Ethiopian Birr

Ethiopian Birr

The birr (Amharic: ብር) is the unit of currency in Ethiopia. Before 1976, dollar was the official English translation of birr. Today, it is officially birr in English as well. In 1931, the Emperor of Ethiopia, Haile Selassie I, formally requested that the international community use the name Ethiopia (as it had already been known internally for at least 1,600 years) instead of Abyssinia, and the issuing Bank of Abyssinia also became the Bank of Ethiopia. Thus, the pre-1931 currency could be considered the Abyssinian birr and the post-1931 currency the Ethiopian birr, although it was the same country and the same currency before and after. 186 billion birr were in circulation in 2008 ($14.7 billion or €9.97 billion).

Israeli Shekel

Israeli Shekel

The Israeli new shekel (Hebrew: שֶׁקֶל חָדָשׁ‎ Sheqel H̱adash; Arabic: شيكل جديد‎ šēkal jadīd; sign: ₪; code: ILS), also known as simply the Israeli shekel and formerly known as the New Israeli Sheqel (NIS), is the currency of Israel and is also used as a legal tender in the Palestinian territories of the West Bank and the Gaza Strip. The new shekel is divided into 100 agora. The new shekel has been in use since 1 January 1986, when it replaced the hyperinflated old shekel at a ratio of 1000:1. The currency sign for the new shekel ⟨ ₪ ⟩ is a combination of the first Hebrew letters of the words shekel (ש) and ẖadash (ח) (new). Alongside the shekel sign, the following abbreviations of NIS, ש"ח‎ and ش.ج‎ are also used commonly to denominate prices.

7 Ethiopian Birr to Israeli Shekel exchange rates chart

7 ETB to ILS exchange rates graph
7 ETB to ILS Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

7 ETB to ILS exchange rates table

Exchange ETB to ILS
7 Ethiopian Birr = 0.919 Israeli Shekel
14 Ethiopian Birr = 1.838 Israeli Shekel
35 Ethiopian Birr = 4.594 Israeli Shekel
70 Ethiopian Birr = 9.189 Israeli Shekel
Exchange Ethiopian Birr to Israeli Shekel
7 Ethiopian Birr to Israeli Shekel Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

7 ETB to ILS exchange rates news

Ethiopia:Gunmen reportedly attacking 13th century Aba Samuel monastery
Ethiopia:Gunmen reportedly attacking 13th century Aba Samuel monastery

Unidentified gunmen are reportedly attacking Aba Samuel monastery in Meiso district of West Hararge in Southeastern Ethiopia for over a week now. Read more

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Ethiopia: A Pole-Position in an Intangible Economy

Opinion - Ethiopia's lackluster achievement in information technology is rarely pointed out. When it comes to policy-making, investment and public opinion, much of the oxygen is devoted to manufacturing.

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Smuggler caught at Gaza border with coins from time of Alexander the Great
Smuggler caught at Gaza border with coins from time of Alexander the Great

Palestinian man was attempting to take two 'rare, highly prized' tetradrachm coins, imprinted in Babylon and northern Greece between 323 and 325 BCE, out of territory

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Grapevine: An ongoing legacy
Grapevine: An ongoing legacy

What do Lord Roderick Balfour, former Jewish Agency chairman Natan Sharansky and the State of Israel have in common? All three came into being in 1948. The interesting coincidence came to light this week at a gala dinner celebrating the 101st anniversary of the Balfour Declaration hosted by the Israel Britain and the Commonwealth Association at the Hilton Hotel, Tel Aviv. Lord Balfour, who is no stranger to Israel, and Sharansky were the guest speakers. Balfour – utilizing that characteristically British mix of wry self-deprecation, humor and wit – kept his audience alert as he made some interesting historical and emotional points. Sharansky noted that 101 years earlier, news of the Balfour Declaration and the Bolshevik Revolution had been published on the same day in newspapers. Not much attention was paid at that time to the Balfour Declaration, but the Bolshevik Revolution was hailed as something that would change the course of history. Before either of them spoke, there were the traditional toasts to the president of Israel and the queen of England. In making the toast to President Reuven Rivlin, British Ambassador David Quarrey said he was a great admirer of Rivlin, but was taken aback when presenting his credentials when Rivlin had asked him on camera when the queen would visit Israel. Although that visit did not take place, Quarrey was delighted to have accompanied Prince William to meet the president.

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CISF detects high volume of foreign currency at Mumbai Airport

Uniindia: New Delhi, Nov 5 (UNI) The Central Industrial Security Force (CISF) on Sunday detected a high volume of foreign currencies worth over Rs 12 lakh, an official release said here on Monday.

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7 ETB to ILS currency converter