Convert Ethiopian Birr to Argentine Peso
Please provide values below to convert Ethiopian Birr [ETB] to Argentine Peso [ARS], or Convert Argentine Peso to Ethiopian Birr.
How to Convert Ethiopian Birr to Argentine Peso
1 ETB = 0.107913787248158 ARS
Example: convert 15 ETB to ARS:
15 ETB = 15 × 0.107913787248158 ARS = 1.61870680872237 ARS
Ethiopian Birr to Argentine Peso Conversion Table
| Ethiopian Birr | Argentine Peso |
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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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.