Convert South Korean Won to Ethiopian Birr
Please provide values below to convert South Korean Won [KRW] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to South Korean Won.
How to Convert South Korean Won to Ethiopian Birr
1 KRW = 10.1185562936009 ETB
Example: convert 15 KRW to ETB:
15 KRW = 15 × 10.1185562936009 ETB = 151.778344404013 ETB
South Korean Won to Ethiopian Birr Conversion Table
South Korean Won | Ethiopian Birr |
---|
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.
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.