Currency.Wiki

1 Ethiopian Birr to Dominican Peso

Updated 7 minutes ago
Convert 1 ETB:DOP
 ETB =
    DOP
 Ethiopian Birr =  Dominican Pesos
Trending: Br exchange rates for the last 24 hours
  • ETB/USD 0.017458 -0.00027329
  • ETB/EUR 0.016047 -0.00039558
  • ETB/JPY 2.717790 0.05550144
  • 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 0.089117 0.00102112
  • ETB/CNY 0.126103 -0.00011489

ETB/DOP exchange rate analysis over the past 90 days

Ethiopian Birr to Dominican Peso exchange rate: Over the last 90 days, the Ethiopian Birr weakened by -2.18% against the Dominican Peso, declining from RD$1.0395 to RD$1.0173 per Ethiopian Birr. This trend reflects the evolving economic dynamics between the Ethiopia and the Dominican Republic. Factors contributing to this weakening may include:

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

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

etb/dop 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.

RD$
Dominican Peso Currency

Country: Dominican Republic

Symbol: RD$

ISO Code: DOP

Bank: Central Bank of the Dominican Republic

Interesting fact about Dominican Peso

The Dominican Peso (DOP) is the official currency of the Dominican Republic. It has been in circulation since 1844 when the country gained independence. The DOP is important for trade, tourism, and daily financial transactions within the country. It is regulated by the Central Bank of the Dominican Republic and has a stable exchange rate against the US Dollar.

Quick Conversion Guide

Frequently Asked Questions

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The Ethiopian Birr to Dominican 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 DOP is RD$1.02.
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Yes, our site provides historical charts that show the trends and fluctuations in the Ethiopian Birr to Dominican 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.