Currency.Wiki

1 Ethiopian Birr to Turkish Lira

Updated 4 minutes ago
Convert 1 ETB:TRY
 ETB =
    TRY
 Ethiopian Birr =  Turkish Lira
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 0.013742 -0.00031841
  • 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/TRY exchange rate analysis over the past 90 days

Ethiopian Birr to Turkish Lira exchange rate: Over the last 90 days, the Ethiopian Birr strengthened by 2.84% against the Turkish Lira, moving from TL0.5469 to TL0.5629 per Ethiopian Birr. This trend reflects the evolving economic dynamics between the Ethiopia and the Turkey. Factors influencing this rate may include:

  • Trade Dynamics: The balance of trade and investment between Ethiopia and Turkey.
  • Regulatory Changes: Policies or regulations related to currency exchange or trade agreements between Ethiopia and Turkey.
  • Economic Health: Indicators such as GDP growth, unemployment rates, or inflation in the Ethiopia or Turkey.
  • Global Influences: Broader economic or geopolitical events that can impact both the Ethiopia and the Turkey.

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

etb/try 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.

TL
Turkish Lira Currency

Country: Turkey

Symbol: TL

ISO Code: TRY

Bank: Central Bank of the Republic of Turkey

Interesting fact about Turkish Lira

The Turkish Lira (TRY) is the official currency of Turkey. It was first introduced in 1923 during the establishment of the modern Turkish Republic. Over the years, the Lira has faced periods of high inflation and numerous currency reforms. Today, it is a significant symbol of Turkey's economy and has a crucial role in trade, commerce, and daily transactions within the country.

Quick Conversion Guide

Frequently Asked Questions

+
The Ethiopian Birr to Turkish Lira 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 TRY is TL0.56.
+
Yes, our site provides historical charts that show the trends and fluctuations in the Ethiopian Birr to Turkish Lira 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.