Ethiopian birr

Ethiopian birr
Reverse of a 1 Ethiopian birr note,
depicting the Tisisat waterfalls.
ISO 4217
CodeETB (numeric: 230)
Subunit0.01
Unit
SymbolBr‎ (Latin Script)
ብር (Ethiopic Script)
Denominations
Subunit
1100santim
Banknotes1, 5, 10, 50, 100, 200 birr
Coins1, 5, 10, 25, 50 santim; 1 birr
Demographics
User(s) Ethiopia
Issuance
Central bankNational Bank of Ethiopia
 Websitewww.nbe.gov.et
Valuation
Inflation15%[1] October 2017
 SourceThe World Factbook, 2008 est.

The birr (Amharic: ብር) is the primary unit of currency in Ethiopia. It is subdivided into 100 santims.

In 1931 Haile Selassie I, the Emperor of Ethiopia, 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.

  1. ^ "Ethiopia : Impacts of the Birr devaluation on inflation : 1".
  2. ^ Hatke, George (2013). Aksum and Nubia: Warfare, Commerce, and Political Fictions in Ancient Northeast Africa. pp. 52–53.

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