Convert Indonesian Rupiah to Ethiopian Birr
Please provide values below to convert Indonesian Rupiah [IDR] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Indonesian Rupiah.
How to Convert Indonesian Rupiah to Ethiopian Birr
1 IDR = 119.205730211099 ETB
Example: convert 15 IDR to ETB:
15 IDR = 15 × 119.205730211099 ETB = 1788.08595316649 ETB
Indonesian Rupiah to Ethiopian Birr Conversion Table
| Indonesian Rupiah | Ethiopian Birr |
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Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.
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.