ -4.07 % |
08/06 | 1,320 ETB | ▼ -0.8 % |
09/06 | 1,333 ETB | ▲ 0.93 % |
10/06 | 1,320 ETB | ▼ -0.97 % |
11/06 | 1,270 ETB | ▼ -3.75 % |
12/06 | 1,245 ETB | ▼ -2.02 % |
13/06 | 1,224 ETB | ▼ -1.66 % |
14/06 | 1,232 ETB | ▲ 0.68 % |
15/06 | 1,278 ETB | ▲ 3.73 % |
16/06 | 1,341 ETB | ▲ 4.9 % |
17/06 | 1,317 ETB | ▼ -1.79 % |
18/06 | 1,216 ETB | ▼ -7.64 % |
19/06 | 1,239 ETB | ▲ 1.9 % |
20/06 | 1,266 ETB | ▲ 2.17 % |
21/06 | 1,283 ETB | ▲ 1.29 % |
22/06 | 1,241 ETB | ▼ -3.24 % |
23/06 | 1,216 ETB | ▼ -2 % |
24/06 | 1,240 ETB | ▲ 1.93 % |
25/06 | 1,264 ETB | ▲ 1.96 % |
26/06 | 1,276 ETB | ▲ 0.94 % |
27/06 | 1,248 ETB | ▼ -2.2 % |
28/06 | 1,238 ETB | ▼ -0.81 % |
29/06 | 1,249 ETB | ▲ 0.89 % |
30/06 | 1,255 ETB | ▲ 0.5 % |
01/07 | 1,264 ETB | ▲ 0.76 % |
* — Price prediction of the Melon/Ethiopian Birr 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.
Melon/Ethiopian Birr price prediction for the next 3 months*
03/06 — 09/06 | 1,239 ETB | ▲ 0.49 % |
10/06 — 16/06 | 1,404 ETB | ▲ 13.36 % |
17/06 — 23/06 | 1,448 ETB | ▲ 3.07 % |
24/06 — 30/06 | 1,421 ETB | ▼ -1.86 % |
01/07 — 07/07 | 1,200 ETB | ▼ -15.55 % |
08/07 — 14/07 | 1,332 ETB | ▲ 11.02 % |
15/07 — 21/07 | 1,187 ETB | ▼ -10.85 % |
22/07 — 28/07 | 1,321 ETB | ▲ 11.21 % |
29/07 — 04/08 | 1,210 ETB | ▼ -8.34 % |
05/08 — 11/08 | 1,224 ETB | ▲ 1.09 % |
12/08 — 18/08 | 1,265 ETB | ▲ 3.36 % |
19/08 — 25/08 | 1,266 ETB | ▲ 0.13 % |
Melon/Ethiopian Birr price prediction for the next year*
07/2024 | 1,230 ETB | ▼ -0.22 % |
07/2024 | 1,444 ETB | ▲ 17.42 % |
08/2024 | 1,018 ETB | ▼ -29.53 % |
09/2024 | 1,075 ETB | ▲ 5.65 % |
10/2024 | 1,127 ETB | ▲ 4.78 % |
11/2024 | 1,042 ETB | ▼ -7.53 % |
12/2024 | 1,395 ETB | ▲ 33.88 % |
01/2025 | 1,105 ETB | ▼ -20.75 % |
02/2025 | 1,305 ETB | ▲ 18.09 % |
03/2025 | 1,717 ETB | ▲ 31.51 % |
04/2025 | 1,419 ETB | ▼ -17.37 % |
05/2025 | 1,539 ETB | ▲ 8.45 % |
Melon/Ethiopian Birr exchange rate statistics
For 30 days | |
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Minimum | 1,126 ETB |
Maximum | 1,380 ETB |
Weighted Average | 1,226 ETB |
For 90 days | |
Minimum | 1,108 ETB |
Maximum | 1,846 ETB |
Weighted Average | 1,310 ETB |
For 365 days | |
Minimum | 720.3 ETB |
Maximum | 1,846 ETB |
Weighted Average | 1,032 ETB |
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