Convert Ethiopian Birr to Thai Baht
Please provide values below to convert Ethiopian Birr [ETB] to Thai Baht [THB], or Convert Thai Baht to Ethiopian Birr.
How to Convert Ethiopian Birr to Thai Baht
1 ETB = 4.24173149637098 THB
Example: convert 15 ETB to THB:
15 ETB = 15 × 4.24173149637098 THB = 63.6259724455648 THB
Ethiopian Birr to Thai Baht 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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.