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Chart · 30 jours

Ethiopian Birr (ETB) (ETB) exchange-rate chart to US Dollar (USD)

The ETB/USD pair shows how many US dollars are needed to buy one Ethiopian birr, reflecting trade, aid, and remittance flows between Ethiopia and the United States.

Current rate
1,081
1 ETB = 1,081 USD
Source
Indicative rate
catalogue loobiz.com
Reading guide

What does the ETB/USD chart show?

The curve shows the change in one unit of ETB expressed in USD. An upward slope means the base currency is strengthening relative to the quote currency; a downward slope indicates the opposite.

Use the 7-day, 30-day or 1-year periods to distinguish a short movement from a more lasting trend.

Interpretation

Variation, volatility and context

Volatility can reflect central-bank announcements, economic data, trade flows or risk sentiment. A chart is not a forecast: it describes the observations available for the selected period.

Minimum 0,00619102
Maximum 0,00630915
Average 0,00624606
Total change +0.58%
Observed movement

ETB/USD sur 30 jours

Du au · 16 observations

api.forex
Market series supplied by api.forex.
Editorial analysis

Understanding the ETB/USD pair

The ETB/USD exchange rate indicates the value of the Ethiopian birr against the US dollar. As a directed pair, it shows how many US dollars are required to purchase one Ethiopian birr. This rate is important for businesses and individuals involved in trade between Ethiopia and the United States, as well as for those sending or receiving remittances. When the ETB appreciates against the USD, it means the birr strengthens, making Ethiopian exports more expensive for US buyers and reducing the cost of US imports for Ethiopian consumers.

Structural drivers of the ETB/USD rate include the monetary policies of the National Bank of Ethiopia and the US Federal Reserve. Interest rate differentials, inflation rates, and economic growth in both countries play significant roles. Ethiopia's economy is influenced by agricultural exports, foreign aid, and remittances, while the US dollar is affected by global risk sentiment and US economic data. Capital flows, commodity prices, and geopolitical factors also contribute to exchange rate movements.

Over the past several years, the ETB has experienced a general trend of depreciation against the USD, driven by factors such as high inflation in Ethiopia, trade deficits, and external debt pressures. The National Bank of Ethiopia has periodically adjusted the official exchange rate to reflect market conditions. However, without specific historical data, it is important to note that exchange rates are subject to change based on evolving economic policies and global market dynamics.

This analysis is provided for information only and is neither a forecast nor financial advice.

Latest available observations

The table remains readable without JavaScript and repeats the latest chart points.

Date UTCRateChange
0,00626763 -0.28%
0,00628513 +0.37%
0,00626174 +0.95%
0,00620296 -0.94%
0,00626174 +0.13%
0,00625391 -0.22%
0,00626763 +1.06%
0,00620212 -1.05%
Reading

Understand the trend

Follow ETB/USD for conversion, transfers and international payments.

Data

Source and limitations

Displayed source: api.forex. Indicative values are used only as a visual fallback.

Currencies

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