Convert Canadian Dollar to Ethiopian Birr
Please provide values below to convert Canadian Dollar [CAD] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Canadian Dollar.
How to Convert Canadian Dollar to Ethiopian Birr
1 CAD = 0.00997166218277307 ETB
Example: convert 15 CAD to ETB:
15 CAD = 15 × 0.00997166218277307 ETB = 0.149574932741596 ETB
Canadian Dollar to Ethiopian Birr Conversion Table
| Canadian Dollar | Ethiopian Birr |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
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.