Currency.Wiki

1 Ethiopian Birr to Panamanian Balboa

Updated 44 seconds ago
Convert 1 ETB:PAB
 ETB =
    PAB
 Ethiopian Birr =  Panamanian Balboas
Trending: Br exchange rates for the last 24 hours
  • ETB/USD 0.017411 -0.00024725
  • ETB/EUR 0.016033 -0.00035287
  • ETB/JPY 2.711234 0.05848789
  • ETB/GBP 0.013732 -0.00028090
  • ETB/CHF 0.015818 0.00026521
  • ETB/MXN 0.289829 -0.01129387
  • ETB/INR 1.450672 -0.01523482
  • ETB/BRL 0.089036 0.00132439
  • ETB/CNY 0.125800 0.00008362

ETB/PAB exchange rate analysis over the past 90 days

Ethiopian Birr to Panamanian Balboa exchange rate: Over the last 90 days, the Ethiopian Birr weakened by -1.42% against the Panamanian Balboa, declining from B\\/.0.0177 to B\\/.0.0174 per Ethiopian Birr. This trend reflects the evolving economic dynamics between the Ethiopia and the Panama. Factors contributing to this weakening may include:

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

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

etb/pab 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.

B\\/.
Panamanian Balboa Currency

Country: Panama

Symbol: B\\/.

ISO Code: PAB

Bank: National Bank of Panama

Interesting fact about Panamanian Balboa

The Panamanian Balboa (PAB) is the national currency of Panama, equivalent in value to the United States dollar (USD). It was introduced in 1904 when Panama gained independence from Colombia and has since played a vital role in the country's economy. The Balboa is mainly used for accounting purposes, while the USD is the dominant form of physical currency in circulation.

Quick Conversion Guide

Frequently Asked Questions

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The Ethiopian Birr to Panamanian Balboa 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 PAB is B\\/.0.02.
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Yes, our site provides historical charts that show the trends and fluctuations in the Ethiopian Birr to Panamanian Balboa 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.