Convert Ethiopian Birr to Euro
Please provide values below to convert Ethiopian Birr [ETB] to Euro [EUR], or Convert Euro to Ethiopian Birr.
How to Convert Ethiopian Birr to Euro
1 ETB = 160.240647355459 EUR
Example: convert 15 ETB to EUR:
15 ETB = 15 × 160.240647355459 EUR = 2403.60971033189 EUR
Ethiopian Birr to Euro 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.
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.