1 Dirham in Ethiopian Birr Today
Introduction
The Dirham is the official currency of the United Arab Emirates (UAE), while the Ethiopian Birr is the official currency of Ethiopia. If you're planning a trip to Ethiopia from the UAE or interested in currency exchange, you might wonder how much 1 Dirham is worth in Ethiopian Birr. In this article, we'll provide you with the current exchange rate and some useful information about both currencies.
Current Exchange Rate
As of [current date], the exchange rate is:
1 AED (UAE Dirham) = approximately 13.45 ETB (Ethiopian Birr)
Please note that exchange rates can fluctuate frequently, so this information may not be valid in the future. We recommend checking reliable currency exchange websites or services for the most up-to-date rates.
About the Dirham (AED)
The UAE Dirham was introduced in 1973, replacing the Qatar Riyal. It is issued by the Central Bank of the United Arab Emirates and is subdivided into 100 fils. The Dirham is pegged to the US Dollar at a fixed rate of 1 USD = 3.67 AED.
About the Ethiopian Birr (ETB)
The Ethiopian Birr has been the official currency of Ethiopia since 1931. It is issued by the National Bank of Ethiopia and is subdivided into 100 santim. The Birr has undergone several changes in its design and security features over the years.
Conclusion
In conclusion, 1 Dirham is approximately equal to 13.45 Ethiopian Birr as of the current exchange rate. Keep in mind that exchange rates can change frequently, and it's essential to check reliable sources for the most up-to-date information. Whether you're traveling, conducting business, or simply interested in currency exchange, understanding the value of both currencies is crucial.
