Ethiopian birr

Birr
Country:	Ethiopia
Subdivision:	100 santim
ISO 4217 code :	ETB
Abbreviation:	Br
Exchange rate : (29 Mar 2020)	1  EUR  = 36.46 ETB 100 ETB = 2.7427 EUR 1  CHF  = 33.882 ETB 100 ETB = 2.9515 CHF

The birr is the currency of Ethiopia . It was introduced in 1894 under Emperor Menelik II . Originally it was divided into 20 Gersh or 40 Besa; from 1903 in 16 Gersh or 32 Besa; from 1933 in 100 Mätonya and since 1945 in 100 Santim or 100 cents (abbreviation: ct. ).

Current 50 Santim coin

5 Santim coin with the portrait of Emperor Haile Selassies , minted in 1944

Birr (ብር bərr ) is actually the Amharic word for silver , and since its introduction as the national currency, the name has remained unchanged in the local language. In trade with other countries, however, the birr was sometimes called the taler or (until 1976) dollar .

There are coins in circulation to the value of 1 (rare), 5, 10, 25 and 50 Santim, 1 Birr and banknotes of 1, 5, 10, 50 and 100 Birr.

While the official exchange rate is set by the Ethiopian National Bank , the price on the black market for foreign currencies (euros, dollars ) deviates by up to 25%.

Web links

Commons : Ethiopian Birr  - Collection of images, videos and audio files

• The banknotes of Ethiopia

Individual evidence

1. ↑ Helmut Kahnt, Bernd Knorr: Old dimensions, coins and weights. A lexicon. Bibliographisches Institut, Leipzig 1986, licensed edition Mannheim / Vienna / Zurich 1987, ISBN 3-411-02148-9 , p. 375.
2. ↑ Muluken Yewondwossen: Despite devaluation black market dollar rate gap highest ever. In: Capital Ethiopia. February 26, 2018, accessed May 14, 2018 .