Convert Ethiopian Birr to Iranian Rial
Please provide values below to convert Ethiopian Birr [ETB] to Iranian Rial [IRR], or Convert Iranian Rial to Ethiopian Birr.
How to Convert Ethiopian Birr to Iranian Rial
1 ETB = 0.00321971389781578 IRR
Example: convert 15 ETB to IRR:
15 ETB = 15 × 0.00321971389781578 IRR = 0.0482957084672366 IRR
Ethiopian Birr to Iranian Rial Conversion Table
Ethiopian Birr | Iranian Rial |
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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.
Iranian Rial
The Iranian Rial (IRR) is the official currency of Iran, used for everyday transactions and pricing within the country.
History/Origin
The Iranian Rial was introduced in 1932, replacing the Iranian Toman. It has undergone several redenominations and inflation periods, with the current form established in 2002 to address hyperinflation.
Current Use
Today, the IRR is the primary currency used in Iran for all financial transactions, though the currency experiences high inflation and is often used alongside other forms of payment such as digital currencies and foreign currencies in certain contexts.