Historic Ethiopian birr New Zealand Dollar

Ethiopian birr new zealand dollar history for January 2024. The highest quote for this month is 0.029239 (23/01/2024) and the lowest 0.029225 (29/01/2024). The difference between high and low is 0.05.

ETB NZD average rate for January 2024 is 0.02881, the change between 01/01/2024 and 31/01/2024 is -3.24 %.

01 January 20241 ETB = 0.0282 NZD
02 January 20241 ETB = 0.0282 NZD
03 January 20241 ETB = 0.0286 NZD
04 January 20241 ETB = 0.0286 NZD
05 January 20241 ETB = 0.0288 NZD
08 January 20241 ETB = 0.0288 NZD
09 January 20241 ETB = 0.0286 NZD
10 January 20241 ETB = 0.0285 NZD
11 January 20241 ETB = 0.0285 NZD
12 January 20241 ETB = 0.0284 NZD
15 January 20241 ETB = 0.0285 NZD
16 January 20241 ETB = 0.0287 NZD
17 January 20241 ETB = 0.0289 NZD
18 January 20241 ETB = 0.0292 NZD
19 January 20241 ETB = 0.0292 NZD
22 January 20241 ETB = 0.0290 NZD
23 January 20241 ETB = 0.0294 NZD
24 January 20241 ETB = 0.0292 NZD
25 January 20241 ETB = 0.0292 NZD
26 January 20241 ETB = 0.0292 NZD
29 January 20241 ETB = 0.0291 NZD
30 January 20241 ETB = 0.0290 NZD
31 January 20241 ETB = 0.0291 NZD

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/09/2008: Introduction of Birr Denominations

Ethiopia introduced new banknotes of different denominations in an effort to combat counterfeiting and improve security features.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

27/05/1991: Introduction of Birr Coins

Ethiopia introduced coins for the birr denominations, replacing the previous notes.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

17/09/1976: Introduction of New Birr

A new birr was introduced, replacing the previous Ethiopian birr and being equal to 100 old birr.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

08/07/1945: Decree to Change Birr Decimalization

Ethiopia changed the birr decimalization from talari and ghersh to dollars and cents.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

31/12/1931: Introduction of Ethiopian birr

The Ethiopian birr was introduced as the official currency, replacing the Maria Theresa Thaler.

05/07/1931: Ethiopian Monetary Authority Established

The Ethiopian Monetary Authority was established to regulate the country's monetary system and issue currency.

14/02/1894: Introduction of Maria Theresa Thaler

Ethiopia adopted the Maria Theresa Thaler as the official currency, which remained in circulation until 1935.
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