Convert Ethiopian Birr to Turkish Lira
Please provide values below to convert Ethiopian Birr [ETB] to Turkish Lira [TRY], or Convert Turkish Lira to Ethiopian Birr.
How to Convert Ethiopian Birr to Turkish Lira
1 ETB = 3.37870511638028 TRY
Example: convert 15 ETB to TRY:
15 ETB = 15 × 3.37870511638028 TRY = 50.6805767457042 TRY
Ethiopian Birr to Turkish Lira 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.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.