Convert Ethiopian Birr to Australian Dollar
Please provide values below to convert Ethiopian Birr [ETB] to Australian Dollar [AUD], or Convert Australian Dollar to Ethiopian Birr.
How to Convert Ethiopian Birr to Australian Dollar
1 ETB = 89.3520795187026 AUD
Example: convert 15 ETB to AUD:
15 ETB = 15 × 89.3520795187026 AUD = 1340.28119278054 AUD
Ethiopian Birr to Australian Dollar Conversion Table
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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.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.