Currency.Wiki

1 Ethiopian Birr to United Arab Emirates Dirham

Updated 9 minutes ago
Convert 1 ETB:AED
 ETB =
    AED
 Ethiopian Birr =  UAE Dirhams
Trending: Br exchange rates for the last 24 hours
  • ETB/USD 0.017458 -0.00027329
  • ETB/EUR 0.016047 -0.00039558
  • ETB/JPY 2.717265 0.05497651
  • ETB/GBP 0.013741 -0.00031949
  • ETB/CHF 0.015870 0.00025302
  • ETB/MXN 0.289955 -0.01232673
  • ETB/INR 1.454269 -0.01768571
  • ETB/BRL 0.089118 0.00102286
  • ETB/CNY 0.126110 -0.00010790

ETB/AED exchange rate analysis over the past 90 days

Ethiopian Birr to United Arab Emirates Dirham exchange rate: Over the last 90 days, the Ethiopian Birr weakened by -1.56% against the United Arab Emirates Dirham, declining from AED0.0651 to AED0.0641 per Ethiopian Birr. This trend reflects the evolving economic dynamics between the Ethiopia and the United Arab Emirates. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Ethiopia and United Arab Emirates.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Ethiopia and United Arab Emirates.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Ethiopia or United Arab Emirates.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Ethiopia relative to the United Arab Emirates.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

etb/aed Historical Chart

Br
Ethiopian Birr Currency

Country: Ethiopia

Symbol: Br

ISO Code: ETB

Bank: National Bank of Ethiopia

Interesting fact about Ethiopian Birr

The Ethiopian Birr (ETB) is the official currency of Ethiopia. It has a long history, dating back to the early 20th century. The Birr has been significant in Ethiopia as it reflects the country's economic stability and independence. It plays a crucial role in everyday transactions, commerce, and the overall economy of Ethiopia.

AED
United Arab Emirates Dirham Currency

Country: United Arab Emirates

Symbol: AED

ISO Code: AED

Bank: Central Bank of the United Arab Emirates

Interesting fact about United Arab Emirates Dirham

The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates. It was introduced in 1971, replacing the Bahraini Dinar and Qatari and Dubai Riyal at par. The AED is significant in the UAE as it is widely accepted and used for all transactions, contributing to the country's stable economy and international trade.

Quick Conversion Guide

Frequently Asked Questions

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The Ethiopian Birr to United Arab Emirates Dirham exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 ETB to AED is AED0.06.
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Yes, our site provides historical charts that show the trends and fluctuations in the Ethiopian Birr to United Arab Emirates Dirham exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.