Convert Ethiopian Birr to Swiss Franc
Please provide values below to convert Ethiopian Birr [ETB] to Swiss Franc [CHF], or Convert Swiss Franc to Ethiopian Birr.
How to Convert Ethiopian Birr to Swiss Franc
1 ETB = 171.892313498553 CHF
Example: convert 15 ETB to CHF:
15 ETB = 15 × 171.892313498553 CHF = 2578.3847024783 CHF
Ethiopian Birr to Swiss Franc Conversion Table
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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.
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.