Convert Swiss Franc to Ethiopian Birr
Please provide values below to convert Swiss Franc [CHF] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Swiss Franc.
How to Convert Swiss Franc to Ethiopian Birr
1 CHF = 0.00581759579382481 ETB
Example: convert 15 CHF to ETB:
15 CHF = 15 × 0.00581759579382481 ETB = 0.0872639369073722 ETB
Swiss Franc to Ethiopian Birr Conversion Table
| Swiss Franc | Ethiopian Birr |
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.