Pound Sterling to Ethiopian Birr — exchange rate

Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey

Currency Code, Symbol: GBP, £

Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2

Denominations of banknotes in circulation: £1, £5, £10, £20, £50, £100

History: The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.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