Currency exchange rate Ethiopian Birr against the Monetha. Chart, history price and prediction on tomorrow, next month, 2023 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

03 28, 2024
1 ETB = 6.455271 MTH
▼ -2.02 %

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:

  1. 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.

  2. 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.

  3. 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.

  4. 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 (02 28, 2024 — 03 28, 2024) the Ethiopian Birr exchange rate against the Monetha currency changed by 32.93% (4.855966 MTH — 6.455271 MTH)

Change in the ETB/MTH exchange rate over the past 90 days

For the last 90 days (12 30, 2023 — 03 28, 2024) the Ethiopian Birr exchange rate against the Monetha currency changed by 82.76% (3.53219 MTH — 6.455271 MTH)

Change in the ETB/MTH exchange rate over the past 365 days

For the last 365 days (03 30, 2023 — 03 28, 2024) the Ethiopian Birr exchange rate against the Monetha currency changed by 120.84% (2.923112 MTH — 6.455271 MTH)

Change in the ETB/MTH exchange rate for all time

For all the time our site has been running (04 10, 2020 — 03 28, 2024) the Ethiopian Birr exchange rate against the Monetha currency changed by 19.86% (5.385872 MTH — 6.455271 MTH)

Ethiopian Birr/Monetha price prediction

Ethiopian Birr/Monetha price prediction for the next 30 days*

29/03 6.091693 MTH ▼ -5.63 %
30/03 5.761498 MTH ▼ -5.42 %
31/03 5.693211 MTH ▼ -1.19 %
01/04 5.45434 MTH ▼ -4.2 %
02/04 5.693016 MTH ▲ 4.38 %
03/04 5.661055 MTH ▼ -0.56 %
04/04 5.985561 MTH ▲ 5.73 %
05/04 5.753387 MTH ▼ -3.88 %
06/04 5.813267 MTH ▲ 1.04 %
07/04 4.789151 MTH ▼ -17.62 %
08/04 4.238341 MTH ▼ -11.5 %
09/04 5.442873 MTH ▲ 28.42 %
10/04 6.170908 MTH ▲ 13.38 %
11/04 9.106269 MTH ▲ 47.57 %
12/04 8.424355 MTH ▼ -7.49 %
13/04 8.968852 MTH ▲ 6.46 %
14/04 7.140613 MTH ▼ -20.38 %
15/04 9.270929 MTH ▲ 29.83 %
16/04 9.124937 MTH ▼ -1.57 %
17/04 6.92672 MTH ▼ -24.09 %
18/04 7.785756 MTH ▲ 12.4 %
19/04 8.118155 MTH ▲ 4.27 %
20/04 8.494385 MTH ▲ 4.63 %
21/04 7.195382 MTH ▼ -15.29 %
22/04 7.781769 MTH ▲ 8.15 %
23/04 9.301134 MTH ▲ 19.52 %
24/04 8.822999 MTH ▼ -5.14 %
25/04 8.722043 MTH ▼ -1.14 %
26/04 8.912315 MTH ▲ 2.18 %
27/04 9.052466 MTH ▲ 1.57 %

* — 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*

01/04 — 07/04 6.147865 MTH ▼ -4.76 %
08/04 — 14/04 8.755212 MTH ▲ 42.41 %
15/04 — 21/04 11.5897 MTH ▲ 32.38 %
22/04 — 28/04 15.403 MTH ▲ 32.9 %
29/04 — 05/05 16.8178 MTH ▲ 9.19 %
06/05 — 12/05 12.6478 MTH ▼ -24.79 %
13/05 — 19/05 10.4809 MTH ▼ -17.13 %
20/05 — 26/05 7.986132 MTH ▼ -23.8 %
27/05 — 02/06 9.201531 MTH ▲ 15.22 %
03/06 — 09/06 10.7693 MTH ▲ 17.04 %
10/06 — 16/06 12.8205 MTH ▲ 19.05 %
17/06 — 23/06 13.09 MTH ▲ 2.1 %

Ethiopian Birr/Monetha price prediction for the next year*

04/2024 6.806425 MTH ▲ 5.44 %
05/2024 7.352791 MTH ▲ 8.03 %
06/2024 11.1896 MTH ▲ 52.18 %
07/2024 9.146305 MTH ▼ -18.26 %
08/2024 9.036176 MTH ▼ -1.2 %
09/2024 10.8992 MTH ▲ 20.62 %
10/2024 5.180872 MTH ▼ -52.47 %
11/2024 5.598688 MTH ▲ 8.06 %
12/2024 8.127691 MTH ▲ 45.17 %
01/2025 15.0076 MTH ▲ 84.65 %
02/2025 7.699136 MTH ▼ -48.7 %
03/2025 12.7189 MTH ▲ 65.2 %

Ethiopian Birr/Monetha exchange rate statistics

For 30 days
Minimum 3.889061 MTH
Maximum 6.810719 MTH
Weighted Average 5.509599 MTH
For 90 days
Minimum 3.243588 MTH
Maximum 7.293484 MTH
Weighted Average 5.303735 MTH
For 365 days
Minimum 2.159799 MTH
Maximum 7.293484 MTH
Weighted Average 3.746901 MTH

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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