Convert United Arab Emirates Dirham to Ethiopian Birr
Please provide values below to convert United Arab Emirates Dirham [AED] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to United Arab Emirates Dirham.
How to Convert United Arab Emirates Dirham to Ethiopian Birr
1 AED = 0.0268777463238415 ETB
Example: convert 15 AED to ETB:
15 AED = 15 × 0.0268777463238415 ETB = 0.403166194857623 ETB
United Arab Emirates Dirham to Ethiopian Birr Conversion Table
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United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.
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.