Convert Euro to Ethiopian Birr
Please provide values below to convert Euro [EUR] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Euro.
How to Convert Euro to Ethiopian Birr
1 EUR = 0.00624061382990869 ETB
Example: convert 15 EUR to ETB:
15 EUR = 15 × 0.00624061382990869 ETB = 0.0936092074486304 ETB
Euro to Ethiopian Birr Conversion Table
| Euro | Ethiopian Birr |
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Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.
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.