Euro to Ethiopian Birr — exchange rate

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

Country of Circulation: Ethiopia

Currency Code, Symbol: ETB, Br

Denominations of coins in circulation: 1, 5, 10, 25, 50 santim; 1 birr

Denominations of banknotes in circulation: 1, 5, 10, 50, 100, 200 birr

History: The Ethiopian birr (Br) is a currency issued and accepted for payment on the territory of Ethiopia. ETB is used as a short term for currency operations and on the international level. The Ethiopian birr can be subdivided into smaller coins – cents.Every ETB has 100 cents. The currency has been issued since 1976, replacing the Ethiopian dollar. The banknotes’ design embodies the character and uniqueness of the country. You can see portraits of local people, traditional farm animals, coffee plantations and people working in fields with oxen.Read More