Convert Ethiopian Birr to Saudi Riyal
Please provide values below to convert Ethiopian Birr [ETB] to Saudi Riyal [SAR], or Convert Saudi Riyal to Ethiopian Birr.
How to Convert Ethiopian Birr to Saudi Riyal
1 ETB = 36.4365866666667 SAR
Example: convert 15 ETB to SAR:
15 ETB = 15 × 36.4365866666667 SAR = 546.5488 SAR
Ethiopian Birr to Saudi Riyal Conversion Table
| Ethiopian Birr | Saudi Riyal |
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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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.