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The USD to Ethiopian Birr conversion rate is a crucial aspect to consider when traveling to Ethiopia. The current exchange rate is around 35-40 birr per USD, although this can fluctuate depending on the market.
In recent years, the Ethiopian Birr has experienced significant volatility, with a 10% devaluation in 2020. This has made imports more expensive and affected the country's economy.
For travelers, the current exchange rate means that $100 can be exchanged for approximately 3,500-4,000 birr. This amount can cover a significant portion of daily expenses, including food, transportation, and accommodations.
To get the best exchange rate, it's essential to compare rates at multiple currency exchange offices or banks.
Conversion Rates
The conversion rates between US dollars and Ethiopian birrs are quite interesting. The average exchange rate over a period of nearly a year was 0.01317 US Dollars per Ethiopian Birr.
You can convert various amounts of US dollars to Ethiopian birrs using the provided conversion rates. For instance, 1,000 US dollars is equivalent to 126,953 Ethiopian birrs.
If you're looking for the current exchange rate, you can check the 1 ETB to USD Exchange Rates table, which shows the high, low, and average rates over the last 30 and 90 days. The table also provides information on volatility.
Here's a breakdown of the conversion rates for different amounts of US dollars:
Keep in mind that these rates are subject to change, and it's always a good idea to check the current rate before making any conversions.
Exchange Rate History
The Ethiopian Birr has had its fair share of ups and downs in the last year. The highest ETB to USD exchange rate in the last year was 0.01779 US Dollars per Ethiopian Birr on January 31, 2024.
The lowest point was even lower, reaching 0.007869 US Dollars per Ethiopian Birr on January 15, 2025. This significant drop highlights the volatility of the exchange rate.
In the last 30 days, the ETB to USD exchange rate has been relatively stable, with a high of 0.007956 and a low of 0.007869, averaging 0.007907. This stability is a welcome relief for those who trade in this currency.
Over the last 90 days, the ETB to USD exchange rate has seen a more significant decline, peaking at 0.008437 and dipping to a low of 0.007869, averaging 0.008043. This decline is a reminder of the importance of keeping an eye on exchange rates.
If you're interested in viewing exchange rates for a specific year, you can click on the links provided below. Here are the available years: 2025, 2024, 2023, 2022, 2021, 2020, 2019, 2018, 2017, and 2016.
The highest ETB to USD exchange rate in the last 10 years was a notable 0.04773 US Dollars per Ethiopian Birr on February 3, 2016.
Exchange Rate Information
The ETB to USD exchange rate can fluctuate significantly over time. The highest ETB to USD exchange rate in the last year was 0.01779 US Dollars per Ethiopian Birr on January 31, 2024.
You can check the current exchange rate to determine the best time to exchange your currency. As of January 27, 2025, the best ETB to USD exchange rate is 0.007877 USD.
The exchange rate can also be affected by factors such as inflation and economic performance. In the last 30 days, the ETB to USD exchange rate reached a high of 0.007956 and a low of 0.007869, with an average rate of 0.007907.
Here are some specific exchange rates for you to consider:
To give you a better idea of the exchange rate, here are some examples of how much 1 USD is equivalent to in ETB: 1 USD = 126.95 ETB, 5 USD = 634.77 ETB, and so on.
Calculations and Comparisons
The exchange rate between the US Dollar and the Ethiopian Birr can be quite fluctuating, but as of January 27, 2025, 100 Ethiopian Birr is equivalent to 0.7877 US Dollars.
If you're looking to convert a specific amount of Ethiopian Birr to US Dollars, you can use the exchange rate of 0.007877 US Dollars per Ethiopian Birr, as stated on the same date.
The US Dollar is currently stronger than the Ethiopian Birr, with 1 USD being equal to 126.95 ETB, making it a more valuable currency at the moment.
100 Calculation
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The Ethiopian Birr has taken a hit in value compared to the US Dollar, down by a significant -55.46% in the last year.
If you're looking to convert 100 Ethiopian Birr to US Dollars, you'll get 0.7877 US Dollars as of January 27, 2025, at 04:00 PM UTC.
Converting larger amounts of Ethiopian Birr to US Dollars requires keeping an eye on the exchange rate, which is currently 0.007877 US Dollars per Ethiopian Birr.
This means that for every Ethiopian Birr you exchange, you'll get approximately 0.007877 US Dollars in return.
Comparing Dollar Strength
Comparing Dollar Strength is a crucial aspect of international finance. The US Dollar is currently stronger than the Ethiopian Birr, as 1 USD is equal to 126.95 ETB.
You can easily calculate the exchange rate by dividing the value of the Ethiopian Birr by the value of the US Dollar. Conversely, 1 ETB is worth 0.007877 USD.
To put this into perspective, if you were to exchange 100 US Dollars, you would get 12695 Ethiopian Birr.
Frequently Asked Questions
How much is 1 dollar in Ethiopian birr in the black market?
As of 12/27/2023, 1 US dollar is exchanged for 113-120 Ethiopian birr in the black market, varying by location. The black market rate is significantly higher than the official rate of 57 birr.
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