Ethiopian birr
Currency of Ethiopia / From Wikipedia, the free encyclopedia
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For other uses, see Birr (disambiguation).
The birr (Amharic: ብር) is the primary unit of currency in Ethiopia. It is subdivided into 100 santims.
Quick Facts ISO 4217, Code ...
ISO 4217 | |
---|---|
Code | ETB (numeric: 230) |
Subunit | 0.01 |
Unit | |
Symbol | Br (Latin Script) ብር (Ethiopic Script) |
Denominations | |
Subunit | |
1⁄100 | santim |
Banknotes | 1, 5, 10, 50, 100, 200 birr |
Coins | 1, 5, 10, 25, 50 santim; 1 birr |
Demographics | |
User(s) | Ethiopia |
Issuance | |
Central bank | National Bank of Ethiopia |
Website | www |
Valuation | |
Inflation | 15%[1] October 2017 |
Source | The World Factbook, 2008 est. |
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In 1931, Emperor Haile Selassie formally requested that the international community use the name Ethiopia (as it had already been known internally for at least 1,600 years[2]) instead of the exonym Abyssinia, and the issuing Bank of Abyssinia also became the Bank of Ethiopia. Thus, the pre-1931 currency may be referred to as the Abyssinian birr and the post-1931 currency the Ethiopian birr, although neither the country nor the currency changed beyond the name.
186 billion birr ($14.7 billion or €9.97 billion) were in circulation in 2008.