ETB · ETB
Ethiopian Birr (ETB)
The Ethiopian Birr (ETB) is the official currency of Ethiopia, issued by the National Bank of Ethiopia. Learn about its history, denominations, and role in the economy.
Convert this currency
Converted amount
0.0063 USD
Exchange rate
1 ETB = 0.006262 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
ETB · Ethiopian Birr
Ethiopian Birr (ETB): Overview and History
The Ethiopian Birr (ETB) is the official currency of the Federal Democratic Republic of Ethiopia. It is issued and regulated by the National Bank of Ethiopia, the country's central bank. The birr is subdivided into 100 santim, although santim coins are rarely used in daily transactions due to inflation. The currency symbol for the birr is "Br" or "ETB" in international contexts.
The birr has a long history, with its name derived from the Ge'ez word for silver. The modern birr was introduced in 1945, replacing the East African shilling at a rate of 1 birr = 2 shillings. Over the decades, the currency has undergone several changes, including the introduction of new banknotes and coins. The current series of banknotes features images of notable Ethiopian figures and landmarks, reflecting the country's rich cultural heritage.
In the Ethiopian economy, the birr is used for all domestic transactions, and its exchange rate is determined by the foreign exchange market, with the National Bank of Ethiopia intervening to manage volatility. The currency plays a crucial role in trade, investment, and daily life. However, like many emerging market currencies, the birr has experienced periods of depreciation and inflation, which have impacted purchasing power. For the latest exchange rates and economic data, it is advisable to consult official sources.
- Code
- ETB
- Symbol
- ETB
- Current rate
- USD / ETB
Currency information
Last updated · 8/7/2026
The Ethiopian birr was introduced in 1945, replacing the East African shilling at a rate of 1 birr = 2 shillings.
- Official name
- Ethiopian Birr
- Legal tender status
- Legal tender in Ethiopia
- Decimal places
- 2
- Minor unit
- Santim · 1 ETB = 100 Santim
- Countries
- Ethiopia
- Issuing authority
- National Bank of Ethiopia
- Central bank
- National Bank of Ethiopia · Official website
- Exchange-rate regime
- Managed float
Common banknotes
1 birr · 5 birr · 10 birr · 50 birr · 100 birr · 200 birr
Common coins
1 santim · 5 santim · 10 santim · 25 santim · 50 santim · 1 birr
Also known as
Birr · Ethiopian Birr · ETB · Br
Practical notes
- The birr is divided into 100 santim.
- Banknotes of 1 birr are rarely used; coins are more common.
Priority currency pairs
The most useful conversions for this currency.
Ethiopian Birr questions
What is the ETB exchange rate?
The displayed rate is the latest available reference rate for USD/ETB. It can change throughout the day.
How can I convert ETB online?
Use the converter above to calculate indicative amounts between ETB and the other supported currencies.