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Currency.Wiki
Updated 1 minute ago
 ETB =
    CNY
 Ethiopian Birr =  Chinese Yuan
Trending: Br exchange rates for the last 24 hours
  • ETB/USD 0.007854 -0.00035328
  • ETB/EUR 0.007548 -0.00005355
  • ETB/JPY 1.202021 -0.05507830
  • ETB/GBP 0.006280 -0.00004140
  • ETB/CHF 0.007090 -0.00007244
  • ETB/MXN 0.161733 -0.00081171
  • ETB/INR 0.686747 -0.00514144
  • ETB/BRL 0.045366 -0.00135139
  • ETB/CNY 0.057112 -0.00150966

ETB/CNY exchange rate analysis over the past 90 days

Ethiopian Birr to Chinese Yuan exchange rate: Over the last 90 days, the Ethiopian Birr weakened by -2.64% against the Chinese Yuan, declining from CN¥0.0586 to CN¥0.0571 per Ethiopian Birr. This trend reflects the evolving economic dynamics between the Ethiopia and the China. Factors contributing to this weakening may include:

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

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

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.

CN¥

Chinese Yuan Currency

Country: China

Symbol: CN¥

ISO Code: CNY

Bank: People's Bank of China

Interesting fact about Chinese Yuan

The Chinese Yuan (CNY) is the official currency of China, issued by the People's Bank of China. It was first introduced in 1948 and has since undergone several reforms to become more market-oriented. The Yuan is significant in China as it plays a crucial role in the country's economic growth and global trade, and it serves as a symbol of China's economic power and influence in the international marketplace.

Quick Conversion Guide

Frequently Asked Questions

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The Ethiopian Birr to Chinese Yuan 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 CNY is CN¥0.06.
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Yes, our site provides historical charts that show the trends and fluctuations in the Ethiopian Birr to Chinese Yuan 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.