Convert Brazilian Real to Ethiopian Birr
Please provide values below to convert Brazilian Real [BRL] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Brazilian Real.
How to Convert Brazilian Real to Ethiopian Birr
1 BRL = 0.0407429309148607 ETB
Example: convert 15 BRL to ETB:
15 BRL = 15 × 0.0407429309148607 ETB = 0.61114396372291 ETB
Brazilian Real to Ethiopian Birr Conversion Table
| Brazilian Real | Ethiopian Birr |
|---|
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.