Currency exchange rate Gold 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 Gold currency exchange rate against the Ethiopian Birr currency:
currency exchange rate history, background information, prediction and more about XAU/ETB
Chart of History of changes in the XAU/ETB exchange rate
XAU/ETB exchange rate on today
05 03, 2024
1 XAU = 122,608 ETB
▼ -1.34 %
This page provides information about the currency pair Gold/Ethiopian Birr, and more precisely about how much 1 Gold costs in Ethiopian Birr.
Data on the currency pair XAU/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 XAU/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 Gold/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 XAU/ETB exchange rate over the past 30 days
For the last 30 days (04 04, 2024 — 05 03, 2024) the Gold exchange rate against the Ethiopian Birr currency changed by 2.15% (120,021 ETB — 122,608 ETB)
Change in the XAU/ETB exchange rate over the past 90 days
For the last 90 days (02 04, 2024 — 05 03, 2024) the Gold exchange rate against the Ethiopian Birr currency changed by 13.99% (107,563 ETB — 122,608 ETB)
Change in the XAU/ETB exchange rate over the past 365 days
For the last 365 days (05 05, 2023 — 05 03, 2024) the Gold exchange rate against the Ethiopian Birr currency changed by 20.76% (101,527 ETB — 122,608 ETB)
Change in the XAU/ETB exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 03, 2024) the Gold exchange rate against the Ethiopian Birr currency changed by 2197196.55% (5.58 ETB — 122,608 ETB)
Gold/Ethiopian Birr price prediction
Gold/Ethiopian Birr price prediction for the next 30 days*
04/05 | 122,162 ETB | ▼ -0.36 % |
05/05 | 122,753 ETB | ▲ 0.48 % |
06/05 | 123,435 ETB | ▲ 0.56 % |
07/05 | 123,657 ETB | ▲ 0.18 % |
08/05 | 124,364 ETB | ▲ 0.57 % |
09/05 | 124,967 ETB | ▲ 0.49 % |
10/05 | 126,098 ETB | ▲ 0.9 % |
11/05 | 127,741 ETB | ▲ 1.3 % |
12/05 | 128,788 ETB | ▲ 0.82 % |
13/05 | 127,540 ETB | ▼ -0.97 % |
14/05 | 127,407 ETB | ▼ -0.1 % |
15/05 | 129,295 ETB | ▲ 1.48 % |
16/05 | 130,678 ETB | ▲ 1.07 % |
17/05 | 130,022 ETB | ▼ -0.5 % |
18/05 | 130,097 ETB | ▲ 0.06 % |
19/05 | 131,033 ETB | ▲ 0.72 % |
20/05 | 130,289 ETB | ▼ -0.57 % |
21/05 | 130,400 ETB | ▲ 0.09 % |
22/05 | 128,391 ETB | ▼ -1.54 % |
23/05 | 126,906 ETB | ▼ -1.16 % |
24/05 | 126,625 ETB | ▼ -0.22 % |
25/05 | 126,702 ETB | ▲ 0.06 % |
26/05 | 128,114 ETB | ▲ 1.11 % |
27/05 | 128,834 ETB | ▲ 0.56 % |
28/05 | 128,833 ETB | ▼ -0 % |
29/05 | 127,955 ETB | ▼ -0.68 % |
30/05 | 127,004 ETB | ▼ -0.74 % |
31/05 | 127,042 ETB | ▲ 0.03 % |
01/06 | 127,239 ETB | ▲ 0.16 % |
02/06 | 125,761 ETB | ▼ -1.16 % |
* — Price prediction of the Gold/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.
Gold/Ethiopian Birr price prediction for the next 3 months*
06/05 — 12/05 | 123,186 ETB | ▲ 0.47 % |
13/05 — 19/05 | 123,867 ETB | ▲ 0.55 % |
20/05 — 26/05 | 127,042 ETB | ▲ 2.56 % |
27/05 — 02/06 | 131,173 ETB | ▲ 3.25 % |
03/06 — 09/06 | 130,246 ETB | ▼ -0.71 % |
10/06 — 16/06 | 131,428 ETB | ▲ 0.91 % |
17/06 — 23/06 | 138,525 ETB | ▲ 5.4 % |
24/06 — 30/06 | 142,703 ETB | ▲ 3.02 % |
01/07 — 07/07 | 146,489 ETB | ▲ 2.65 % |
08/07 — 14/07 | 145,155 ETB | ▼ -0.91 % |
15/07 — 21/07 | 144,460 ETB | ▼ -0.48 % |
22/07 — 28/07 | 141,857 ETB | ▼ -1.8 % |
Gold/Ethiopian Birr price prediction for the next year*
06/2024 | 121,993 ETB | ▼ -0.5 % |
07/2024 | 123,928 ETB | ▲ 1.59 % |
08/2024 | 125,591 ETB | ▲ 1.34 % |
08/2024 | 124,154 ETB | ▼ -1.14 % |
09/2024 | 134,746 ETB | ▲ 8.53 % |
10/2024 | 136,375 ETB | ▲ 1.21 % |
11/2024 | 136,692 ETB | ▲ 0.23 % |
12/2024 | 137,777 ETB | ▲ 0.79 % |
01/2025 | 139,091 ETB | ▲ 0.95 % |
02/2025 | 152,212 ETB | ▲ 9.43 % |
03/2025 | 159,893 ETB | ▲ 5.05 % |
04/2025 | 158,124 ETB | ▼ -1.11 % |
Gold/Ethiopian Birr exchange rate statistics
For 30 days | |
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Minimum | 119,666 ETB |
Maximum | 128,104 ETB |
Weighted Average | 124,521 ETB |
For 90 days | |
Minimum | 105,261 ETB |
Maximum | 128,104 ETB |
Weighted Average | 115,050 ETB |
For 365 days | |
Minimum | 95,255 ETB |
Maximum | 128,104 ETB |
Weighted Average | 104,044 ETB |
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