Time series key
|
BBEX3.A.ETB.EUR.CA.AB.A04 |
Unit
|
ETB |
Dimension
|
one |
Timespan
|
from
1999 to
2023 |
Last update
|
12.01.2024 02:12:58 PM |
|
|
Methodology
|
Calculated on the basis of month-end exchange rates / month-end comparable rates. |
Source
|
Since December 2011: Commercial Bank of Ethiopia, Addis Ababa. 1999 - November 2011: National Bank of Ethiopia, Addis Ababa (until December 2009 for US dollar only). |
|
|
Comment on
2017 |
With effect from 11 October 2017, the exchange rates were adjusted more sharply. We recorded the following exchange rates: 10 October 2017: EUR 1 = ETB 27.5081 / 28.0678 11 October 2017: EUR 1 = ETB 31.8228 / 32.4702 Calculated using these exchange rates, the Ethiopian birr experienced a devaluation of 13.6% against the euro. |
Comment on
2010 |
On 1 September 2010, the Ethiopian birr was devalued. Calculated using the exchange rates (buying/selling) from 31 August (EUR 1 = ETB 17.3217 / 17.668134) and 1 September (EUR 1 = ETB 20.8153 / 21.2316) the birr was devalued by 16.8%. |