Convert Romanian Leu to Ethiopian Birr
Please provide values below to convert Romanian Leu [RON] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Romanian Leu.
How to Convert Romanian Leu to Ethiopian Birr
1 RON = 0.0317161065946902 ETB
Example: convert 15 RON to ETB:
15 RON = 15 × 0.0317161065946902 ETB = 0.475741598920353 ETB
Romanian Leu to Ethiopian Birr Conversion Table
| Romanian Leu | Ethiopian Birr |
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Romanian Leu
The Romanian Leu (RON) is the official currency of Romania, used for all monetary transactions within the country.
History/Origin
The Leu was first introduced in 1867, replaced by the Romanian Leu in 1952 after a currency reform, and has undergone several redenominations, with the current form established in 2005 to stabilize the economy.
Current Use
The RON is actively used as Romania's primary currency for everyday transactions, banking, and international trade, with coins and banknotes issued by the National Bank of Romania.
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.