Convert Bulgarian Lev to Ethiopian Birr
Please provide values below to convert Bulgarian Lev [BGN] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Bulgarian Lev.
How to Convert Bulgarian Lev to Ethiopian Birr
1 BGN = 0.0122045826465999 ETB
Example: convert 15 BGN to ETB:
15 BGN = 15 × 0.0122045826465999 ETB = 0.183068739698999 ETB
Bulgarian Lev to Ethiopian Birr Conversion Table
| Bulgarian Lev | Ethiopian Birr |
|---|
Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.