Historic Ethiopian birr Norwegian krone

Ethiopian birr norwegian krone history for December 2023. The highest quote for this month is 0.19661 (12/12/2023) and the lowest 0.19604 (06/12/2023). The difference between high and low is 0.29.

ETB NOK average rate for December 2023 is 0.18896, the change between 01/12/2023 and 31/12/2023 is +5.48 %.

01 December 20231 ETB = 0.1931 NOK
04 December 20231 ETB = 0.1906 NOK
05 December 20231 ETB = 0.1949 NOK
06 December 20231 ETB = 0.1965 NOK
07 December 20231 ETB = 0.1958 NOK
08 December 20231 ETB = 0.1952 NOK
11 December 20231 ETB = 0.1959 NOK
12 December 20231 ETB = 0.1967 NOK
13 December 20231 ETB = 0.1956 NOK
14 December 20231 ETB = 0.1934 NOK
15 December 20231 ETB = 0.1884 NOK
18 December 20231 ETB = 0.1858 NOK
19 December 20231 ETB = 0.1855 NOK
20 December 20231 ETB = 0.1839 NOK
21 December 20231 ETB = 0.1854 NOK
22 December 20231 ETB = 0.1838 NOK
25 December 20231 ETB = 0.1812 NOK
26 December 20231 ETB = 0.1812 NOK
27 December 20231 ETB = 0.1818 NOK
28 December 20231 ETB = 0.1810 NOK
29 December 20231 ETB = 0.1825 NOK

30/10/2016: Withdrawal of the 1000-krone banknote

The Norges Bank phased out the 1000-krone banknote, as part of efforts to combat money laundering and reduce the use of cash in the economy.

10/09/2008: Introduction of Birr Denominations

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

01/01/1999: Creation of the euro

Several European countries introduced the euro as a common currency, but Norway chose to maintain the krone, cementing its separate monetary path.

19/11/1992: Norway rejects European Union membership

In a referendum, Norway voted against joining the European Union, reaffirming its independent monetary policy and keeping the krone outside the eurozone.

27/05/1991: Introduction of Birr Coins

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

17/09/1976: Introduction of New Birr

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

08/07/1945: Decree to Change Birr Decimalization

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

31/12/1931: Introduction of Ethiopian birr

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

22/10/1931: Devaluation of the krone

To counter the effects of the Great Depression, Norway devalued the krone by 14%, aiming to boost exports and stimulate the economy.

05/07/1931: Ethiopian Monetary Authority Established

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

01/11/1920: Krone's return to the gold standard

Following the end of World War I, Norway reintroduced the gold standard for the krone, stabilizing its value and restoring confidence in the currency.

02/08/1914: Suspension of krone's gold standard

Due to the outbreak of World War I, Norway suspended the krone's convertibility into gold, allowing for more flexibility in monetary policy during the war.

14/02/1894: Introduction of Maria Theresa Thaler

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

27/10/1875: The introduction of the krone currency

The krone was established as the official currency of Norway, replacing the previous speciedaler, marking a significant milestone in the country's monetary history.