ETB to JEP

ETB - Ethiopian Birr (ብር)
JEP - Jersey pound (£)
1 ETB1 JEP

Currency conversion rates from ETB to JEP

ETBJEP
1 ETB1 JEP
5 ETB5 JEP
10 ETB10 JEP
20 ETB20 JEP
50 ETB50 JEP
100 ETB100 JEP
250 ETB250 JEP
500 ETB500 JEP
1000 ETB1000 JEP
2000 ETB2000 JEP
5000 ETB5000 JEP
10000 ETB10000 JEP
JEPETB
1 JEP1 ETB
5 JEP5 ETB
10 JEP10 ETB
20 JEP20 ETB
50 JEP50 ETB
100 JEP100 ETB
250 JEP250 ETB
500 JEP500 ETB
1000 JEP1000 ETB
2000 JEP2000 ETB
5000 JEP5000 ETB
10000 JEP10000 ETB

ETB - Ethiopian Birr (Br)

Ethiopian Birr

The official currency of Ethiopia is the Ethiopian Birr (ETB). The Ethiopian Birr is subdivided into santim; 100 santim = 1 ETB. Br is the symbol used for the Birr. The Nigerian Naira is rated the most-used currency in Africa, the Birr is rated second.

The Ethiopian Birr is the currency in Ethiopia (ET, ETH). The Ethiopian Birr is also known as Birrs. The symbol for ETB can be written Br. The Ethiopian Birr is divided into 100 cents. The exchange rate for the Ethiopian Birr was last updated on May 24, 2019 from Yahoo Finance. The ETB conversion factor has 3 significant digits.

Economy

  • Ethiopia’s economy is mainly based on the agricultural industry, which forms 80% of the yearly GDP.
  • There are no private businesses and no patent laws apply in Ethiopia.
  • Unemployment rate among youth is estimated at 70%.
  • The main industries are metals, cement, textiles, food processing, and cement.
  • Export products are leather, oilseeds, coffee, flowers, gold, qat, and live animals.
  • Import products are motor vehicles, textiles, cereals, petroleum, food, and chemicals.

History

  • During the 18th and 19th centuries the currency for Ethopia was the Maria Theresa Taler, also known as the Birr, which means silver. The Taler became the official coin in 1855, but the Indian Rupee and the Mexican Dollar were used for foreign trading.
  • In 1893, the Birr was introduced as the standard unit. It was subdivided into 20 girsch.
  • A new range of Ethiopian coins appeared in 1903.
  • The Bank of Ethiopia was formed in 1931. At that time the Birr became equal to the mentonnyas. 1 Birr = 100 metonnyas.
  • During the mid 1930s the currencies circulated were the Birr and the Talari.
  • From 1936 to 1941 Italy occupied Ethopia and the Italian Lira was used.
  • In 1945, the second Birr was introduced; 2 schillings = 1 birr.
  • In 1976, the Birr was made the official currency.

More information about ETB - Ethiopian Birr (Br)


JEP - JEP (£)

JEP

The Jersey Pound is the currency in Channel Islands (Aldernay, Guernsey, Jersey, Sark). The Jersey Pound is divided into 100 pence. The exchange rate for the Jersey Pound was last updated on Today from The International Monetary Fund. The JEP conversion factor has 6 significant digits.

More information about JEP - JEP (£)