Currency.Wiki

1 Ethiopian Birr to Mexican Peso

Updated 4 minutes ago
Convert 1 ETB:MXN
 ETB =
    MXN
 Ethiopian Birr =  Mexican Pesos
Trending: Br exchange rates for the last 24 hours
  • ETB/USD 0.017458 -0.00020038
  • ETB/EUR 0.016101 -0.00028463
  • ETB/JPY 2.721729 0.06898224
  • ETB/GBP 0.013802 -0.00021028
  • ETB/CHF 0.015883 0.00033097
  • ETB/MXN 0.291309 -0.00981372
  • ETB/INR 1.455925 -0.00998155
  • ETB/BRL 0.089543 0.00183114
  • ETB/CNY 0.126157 0.00044142

ETB/MXN exchange rate analysis over the past 90 days

Ethiopian Birr to Mexican Peso exchange rate: Over the last 90 days, the Ethiopian Birr weakened by -3.37% against the Mexican Peso, declining from MX$0.3011 to MX$0.2913 per Ethiopian Birr. This trend reflects the evolving economic dynamics between the Ethiopia and the Mexico. Factors contributing to this weakening may include:

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

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

etb/mxn 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.

MX$
Mexican Peso Currency

Country: Mexico

Symbol: MX$

ISO Code: MXN

Bank: Bank of Mexico

Interesting fact about Mexican Peso

The Mexican Peso (MXN) is the official currency of Mexico. It has a rich history dating back to the colonial era. The peso has played a significant role in Mexico's economy, serving as a symbol of national identity and reflecting the country's economic ups and downs. Today, it is widely accepted and used for daily transactions and international trade.

Quick Conversion Guide

Frequently Asked Questions

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The Ethiopian Birr to Mexican Peso 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 MXN is MX$0.29.
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Yes, our site provides historical charts that show the trends and fluctuations in the Ethiopian Birr to Mexican Peso 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.