Ethiopia The Ethiopian Birr (ETB) is the official currency of Ethiopia and is issued by the National Bank of Ethiopia. It has been in circulation since 1945, replacing the Italian-occupied East African shilling. The Birr is commonly used for all transactions in Ethiopia, and due to foreign exchange restrictions, it is not freely convertible outside the country. Ethiopia's economy, which is largely agrarian, relies on the Birr for trade and commerce, though inflation and currency devaluation have posed challenges in recent years.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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