Historic Hong Kong dollar Ethiopian birr

Hong Kong dollar ethiopian birr history for August 2023. The highest quote for this month is 7.0643 (01/08/2023) and the lowest 7.0313 (02/08/2023). The difference between high and low is 0.47.

HKD ETB average rate for August 2023 is 7.01242, the change between 01/08/2023 and 31/08/2023 is -0.09 %.

01 August 20231 HKD = 7.01 ETB
02 August 20231 HKD = 7.01 ETB
03 August 20231 HKD = 7.04 ETB
04 August 20231 HKD = 7.00 ETB
07 August 20231 HKD = 6.98 ETB
08 August 20231 HKD = 7.03 ETB
09 August 20231 HKD = 7.02 ETB
10 August 20231 HKD = 7.02 ETB
11 August 20231 HKD = 7.02 ETB
14 August 20231 HKD = 7.05 ETB
15 August 20231 HKD = 7.01 ETB
16 August 20231 HKD = 7.02 ETB
17 August 20231 HKD = 7.00 ETB
18 August 20231 HKD = 7.00 ETB
21 August 20231 HKD = 7.00 ETB
22 August 20231 HKD = 7.00 ETB
23 August 20231 HKD = 7.01 ETB
24 August 20231 HKD = 7.01 ETB
25 August 20231 HKD = 7.00 ETB
28 August 20231 HKD = 6.99 ETB
29 August 20231 HKD = 7.01 ETB
30 August 20231 HKD = 7.01 ETB
31 August 20231 HKD = 7.02 ETB

10/09/2008: Introduction of Birr Denominations

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

18/05/2005: Removal of Ten Hong Kong Dollars Note

The Hong Kong Monetary Authority announced the removal of the HKD 10 paper note from circulation, encouraging the usage of electronic payment methods and reducing printing costs.

01/07/1997: Hong Kong's Handover to China

Hong Kong was officially handed over to China, marking the end of British colonial rule but maintaining the Hong Kong Dollar as its currency under the 'one country, two systems' principle.

17/10/1991: Linked Exchange Rate System

The Linked Exchange Rate System (LERS) was implemented, establishing a narrow trading range of HKD 7.75 to 7.85 against the U.S. Dollar, backed by stringent measures to maintain stability.

27/05/1991: Introduction of Birr Coins

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

31/12/1983: Joint Declaration on the Future of Hong Kong

The Sino-British Joint Declaration was signed, affirming Hong Kong's return to China in 1997 and ensuring the continuity of the Hong Kong Dollar as its official currency.

17/09/1976: Introduction of New Birr

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

22/05/1972: Pegging to the U.S. Dollar

As the British Pound faced pressures in the foreign exchange market, Hong Kong decided to switch the peg to the U.S. Dollar at a rate of HKD 5.65 to USD 1.

08/07/1945: Decree to Change Birr Decimalization

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

12/09/1935: Pegging to the Sterling

The Hong Kong Dollar was pegged to the British Pound (Sterling) at a fixed exchange rate of HKD 16 to GBP 1, which helped stabilize the currency.

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.

01/01/1863: Introduction of the Hong Kong Dollar

The Hong Kong Dollar was first introduced as an official currency by the British colonial government to facilitate trade and commerce in Hong Kong.