Convert Malaysian Ringgit to Ethiopian Birr
Please provide values below to convert Malaysian Ringgit [MYR] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Ethiopian Birr
1 MYR = 0.0309681404478429 ETB
Example: convert 15 MYR to ETB:
15 MYR = 15 × 0.0309681404478429 ETB = 0.464522106717643 ETB
Malaysian Ringgit to Ethiopian Birr Conversion Table
| Malaysian Ringgit | Ethiopian Birr |
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
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.