Convert Hong Kong Dollar to Ethiopian Birr
Please provide values below to convert Hong Kong Dollar [HKD] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Hong Kong Dollar.
How to Convert Hong Kong Dollar to Ethiopian Birr
1 HKD = 0.0574499477448308 ETB
Example: convert 15 HKD to ETB:
15 HKD = 15 × 0.0574499477448308 ETB = 0.861749216172463 ETB
Hong Kong Dollar to Ethiopian Birr Conversion Table
| Hong Kong Dollar | Ethiopian Birr |
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Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.
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.