Currency.Wiki

1 Ethiopian Birr to Colombian Peso

Updated 5 minutes ago
Convert 1 ETB:COP
 ETB =
    COP
 Ethiopian Birr =  Colombian Pesos
Trending: Br exchange rates for the last 24 hours
  • ETB/USD 0.017458 -0.00018699
  • ETB/EUR 0.016047 -0.00032844
  • ETB/JPY 2.717790 0.06621440
  • ETB/GBP 0.013741 -0.00027673
  • ETB/CHF 0.015870 0.00029017
  • ETB/MXN 0.289955 -0.01085190
  • ETB/INR 1.454269 -0.01063789
  • ETB/BRL 0.089117 0.00163577
  • ETB/CNY 0.126103 -0.00090957

ETB/COP exchange rate analysis over the past 90 days

Ethiopian Birr to Colombian Peso exchange rate: Over the last 90 days, the Ethiopian Birr weakened by -3.78% against the Colombian Peso, declining from CO$68.9776 to CO$66.4659 per Ethiopian Birr. This trend reflects the evolving economic dynamics between the Ethiopia and the Colombia. Factors contributing to this weakening may include:

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

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

etb/cop 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.

CO$
Colombian Peso Currency

Country: Colombia

Symbol: CO$

ISO Code: COP

Bank: Banco de la Repablica

Interesting fact about Colombian Peso

The Colombian Peso (COP) is the official currency of Colombia. It was introduced in 1837 and has been the country's currency ever since. The COP has played a crucial role in Colombia's economy, facilitating trade and financial transactions within the country. It reflects the economic stability and growth of Colombia and is widely accepted in both the formal and informal sectors of the economy.

Quick Conversion Guide

Frequently Asked Questions

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The Ethiopian Birr to Colombian Peso 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 COP is CO$66.47.
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Yes, our site provides historical charts that show the trends and fluctuations in the Ethiopian Birr to Colombian Peso 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.