Convert Ethiopian Birr to Indian Rupee
Please provide values below to convert Ethiopian Birr [ETB] to Indian Rupee [INR], or Convert Indian Rupee to Ethiopian Birr.
How to Convert Ethiopian Birr to Indian Rupee
1 ETB = 1.58168156661917 INR
Example: convert 15 ETB to INR:
15 ETB = 15 × 1.58168156661917 INR = 23.7252234992875 INR
Ethiopian Birr to Indian Rupee Conversion Table
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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.
Indian Rupee
The Indian Rupee (INR) is the official currency of India, used for everyday transactions and financial exchanges within the country.
History/Origin
The Indian Rupee has a history dating back to ancient India, where it was used as a silver coin. It was formally adopted as the official currency during British rule and has evolved through various denominations and reforms to its current form.
Current Use
Today, the INR is widely used across India for all forms of monetary transactions, both cash and digital, and is managed by the Reserve Bank of India. It is also accepted in some neighboring countries and is a recognized currency in international trade.