Convert Ethiopian Birr to South Korean Won
Please provide values below to convert Ethiopian Birr [ETB] to South Korean Won [KRW], or Convert South Korean Won to Ethiopian Birr.
How to Convert Ethiopian Birr to South Korean Won
1 ETB = 0.0988283279732718 KRW
Example: convert 15 ETB to KRW:
15 ETB = 15 × 0.0988283279732718 KRW = 1.48242491959908 KRW
Ethiopian Birr to South Korean Won Conversion Table
| Ethiopian Birr | South Korean Won |
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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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.