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The Ethiopian Currency:

The Ethiopian Birr is the title of Ethiopia’s currency. The money has been in use in the country since the late 19th century when it was introduced during the reign of Emperor Menelik II.

Denominations:

1 Birr is equivalent to 100 Santim. Coins exist for; 1, 5, 10, 25 and 50 Santim. Banknotes exist for 1, 5, 10, 50 and 100 Birr.

Exchange rates against major currencies:

At the time of writing (June 2006), 1 $ US was equivalent to 8.737 Birr, 1 British Sterling Pound was equivalent to 15.88 Birr and 1 Euro was equivalent to 10.977 Birr.


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