Currency.Wiki
Updated 7 minutes ago
 ETB =
    USD
 Ethiopian Birr =  US Dollars
Trending: Br exchange rates for the last 24 hours
  • ETB/USD 0.008024 -0.00060690
  • ETB/EUR 0.007693 -0.00004094
  • ETB/JPY 1.255347 0.01191497
  • ETB/GBP 0.006385 -0.00009818
  • ETB/CHF 0.007173 -0.00017277
  • ETB/MXN 0.161136 -0.00617410
  • ETB/INR 0.681647 -0.03888971
  • ETB/BRL 0.048835 0.00134648
  • ETB/CNY 0.058548 -0.00231789

ETB/USD exchange rate analysis over the past 90 days

Ethiopian Birr to US Dollar exchange rate: Over the last 90 days, the Ethiopian Birr weakened by -7.56% against the US Dollar, declining from $0.0086 to $0.0080 per Ethiopian Birr. This trend reflects the evolving economic dynamics between the Ethiopia and the United States. Factors contributing to this weakening may include:

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

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.

$

US Dollar Currency

Country: United States

Symbol: $

ISO Code: USD

Bank: Federal Reserve System

Interesting fact about US Dollar

The United States Dollar (USD) is the official currency of the United States. Its history dates back to 1792 when it was first established as the country's monetary unit. Today, the USD is one of the most widely accepted and recognized currencies globally. It serves as a symbol of economic strength, stability, and as a medium for international trade and transactions.

Quick Conversion Guide

Frequently Asked Questions

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The Ethiopian Birr to US Dollar 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 USD is $0.01.
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Yes, our site provides historical charts that show the trends and fluctuations in the Ethiopian Birr to US Dollar 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.