Currency.Wiki

1 Ethiopian Birr to Euro

Updated 8 minutes ago
Convert 1 ETB:EUR
 ETB =
    EUR
 Ethiopian Birr =  Euros
Trending: Br exchange rates for the last 24 hours
  • ETB/USD 0.017481 -0.00021813
  • ETB/EUR 0.016310 -0.00008014
  • ETB/JPY 2.714298 0.08819151
  • ETB/GBP 0.013945 -0.00006488
  • ETB/CHF 0.016018 0.00066979
  • ETB/MXN 0.296877 -0.00633570
  • ETB/INR 1.458031 -0.01101281
  • ETB/BRL 0.090829 0.00288257
  • ETB/CNY 0.126578 -0.00071217

ETB/EUR exchange rate analysis over the past 90 days

Ethiopian Birr to Euro exchange rate: Over the last 90 days, the Ethiopian Birr weakened by -0.49% against the Euro, declining from €0.0164 to €0.0163 per Ethiopian Birr. This trend reflects the evolving economic dynamics between the Ethiopia and the European Union. Factors contributing to this weakening may include:

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

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

etb/eur 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.

Euro Currency

Country: European Union

Symbol:

ISO Code: EUR

Bank: European Central Bank

Interesting fact about Euro

The Euro (EUR) is the official currency of the European Union (EU). It was introduced in 1999 as an electronic currency and became physical in 2002. The Euro is used by 19 of the 27 EU member states, promoting economic integration, trade, and stability within the Eurozone. It is an important symbol of European unity and facilitates cross-border transactions, making it a key currency globally.

Quick Conversion Guide

Frequently Asked Questions

+
The Ethiopian Birr to Euro exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
+
Today conversion rate from 1 ETB to EUR is €0.02.
+
Yes, our site provides historical charts that show the trends and fluctuations in the Ethiopian Birr to Euro exchange rate over different time periods.
+
While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
+
The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.