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.
Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.
Days without a quotation are not interpolated: the series keeps only observations that were actually received.
Compare several periods before a trip, an international transfer or a foreign-currency invoice. The average, minimum and maximum provide a quick reference, while the table enables a date-by-date check.
Couverture du au , en UTC.
| Date UTC | Rate | Change | Nature |
|---|---|---|---|
| 0,00626763 | -0.28% | Market | |
| 0,00628513 | +0.37% | Market | |
| 0,00626174 | +0.95% | Market | |
| 0,00620296 | -0.94% | Market | |
| 0,00626174 | — | Market |
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.
Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.
Displayed source: api.forex. Indicative values are used only as a visual fallback.