Currency of Ethiopia: Ethiopian Birr
Ethiopian Birr ยท ETB ยท National
Who Issues Ethiopian Birr in Ethiopia
Currency administration in Ethiopia centers on the Ethiopian Birr (ETB) under National Bank of Ethiopia. The currency's machine-readable ISO 4217 identifier is 230.
In Ethiopia, National Bank of Ethiopia manages the monetary framework for the Ethiopian Birr in Ethiopia. ETB is therefore a nationally administered currency rather than an externally issued unit.
Exchange Rate for ETB
When using the ETB reference, the useful benchmark is a dated ETB observation with its currency pair stated explicitly. Actual conversion costs depend on the provider's spread, fees and timing. That keeps the reference observation clearly bounded.
On this Ethiopia currency page, hold the pair and timestamp constant when judging changes in the reference rate. Provider spreads, card charges and commissions can still change the amount actually paid.
Banknotes and Coins
Banknotes
The National Bank of Ethiopia's current banknote family uses Br1, Br5, Br10, Br50, Br100 and Br200 denominations, with the higher denominations redesigned in the 2020 currency change.
Coins
The birr coin structure contains 1, 5, 10, 25 and 50 cents plus the Br1 coin.
Frequently Asked Questions
What currency is used in Ethiopia?
When using the ETB reference, the Ethiopian Birr (ETB) is the national currency, with National Bank of Ethiopia responsible for the domestic monetary framework.
Who manages the currency system in Ethiopia?
National Bank of Ethiopia is the main monetary authority identified for Ethiopia.
Are the exchange rates for Ethiopia real-time?
For the Ethiopian Birr (ETB), the converter uses the latest available reference observation for a supported pair and displays its observation date. It is not a tick-by-tick dealing price or a promise of the rate a provider will offer. This leaves the source trail clear.
Sources & methodology
The page anchors its institutional currency facts in material from National Bank of Ethiopia and the framework governing Ethiopia. ISO 4217 is used for the ETB identifier; exchange-arrangement facts and dated rate observations are treated as different data layers. That keeps the institutional fact separate from market data.
View sources used for this page
- National Bank of Ethiopia - official website
- SIX - ISO 4217 Maintenance Agency
- IMF - Annual Report on Exchange Arrangements and Exchange Restrictions
- BIS - central bank directory and institutional cross-check
- Frankfurter - latest public reference-rate feed used by the converter
- National Bank of Ethiopia - banknotes
- National Bank of Ethiopia - circulating notes and coins by denomination