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Exchange rates for the US dollar in Ethiopia / USD 1 = ETB ... (middle)
Path :| Time series key | BBEX3.A.ETB.USD.CA.AC.A04 |
| Unit | ETB |
| Dimension | one |
| Timespan | from 1996 to 2023 |
| Last update | 12.01.2024 02:12:58 PM |
| Methodology | Calculated on the basis of month-end middle rates, from September 1998 on the basis of buying and selling rates. |
| Source | Since December 2011: Commercial Bank of Ethiopia, Addis Ababa. 1996 - November 2011: National Bank of Ethiopia, Addis Ababa. |
| 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: USD 1 = ETB 23.4231 / 23.8916 11 October 2017: USD 1 = ETB 26.9365 / 27.4752 Calculated using these exchange rates, the Ethiopian birr experienced a devaluation of 13.0% against the US dollar. |
| Comment on 2010 | On 1 September 2010, the Ethiopian birr was devalued. Calculated using the exchange rates (buying/selling) from 31 August (USD 1 = ETB 13.6284 / 13.900968) and 1 September (USD 1 = ETB 16.3514 / 16.6784 ) the birr was devalued by 16.7%. |