Convert British Pound Sterling to Ethiopian Birr
Please provide values below to convert British Pound Sterling [GBP] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to British Pound Sterling.
How to Convert British Pound Sterling to Ethiopian Birr
1 GBP = 0.00541726557628523 ETB
Example: convert 15 GBP to ETB:
15 GBP = 15 × 0.00541726557628523 ETB = 0.0812589836442784 ETB
British Pound Sterling to Ethiopian Birr Conversion Table
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British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.
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.