Convert Kazakhstani Tenge to Ethiopian Birr
Please provide values below to convert Kazakhstani Tenge [KZT] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Kazakhstani Tenge.
How to Convert Kazakhstani Tenge to Ethiopian Birr
1 KZT = 3.91334277927241 ETB
Example: convert 15 KZT to ETB:
15 KZT = 15 × 3.91334277927241 ETB = 58.7001416890861 ETB
Kazakhstani Tenge to Ethiopian Birr Conversion Table
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Kazakhstani Tenge
The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 following Kazakhstan's independence from the Soviet Union, the Tenge replaced the Soviet ruble and has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Tenge is actively used in Kazakhstan for everyday transactions, banking, and trade, and is managed by the National Bank of Kazakhstan. It features modern security features and is available in both cash and digital forms.
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.