Currency.Wiki

1 Ethiopian Birr to South African Rand

Updated 4 minutes ago
Convert 1 ETB:ZAR
 ETB =
    ZAR
 Ethiopian Birr =  South African Rand
Trending: Br exchange rates for the last 24 hours
  • ETB/USD 0.017414 -0.00024416
  • ETB/EUR 0.016020 -0.00036561
  • ETB/JPY 2.694458 0.04171150
  • ETB/GBP 0.013744 -0.00026831
  • ETB/CHF 0.015717 0.00016562
  • ETB/MXN 0.291260 -0.00986322
  • ETB/INR 1.454035 -0.01187131
  • ETB/BRL 0.089452 0.00174072
  • ETB/CNY 0.125686 -0.00002988

ETB/ZAR exchange rate analysis over the past 90 days

Ethiopian Birr to South African Rand exchange rate: Over the last 90 days, the Ethiopian Birr weakened by -5.25% against the South African Rand, declining from R0.3338 to R0.3172 per Ethiopian Birr. This trend reflects the evolving economic dynamics between the Ethiopia and the Lesotho, Namibia, South Africa. Factors contributing to this weakening may include:

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

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

etb/zar 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.

R
South African Rand Currency

Country: Lesotho, Namibia, South Africa

Symbol: R

ISO Code: ZAR

Bank: South African Reserve Bank

Interesting fact about South African Rand

The South African Rand (ZAR), introduced in 1961, is the official currency of Lesotho, Namibia, and South Africa. It plays a vital role in these countries' economies, facilitating trade and investment. The Rand's history includes movements influenced by economic conditions, political events, and global market trends. Today, it remains a significant currency in the region.

Quick Conversion Guide

Frequently Asked Questions

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The Ethiopian Birr to South African Rand 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 ZAR is R0.32.
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Yes, our site provides historical charts that show the trends and fluctuations in the Ethiopian Birr to South African Rand 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.