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).

Saudi Arabian Riyal

Saudi Arabian Riyal

The Saudi riyal (Arabic: ريال‎ riyāl); is the currency of Saudi Arabia. It is abbreviated as ر.س or SR (Saudi riyal). It is subdivided into 100 halalas (Arabic: هللة‎ Halalah).

7 Ethiopian Birr to Saudi Arabian Riyal exchange rates chart

7 ETB to SAR exchange rates graph
7 ETB to SAR 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 SAR exchange rates table

Exchange ETB to SAR
7 Ethiopian Birr = 0.933 Saudi Arabian Riyal
14 Ethiopian Birr = 1.866 Saudi Arabian Riyal
35 Ethiopian Birr = 4.664 Saudi Arabian Riyal
70 Ethiopian Birr = 9.329 Saudi Arabian Riyal
Exchange Ethiopian Birr to Saudi Arabian Riyal
7 Ethiopian Birr to Saudi Arabian Riyal 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 SAR exchange rates news

Ethio Telecom Cuts Tariff Off International Calls, SMS from Ethiopia

2merkato provides business information for investors, suppliers, buyers, traders who are engaged or want to engage in business activities in Ethiopia.

12 days indicative neutral
Iranian rial hits record low of 170,000 to the dollar

LONDON: The Iranian rial hit a record low against the US dollar on the unofficial market on Wednesday, the local Tasnim news agency reported, amid a deterioration in the economic situation in Iran and the reimposition of sanctions by Washington. The dollar was being offered for as much as 170,000 rials, according to Tasnim. The rial has lost approximately 75 percent of its

4 days conditional neutral
Top bank boosts Egypt, Gulf falls in thin trade

Egypt’s blue-chip stock index rose sharply on Wednesday, boosted by its biggest bank, while all major Gulf markets were weak, with some investors away on year-end holidays.

13 days conditional neutral
Super Eagles forward wins Player of the Week in Saudi Arabia

Ahmed Musa has been rewarded for his outstanding performances for Al Nassr in the month of September.

18 days indicative positive

7 ETB to SAR currency converter