INFORMATION ABOUT ETHIOPIAN BIRR
We show the updated today’s value/price of Ethiopian birr (ETB).You can get the exchange from Ethiopian birr to another currency by introducing the value or amount of Ethiopian birr (ETB) in the box and clicking the convert button. This way you can get the Ethiopian birr’s price in relation to other currencies.
INTRODUCTION TO THE ETHIOPIAN BIRR
The birr is the official currency of Ethiopia since 1976, although it was adopted in 1945 under that name but it was known as Ethiopian dollar. This is the currency that always had Ethiopia since the nineteenth century, except the period from 1936 to 1941, when the Italian lira was used because of the Italian occupation. The birr is used by approximately 92 million five hundred thousand people. You can check the today value of the Ethiopian birr and check its price.
The National Bank of Ethiopia is an organization created in 1963 as a commercial and central bank. Among its functions there are: to regulate the supply and availability of money and credit, manage the internal reserves, supervise banks, the reserves of commercial banks and the loans and interest rates of those institutions. It is also responsible for issuing bills and coins, to act as a Government agent and fix and control foreign exchange rate.
Countries that use the currency: Ethiopia.
Name: ETHIOPIAN BIRR
Bills: 1, 5, 10, 50, 100 Br.
Coins: santim = 1/100 of 1 Br. 1, 5, 10, 25, 50 santim. 1 Br
Issuing Agent: National Bank of Ethiopia Web: http://www.nbe.gov.et/