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1 Ethiopian Birr to Indian Rupee

Updated 2 minutes ago
Convert 1 ETB:INR
 ETB =
    INR
 Ethiopian Birr =  Indian Rupees
Trending: Br exchange rates for the last 24 hours
  • ETB/USD 0.017493 -0.00015241
  • ETB/EUR 0.016089 -0.00028626
  • ETB/JPY 2.723768 0.07219260
  • ETB/GBP 0.013770 -0.00024740
  • ETB/CHF 0.015899 0.00031980
  • ETB/MXN 0.290442 -0.01036453
  • ETB/INR 1.457122 -0.00778576
  • ETB/BRL 0.089292 0.00181124
  • ETB/CNY 0.124046 -0.00296706

ETB/INR exchange rate analysis over the past 90 days

Ethiopian Birr to Indian Rupee exchange rate: Over the last 90 days, the Ethiopian Birr weakened by -0.53% against the Indian Rupee, declining from Rs1.4649 to Rs1.4571 per Ethiopian Birr. This trend reflects the evolving economic dynamics between the Ethiopia and the India. Factors contributing to this weakening may include:

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

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

etb/inr 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.

Rs
Indian Rupee Currency

Country: India

Symbol: Rs

ISO Code: INR

Bank: Reserve Bank of India

Interesting fact about Indian Rupee

The Indian Rupee (INR) is the official currency of India. It has a rich history dating back to ancient times, but the modern iteration of the currency was established in 1947 when India gained independence. The Rupee is an essential part of the Indian economy, being widely accepted as legal tender. It plays a significant role in international trade, domestic transactions, and as a store of value for the Indian population.

Quick Conversion Guide

Frequently Asked Questions

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The Ethiopian Birr to Indian Rupee 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 INR is Rs1.46.
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Yes, our site provides historical charts that show the trends and fluctuations in the Ethiopian Birr to Indian Rupee 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.