Convert Ethiopian Birr to Armenian Dram
Please provide values below to convert Ethiopian Birr [ETB] to Armenian Dram [AMD], or Convert Armenian Dram to Ethiopian Birr.
How to Convert Ethiopian Birr to Armenian Dram
1 ETB = 0.355776937037336 AMD
Example: convert 15 ETB to AMD:
15 ETB = 15 × 0.355776937037336 AMD = 5.33665405556004 AMD
Ethiopian Birr to Armenian Dram Conversion Table
| Ethiopian Birr | Armenian Dram |
|---|
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.
Armenian Dram
The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.
History/Origin
The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.
Current Use
The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.